Capital One Financial Co. (NYSE:COF) Shares Purchased by MetLife Investment Management LLC

MetLife Investment Management LLC boosted its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 100,924 shares of the financial services provider's stock after purchasing an additional 1,690 shares during the quarter. MetLife Investment Management LLC's holdings in Capital One Financial were worth $17,997,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its holdings in shares of Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider's stock valued at $64,482,000 after acquiring an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Capital One Financial by 4.5% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider's stock valued at $8,234,000 after purchasing an additional 2,006 shares during the period. Geode Capital Management LLC raised its holdings in shares of Capital One Financial by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock valued at $1,467,393,000 after buying an additional 207,427 shares during the last quarter. Artemis Investment Management LLP acquired a new stake in shares of Capital One Financial during the fourth quarter worth about $46,915,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Capital One Financial by 9.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 250,696 shares of the financial services provider's stock worth $44,704,000 after buying an additional 22,063 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on COF shares. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research report on Tuesday, March 25th. Truist Financial decreased their price target on Capital One Financial from $257.00 to $215.00 and set a "buy" rating for the company in a report on Friday, March 21st. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Argus raised shares of Capital One Financial to a "strong-buy" rating in a report on Thursday, January 23rd. Finally, Bank of America raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and increased their price target for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $206.07.

Capital One Financial Price Performance

Capital One Financial stock traded up $6.31 during mid-day trading on Wednesday, hitting $176.51. 7,664,896 shares of the company were exchanged, compared to its average volume of 3,131,785. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The company has a market capitalization of $67.33 billion, a P/E ratio of 15.23, a PEG ratio of 1.19 and a beta of 1.24. The business's 50 day simple moving average is $176.50 and its two-hundred day simple moving average is $179.86. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.36%. Capital One Financial's payout ratio is currently 20.15%.

Capital One Financial Company 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.