Jump Financial LLC lessened its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 96.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,798 shares of the financial services provider's stock after selling 56,024 shares during the quarter. Jump Financial LLC's holdings in Capital One Financial were worth $321,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of COF. Norges Bank purchased a new position in Capital One Financial in the 4th quarter worth approximately $590,279,000. Egerton Capital UK LLP purchased a new position in Capital One Financial in the fourth quarter worth $279,159,000. FMR LLC increased its stake in Capital One Financial by 21.6% in the fourth quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after acquiring an additional 1,436,935 shares during the last quarter. Invesco Ltd. raised its position in Capital One Financial by 38.7% during the fourth quarter. Invesco Ltd. now owns 4,117,444 shares of the financial services provider's stock valued at $734,223,000 after purchasing an additional 1,148,443 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in Capital One Financial during the fourth quarter worth about $130,683,000. Hedge funds and other institutional investors own 89.84% of the company's stock.
Capital One Financial Price Performance
Shares of COF stock opened at $182.83 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market cap of $69.75 billion, a P/E ratio of 15.77, a P/E/G ratio of 1.19 and a beta of 1.24. The business's 50 day moving average price is $175.76 and its 200-day moving average price is $180.52. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67.
Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. On average, equities research analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.
Capital One Financial Dividend Announcement
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 $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.31%. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on COF shares. Truist Financial raised their price objective on Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a report on Friday. Bank of America upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research note on Tuesday, March 25th. Argus upgraded shares of Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. cut their price target on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Four research 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 company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $207.73.
View Our Latest Analysis on COF
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.
Further Reading
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