Franklin Resources Inc. Acquires 331,595 Shares of Capital One Financial Co. (NYSE:COF)

Franklin Resources Inc. raised its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 3.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,718,860 shares of the financial services provider's stock after acquiring an additional 331,595 shares during the quarter. Franklin Resources Inc. owned approximately 2.81% of Capital One Financial worth $1,911,387,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in COF. Principal Financial Group Inc. lifted its stake in shares of Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider's stock worth $64,482,000 after buying an additional 17,825 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted 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 acquiring an additional 2,006 shares in the last quarter. Artemis Investment Management LLP purchased a new position in shares of Capital One Financial in the fourth quarter worth $46,915,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Capital One Financial by 9.6% during 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 in the last quarter. Finally, Fifth Third Bancorp boosted its position in shares of Capital One Financial by 22.9% during the fourth quarter. Fifth Third Bancorp now owns 27,390 shares of the financial services provider's stock valued at $4,884,000 after buying an additional 5,101 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

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Analyst Upgrades and Downgrades

A number of brokerages have recently commented on COF. HSBC upgraded shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price target for the company in a research note on Tuesday, January 14th. Barclays boosted their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. Royal Bank of Canada raised their price target on Capital One Financial from $190.00 to $200.00 and gave the stock a "sector perform" rating in a research note on Wednesday, January 22nd. Bank of America raised Capital One Financial from a "neutral" rating to a "buy" rating and increased their target price for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Finally, Wells Fargo & Company boosted their price target on Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a research note on Friday, January 3rd. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $206.63.

Capital One Financial Trading Down 8.1 %

Capital One Financial stock traded down $13.36 during midday trading on Friday, reaching $150.68. The stock had a trading volume of 5,726,200 shares, compared to its average volume of 2,915,287. The firm has a market cap of $57.48 billion, a price-to-earnings ratio of 12.98, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. The company has a fifty day moving average of $188.98 and a 200 day moving average of $178.42. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts' consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $2.81 EPS. On average, analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company 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. This represents a $2.40 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is presently 20.71%.

Capital One Financial Company 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.