Price T Rowe Associates Inc. MD Boosts Position in Capital One Financial Co. (NYSE:COF)

Price T Rowe Associates Inc. MD grew its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 63.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,242,912 shares of the financial services provider's stock after buying an additional 480,269 shares during the quarter. Price T Rowe Associates Inc. MD owned 0.33% of Capital One Financial worth $221,637,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in COF. Principal Financial Group Inc. grew its holdings in Capital One Financial by 4.3% during the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider's stock worth $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% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider's stock worth $8,234,000 after purchasing an additional 2,006 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Capital One Financial by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock worth $1,467,393,000 after purchasing an additional 207,427 shares in the last quarter. Artemis Investment Management LLP purchased a new position in Capital One Financial in the fourth quarter valued at $46,915,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Capital One Financial by 9.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 250,696 shares of the financial services provider's stock valued at $44,704,000 after buying an additional 22,063 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of COF stock traded down $0.19 during trading hours on Tuesday, reaching $182.94. 2,602,755 shares of the company's stock were exchanged, compared to its average volume of 3,134,150. 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 company's 50 day moving average is $175.22 and its two-hundred day moving average is $180.91. The company has a market cap of $69.79 billion, a P/E ratio of 15.78, a price-to-earnings-growth 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 released its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.31. The firm had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Equities research analysts anticipate that Capital One Financial Co. will post 15.65 EPS 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. Investors of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio is currently 20.15%.

Analysts Set New Price Targets

Several equities research analysts recently commented on COF shares. JPMorgan Chase & Co. cut their price target on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. UBS Group upgraded Capital One Financial from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Citigroup decreased their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research report on Monday, March 24th. Barclays raised their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 22nd. Finally, Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $207.73.

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.