Capital One Financial Co. (NYSE:COF) Shares Acquired by DRW Securities LLC

DRW Securities LLC raised its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 120.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,191 shares of the financial services provider's stock after buying an additional 11,585 shares during the quarter. DRW Securities LLC's holdings in Capital One Financial were worth $3,779,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. lifted its position in shares of Capital One Financial by 4.3% during the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider's stock worth $64,482,000 after purchasing an additional 17,825 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Capital One Financial by 4.5% in the 4th 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 buying an additional 2,006 shares during the period. Geode Capital Management LLC grew its stake in shares of Capital One Financial by 2.6% in 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 acquiring an additional 207,427 shares in the last quarter. Artemis Investment Management LLP acquired a new stake in shares of Capital One Financial in the fourth quarter valued at $46,915,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings 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 purchasing an additional 22,063 shares during the period. Institutional investors and hedge funds own 89.84% of the company's stock.

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Wall Street Analyst Weigh In

COF has been the subject of several recent research reports. Barclays lifted their price objective 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. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Truist Financial lowered their target price on shares of Capital One Financial from $257.00 to $215.00 and set a "buy" rating for the company in a research note on Friday, March 21st. HSBC raised Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price target for the company in a report on Tuesday, January 14th. Finally, BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price for the company in a research note on Tuesday, March 25th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $206.73.

Capital One Financial Trading Down 0.3 %

NYSE:COF traded down $0.53 on Monday, reaching $160.44. The stock had a trading volume of 805,216 shares, compared to its average volume of 3,038,506. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The firm's fifty day moving average is $182.18 and its two-hundred day moving average is $179.34. The company has a market cap of $61.20 billion, a price-to-earnings ratio of 13.84, a P/E/G ratio of 1.19 and a beta of 1.24. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (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 firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the company earned $2.81 EPS. The firm's quarterly revenue was up 7.2% on a year-over-year basis. Equities analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.50%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is currently 20.71%.

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.