Callodine Capital Management LP Invests $8.92 Million in Capital One Financial Co. (NYSE:COF)

Callodine Capital Management LP acquired a new position in shares of Capital One Financial Co. (NYSE:COF - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 50,000 shares of the financial services provider's stock, valued at approximately $8,916,000. Capital One Financial comprises about 1.8% of Callodine Capital Management LP's holdings, making the stock its 21st biggest holding.

Several other large investors also recently bought and sold shares of COF. Bfsg LLC acquired a new position in Capital One Financial in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial in the 4th quarter worth $27,000. TruNorth Capital Management LLC purchased a new stake in shares of Capital One Financial in the fourth quarter valued at about $29,000. Decker Retirement Planning Inc. acquired a new position in shares of Capital One Financial during the fourth quarter worth about $32,000. Finally, SBI Securities Co. Ltd. purchased a new position in Capital One Financial during the fourth quarter worth about $32,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on COF. Baird R W upgraded Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Royal Bank of Canada set a $190.00 price objective on Capital One Financial and gave the stock a "sector perform" rating in a research report on Monday, April 14th. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target on the stock in a research note on Tuesday, March 25th. Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an "overweight" rating in a report on Friday, January 3rd. Finally, HSBC raised Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price objective for the company in a research note on Tuesday, January 14th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $206.07.

Capital One Financial Trading Up 4.8 %

NYSE COF traded up $8.17 during mid-day trading on Wednesday, reaching $178.37. 5,108,578 shares of the stock were exchanged, compared to its average volume of 3,119,583. The business's fifty day simple moving average is $177.01 and its 200 day simple moving average is $179.88. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization of $68.04 billion, a PE ratio of 15.39, a PEG ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. On average, research analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial's dividend payout ratio is currently 20.71%.

Capital One Financial Profile

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.