Harvest Fund Management Co. Ltd Has $1.27 Million Holdings in Capital One Financial Co. (NYSE:COF)

Harvest Fund Management Co. Ltd grew its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 102.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 7,107 shares of the financial services provider's stock after buying an additional 3,588 shares during the period. Harvest Fund Management Co. Ltd's holdings in Capital One Financial were worth $1,268,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Bfsg LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Capital One Financial in the fourth quarter worth $27,000. TruNorth Capital Management LLC acquired a new stake in Capital One Financial during the fourth quarter worth $29,000. Decker Retirement Planning Inc. bought a new stake in Capital One Financial in the 4th quarter valued at $32,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Capital One Financial in the 4th quarter valued at $32,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on COF shares. Barclays lifted 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 report on Wednesday, January 22nd. Truist Financial decreased their price objective on Capital One Financial from $257.00 to $215.00 and set a "buy" rating on the stock in a report on Friday. Keefe, Bruyette & Woods raised their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, January 14th. Finally, Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and lifted their price objective for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Five investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $206.53.

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Capital One Financial Trading Up 3.7 %

NYSE:COF traded up $6.47 during trading hours on Monday, hitting $181.29. 3,801,310 shares of the stock were exchanged, compared to its average volume of 2,732,456. The company's 50 day moving average is $191.50 and its two-hundred day moving average is $176.54. The company has a market capitalization of $69.13 billion, a P/E ratio of 15.64, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month 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 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the company earned $2.81 earnings per share. The company's revenue was up 7.2% on a year-over-year basis. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend was Tuesday, February 18th. 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.