CANADA LIFE ASSURANCE Co decreased its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 6.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 419,634 shares of the financial services provider's stock after selling 27,803 shares during the quarter. CANADA LIFE ASSURANCE Co owned 0.11% of Capital One Financial worth $74,817,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bfsg LLC bought a new position in Capital One Financial in the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Capital One Financial in the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC purchased a new position in shares of Capital One Financial in the fourth quarter worth approximately $29,000. Decker Retirement Planning Inc. bought a new stake in Capital One Financial during the fourth quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Capital One Financial during the fourth quarter valued at approximately $32,000. Institutional investors own 89.84% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have commented on COF. BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target for the company in a research report on Tuesday, March 25th. Argus upgraded shares of Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a research note on Wednesday, March 12th. Citigroup cut their price target on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Finally, 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 note on Monday, April 14th. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Capital One Financial currently has a consensus rating of "Moderate Buy" and an average price target of $206.07.
Get Our Latest Analysis on COF
Capital One Financial Price Performance
Shares of COF stock traded up $7.11 during trading hours on Wednesday, hitting $177.31. 4,755,895 shares of the company's stock were exchanged, compared to its average volume of 3,118,623. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The firm has a 50 day moving average of $177.01 and a two-hundred day moving average of $179.88. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market cap of $67.64 billion, a P/E ratio of 15.30, a P/E/G ratio of 1.19 and a beta of 1.24.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.75 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 billion for the quarter, compared to analyst estimates of $10.07 billion. Sell-side analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.
Capital One Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given 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 was Tuesday, February 18th. Capital One Financial's dividend payout ratio is presently 20.71%.
About Capital One Financial
(
Free Report)
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.
See Also
Before you consider Capital One Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Capital One Financial wasn't on the list.
While Capital One Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
