AMF Tjanstepension AB Purchases Shares of 101,617 Capital One Financial Co. (NYSE:COF)

AMF Tjanstepension AB purchased a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 101,617 shares of the financial services provider's stock, valued at approximately $18,120,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of COF. Bfsg LLC acquired a new position in Capital One Financial during the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in Capital One Financial during the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC acquired a new position in Capital One Financial during the fourth quarter valued at approximately $29,000. Decker Retirement Planning Inc. acquired a new position in shares of Capital One Financial during the fourth quarter worth $32,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Capital One Financial during the fourth quarter worth $32,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Truist Financial boosted their target price on shares of Capital One Financial from $229.00 to $257.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Wells Fargo & Company boosted their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an "overweight" rating in a research report on Friday, January 3rd. Argus raised shares of Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a research note on Monday, December 9th. Seven equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $202.27.

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Capital One Financial Stock Down 1.8 %

COF stock opened at $173.00 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The firm has a fifty day moving average price of $193.50 and a two-hundred day moving average price of $174.27. The firm has a market cap of $65.97 billion, a price-to-earnings ratio of 14.93, a PEG ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the firm earned $2.81 earnings per share. The firm's revenue for the quarter was up 7.2% compared to the same quarter last year. Research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is 20.71%.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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