Empowered Funds LLC Buys 8,392 Shares of Capital One Financial Co. (NYSE:COF)

Empowered Funds LLC boosted its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 91.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,589 shares of the financial services provider's stock after purchasing an additional 8,392 shares during the quarter. Empowered Funds LLC's holdings in Capital One Financial were worth $3,136,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Asset Management One Co. Ltd. lifted its position in shares of Capital One Financial by 5.3% in the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider's stock valued at $21,976,000 after acquiring an additional 7,331 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider's stock valued at $64,482,000 after acquiring an additional 17,825 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Capital One Financial by 4.5% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider's stock valued at $8,234,000 after acquiring an additional 2,006 shares in the last quarter. Catalina Capital Group LLC lifted its position in shares of Capital One Financial by 8.1% in the third quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider's stock valued at $241,000 after acquiring an additional 121 shares in the last quarter. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Capital One Financial in the third quarter valued at $1,649,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

COF has been the subject of several analyst reports. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. The Goldman Sachs Group upped their target price on Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. UBS Group upgraded Capital One Financial from a "neutral" rating to a "buy" rating and upped their target price for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Barclays upped their target price on Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. Finally, Argus upgraded Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $196.31.

Capital One Financial Stock Up 2.5 %

COF traded up $4.94 on Monday, reaching $202.25. The company's stock had a trading volume of 2,506,325 shares, compared to its average volume of 3,573,576. The stock has a market cap of $77.10 billion, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The business's 50 day moving average is $189.51 and its 200 day moving average is $168.58.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts' consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter last year, the business posted $2.81 EPS. Capital One Financial's quarterly revenue was up 7.2% compared to the same quarter last year. As a group, research analysts forecast that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is presently 20.71%.

Capital One Financial Company 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.