Egerton Capital UK LLP Invests $279.16 Million in Capital One Financial Co. (NYSE:COF)

Egerton Capital UK LLP purchased a new stake in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,565,495 shares of the financial services provider's stock, valued at approximately $279,159,000. Capital One Financial accounts for about 3.2% of Egerton Capital UK LLP's portfolio, making the stock its 15th biggest position. Egerton Capital UK LLP owned about 0.41% of Capital One Financial at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Bfsg LLC acquired 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 Capital One Financial during the fourth quarter worth about $27,000. TruNorth Capital Management LLC purchased a new position in Capital One Financial in the fourth quarter valued at about $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $32,000. Finally, Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $32,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Up 1.0 %

Capital One Financial stock opened at $165.49 on Wednesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market capitalization of $63.11 billion, a price-to-earnings ratio of 14.28, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The stock's fifty day moving average is $192.95 and its two-hundred day moving average is $175.08.

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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, topping analysts' consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $2.81 EPS. Analysts predict that Capital One Financial Co. will post 15.65 EPS 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. Investors of record on Tuesday, February 18th were given a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.45%. Capital One Financial's dividend payout ratio is currently 20.71%.

Analysts Set New Price Targets

A number of equities analysts have commented on COF shares. Keefe, Bruyette & Woods boosted their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a research note on Monday, December 9th. Truist Financial lifted their target price on shares of Capital One Financial from $229.00 to $257.00 and gave the stock a "buy" rating in a report on Monday, January 27th. Wells Fargo & Company lifted their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an "overweight" rating in a research note on Friday, January 3rd. Bank of America upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and upped their price target for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Finally, Argus raised shares of Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. Five research 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. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $206.67.

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.

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