iA Global Asset Management Inc. acquired a new position in Capital One Financial Co. (NYSE:COF - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,563 shares of the financial services provider's stock, valued at approximately $814,000.
Several other institutional investors have also recently added to or reduced their stakes in the business. 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 position in Capital One Financial during the 4th quarter valued at approximately $27,000. TruNorth Capital Management LLC acquired a new position in Capital One Financial during the 4th quarter valued at approximately $29,000. SBI Securities Co. Ltd. bought a new position in Capital One Financial during the 4th quarter worth $32,000. Finally, Decker Retirement Planning Inc. acquired a new stake in Capital One Financial in the fourth quarter worth $32,000. Institutional investors own 89.84% of the company's stock.
Capital One Financial Price Performance
COF stock traded up $1.50 on Tuesday, hitting $182.36. 1,940,548 shares of the company's stock traded hands, compared to its average volume of 2,732,133. 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 stock has a market cap of $69.54 billion, a price-to-earnings ratio of 15.74, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The stock has a fifty day moving average of $191.52 and a 200-day moving average of $176.81.
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 for the quarter, topping the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to analyst estimates 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 revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company posted $2.81 EPS. On average, analysts forecast 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 issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.32%. Capital One Financial's payout ratio is presently 20.71%.
Analysts Set New Price Targets
A number of analysts recently weighed in on COF shares. Barclays increased their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a report on Wednesday, January 22nd. Bank of America raised Capital One Financial from a "neutral" rating to a "buy" rating and lifted their price target for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Truist Financial decreased their price objective on Capital One Financial from $257.00 to $215.00 and set a "buy" rating for the company in a report on Friday. JPMorgan Chase & Co. lifted their target price on Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a research note on Monday, December 9th. Finally, Argus raised Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Capital One Financial has an average rating of "Moderate Buy" and an average target price of $206.63.
Read Our Latest Report on Capital One Financial
Capital One Financial 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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