Phoenix Financial Ltd. Acquires Shares of 37,983 Capital One Financial Co. (NYSE:COF)

Phoenix Financial Ltd. purchased a new position in shares of Capital One Financial Co. (NYSE:COF - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 37,983 shares of the financial services provider's stock, valued at approximately $6,773,000.

A number of other institutional investors also recently made changes to their positions in COF. Norges Bank acquired a new position in Capital One Financial in the 4th quarter valued at about $590,279,000. Egerton Capital UK LLP purchased a new stake in shares of Capital One Financial during the fourth quarter worth about $279,159,000. FMR LLC raised its position in shares of 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 buying an additional 1,436,935 shares during the last quarter. Invesco Ltd. grew its stake in Capital One Financial by 38.7% in the 4th quarter. Invesco Ltd. now owns 4,117,444 shares of the financial services provider's stock worth $734,223,000 after acquiring an additional 1,148,443 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in Capital One Financial in the fourth quarter valued at $130,683,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

NYSE COF traded up $1.40 on Monday, hitting $162.37. The stock had a trading volume of 2,984,878 shares, compared to its average volume of 4,452,256. The company's 50-day moving average is $182.18 and its two-hundred day moving average is $179.34. The stock has a market cap of $61.94 billion, a price-to-earnings ratio of 14.01, a P/E/G ratio of 1.19 and a beta of 1.24. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67.

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Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS 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 last year, the firm earned $2.81 EPS. The firm's revenue was up 7.2% compared to the same quarter last year. On average, analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.48%. Capital One Financial's dividend payout ratio (DPR) is 20.71%.

Wall Street Analyst Weigh In

COF has been the topic of several research reports. UBS Group raised Capital One Financial from a "neutral" rating to a "buy" rating and increased their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Wells Fargo & Company lifted their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an "overweight" rating in a research note on Friday, January 3rd. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and increased their target price for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. 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 research note on Friday, March 21st. Finally, Citigroup lowered their price target on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a report on Monday, March 24th. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $206.73.

Capital One Financial 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.