Kentucky Retirement Systems Insurance Trust Fund raised its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 80.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,417 shares of the financial services provider's stock after acquiring an additional 9,111 shares during the quarter. Kentucky Retirement Systems Insurance Trust Fund's holdings in Capital One Financial were worth $3,641,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Bfsg LLC bought a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $27,000. Decker Retirement Planning Inc. purchased a new position in Capital One Financial during the fourth quarter valued at $32,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial during the 3rd quarter valued at $36,000. Creative Financial Designs Inc. ADV grew its position in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock worth $43,000 after buying an additional 166 shares during the period. Finally, Eastern Bank purchased a new stake in shares of Capital One Financial in the 3rd quarter worth about $44,000. 89.84% of the stock is owned by institutional investors.
Capital One Financial Stock Performance
Shares of COF traded down $4.99 during mid-day trading on Friday, hitting $200.38. 3,960,178 shares of the company traded hands, compared to its average volume of 3,417,093. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. 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 stock has a 50-day moving average price of $191.46 and a two-hundred day moving average price of $170.48. The stock has a market cap of $76.39 billion, a price-to-earnings ratio of 17.29, a P/E/G ratio of 1.21 and a beta of 1.47.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share 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 analysts' expectations of $10.22 billion. During the same period in the prior year, the firm earned $2.81 EPS. The company's revenue was up 7.2% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.
Capital One Financial Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.20%. Capital One Financial's dividend payout ratio is currently 20.71%.
Analyst Upgrades and Downgrades
COF has been the topic of several research reports. HSBC raised shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price objective on the stock in a research note on Tuesday, January 14th. Argus raised Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. Barclays raised their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. lifted their price objective 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, Royal Bank of Canada increased their target price 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. Eight research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $198.50.
Get Our Latest Stock Analysis on COF
About Capital One Financial
(
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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