First Trust Advisors LP lessened its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,659,973 shares of the financial services provider's stock after selling 151,521 shares during the quarter. First Trust Advisors LP owned approximately 0.44% of Capital One Financial worth $296,006,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in COF. Bfsg LLC bought a new stake in shares of Capital One Financial during the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth approximately $29,000. SBI Securities Co. Ltd. acquired a new position in Capital One Financial during the 4th quarter valued at approximately $32,000. Finally, Decker Retirement Planning Inc. bought a new position in Capital One Financial during the 4th quarter worth $32,000. Institutional investors own 89.84% of the company's stock.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on COF shares. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target on the stock in a report on Tuesday, March 25th. Baird R W upgraded shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Wells Fargo & Company boosted their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday. Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. Finally, Royal Bank of Canada set a $190.00 price objective on Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $207.07.
View Our Latest Analysis on COF
Capital One Financial Stock Up 4.6 %
Shares of NYSE COF traded up $8.04 during trading hours on Thursday, hitting $184.50. The stock had a trading volume of 4,093,510 shares, compared to its average volume of 4,565,411. The firm's 50-day moving average price is $176.50 and its two-hundred day moving average price is $179.86. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The company has a market capitalization of $70.38 billion, a P/E ratio of 15.93, 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 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 for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.
Capital One Financial Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders 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 1.30%. Capital One Financial's payout ratio is currently 20.15%.
Capital One Financial Company Profile
(
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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