Marshall Wace LLP Increases Stake in Capital One Financial Co. (NYSE:COF)

Marshall Wace LLP boosted its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 376.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,238,883 shares of the financial services provider's stock after purchasing an additional 978,670 shares during the quarter. Marshall Wace LLP owned about 0.32% of Capital One Financial worth $220,918,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of COF. Norden Group LLC grew its holdings in shares of Capital One Financial by 2.6% during the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock worth $358,000 after buying an additional 51 shares during the last quarter. Catalyst Financial Partners LLC grew its stake in shares of Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock valued at $255,000 after purchasing an additional 54 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Capital One Financial by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock valued at $936,000 after purchasing an additional 54 shares during the period. Gladstone Institutional Advisory LLC raised its stake in shares of Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock worth $317,000 after purchasing an additional 56 shares during the last quarter. Finally, TFB Advisors LLC lifted its holdings in shares of Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock worth $265,000 after purchasing an additional 59 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on COF. Truist Financial cut their price target on shares of Capital One Financial from $257.00 to $215.00 and set a "buy" rating for the company in a report on Friday, March 21st. Evercore ISI raised Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target for the company in a report on Wednesday, March 12th. JPMorgan Chase & Co. dropped their price objective on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price for the company in a report on Tuesday, March 25th. Finally, Bank of America upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Capital One Financial currently has a consensus rating of "Moderate Buy" and an average price target of $206.07.

Capital One Financial Price Performance

Shares of COF stock traded up $2.71 during trading hours on Friday, hitting $162.77. The company's stock had a trading volume of 2,338,807 shares, compared to its average volume of 3,056,738. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The stock has a market cap of $62.09 billion, a price-to-earnings ratio of 14.04, a P/E/G ratio of 1.19 and a beta of 1.24. The business has a fifty day moving average of $178.17 and a 200-day moving average of $179.39.

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, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial's revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.81 earnings per share. As a group, equities research analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial's payout ratio is 20.71%.

About Capital One Financial

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.