Cramer Rosenthal Mcglynn LLC Acquires Shares of 63,236 Capital One Financial Co. (NYSE:COF)

Cramer Rosenthal Mcglynn LLC bought a new stake in Capital One Financial Co. (NYSE:COF - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 63,236 shares of the financial services provider's stock, valued at approximately $11,276,000.

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

Capital One Financial Stock Performance

Shares of COF stock traded up $8.17 during trading hours on Wednesday, reaching $178.37. The company had a trading volume of 5,108,578 shares, compared to its average volume of 3,119,583. The firm has a market cap of $68.04 billion, a PE ratio of 15.39, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. The business has a fifty day moving average price of $177.01 and a 200-day moving average price of $179.88. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

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 earnings per share (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. Sell-side analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal 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 paid a $0.60 dividend. This represents a $2.40 annualized dividend 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 (DPR) is currently 20.71%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on COF. Wells Fargo & Company raised their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an "overweight" rating in a research note on Friday, January 3rd. Truist Financial reduced their target price on Capital One Financial from $257.00 to $215.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Argus raised shares of Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a report on Tuesday, March 25th. Finally, Baird R W raised Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Four 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 company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $206.07.

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.