Dynamic Technology Lab Private Ltd lifted its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 238.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 9,750 shares of the financial services provider's stock after purchasing an additional 6,866 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Capital One Financial were worth $1,739,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the business. Intech Investment Management LLC acquired a new stake in shares of Capital One Financial during the third quarter worth $248,000. Benjamin Edwards Inc. raised its stake in shares of Capital One Financial by 309.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 6,929 shares of the financial services provider's stock valued at $1,038,000 after purchasing an additional 5,236 shares during the period. Resurgent Financial Advisors LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at about $233,000. Royal London Asset Management Ltd. lifted its holdings in shares of Capital One Financial by 1.5% in the third quarter. Royal London Asset Management Ltd. now owns 152,933 shares of the financial services provider's stock valued at $22,899,000 after purchasing an additional 2,297 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its position in shares of Capital One Financial by 72.2% during the third quarter. Quantinno Capital Management LP now owns 42,640 shares of the financial services provider's stock worth $6,385,000 after buying an additional 17,881 shares during the period. 89.84% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
COF has been the topic of several research reports. HSBC upgraded Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price on the stock in a research note on Tuesday, January 14th. Royal Bank of Canada increased their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a "sector perform" rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. decreased their target price on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research report on Tuesday. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target on the stock in a research report on Tuesday, March 25th. Finally, Argus upgraded Capital One Financial to a "strong-buy" rating in a report on Thursday, January 23rd. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $206.73.
Get Our Latest Research Report on COF
Capital One Financial Stock Performance
Shares of NYSE COF traded down $12.85 during midday trading on Thursday, hitting $162.06. 3,095,144 shares of the company's stock were exchanged, compared to its average volume of 3,020,291. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company's 50 day moving average price is $183.73 and its 200 day moving average price is $178.92. 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 capitalization of $61.82 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company's quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.81 earnings per share. As a group, analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.
Capital One Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.48%. Capital One Financial's dividend payout ratio is currently 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.
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