Fmr LLC Purchases 1,436,935 Shares of Capital One Financial Co. (NYSE:COF)

FMR LLC lifted its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 21.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,077,886 shares of the financial services provider's stock after purchasing an additional 1,436,935 shares during the period. FMR LLC owned 2.12% of Capital One Financial worth $1,440,449,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Norden Group LLC grew its position in shares of Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock worth $358,000 after buying an additional 51 shares during the period. Catalyst Financial Partners LLC increased its stake in Capital One Financial by 3.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock valued at $255,000 after purchasing an additional 54 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Capital One Financial by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock worth $936,000 after purchasing an additional 54 shares during the period. Gladstone Institutional Advisory LLC boosted its position in shares of Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock worth $317,000 after purchasing an additional 56 shares in the last quarter. Finally, TFB Advisors LLC lifted its holdings in Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock worth $265,000 after acquiring an additional 59 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Several research firms have recently weighed in on COF. Argus upgraded shares of Capital One Financial to a "strong-buy" rating in a report 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 for the company in a report on Tuesday, March 25th. Citigroup cut their price target on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, March 24th. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. Finally, Barclays boosted their target price 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. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $206.73.

Capital One Financial Stock Performance

Shares of Capital One Financial stock traded down $1.16 during trading on Friday, hitting $161.00. 5,339,028 shares of the stock were exchanged, compared to its average volume of 3,044,999. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a fifty day moving average price of $182.18 and a 200-day moving average price of $179.12. The stock has a market capitalization of $61.42 billion, a price-to-earnings ratio of 13.89, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67.

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 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarter in the prior year, the company earned $2.81 earnings per share. The business's revenue for the quarter was up 7.2% compared to the same quarter last year. As a group, equities analysts predict that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed 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 of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.49%. Capital One Financial's dividend payout ratio (DPR) is 20.71%.

Capital One Financial 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.