Principal Securities Inc. grew its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 23.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,943 shares of the financial services provider's stock after acquiring an additional 2,483 shares during the period. Principal Securities Inc.'s holdings in Capital One Financial were worth $2,308,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of COF. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $32,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at about $36,000. Creative Financial Designs Inc. ADV grew its stake 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 valued at $43,000 after buying an additional 166 shares during the period. Eastern Bank acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at about $44,000. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at about $47,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.
Capital One Financial Stock Performance
Shares of COF traded down $4.99 on Friday, reaching $200.38. 3,960,178 shares of the company's stock traded hands, compared to its average volume of 3,417,093. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market cap of $76.39 billion, a PE ratio of 17.29, a PEG ratio of 1.21 and a beta of 1.47. The stock's 50 day simple moving average is $191.46 and its two-hundred day simple moving average is $170.48. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67.
Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts' consensus estimates 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% on a year-over-year basis. During the same period last year, the business posted $2.81 earnings per share. On average, 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 firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Tuesday, February 18th. Capital One Financial's payout ratio is 20.71%.
Wall Street Analyst Weigh In
COF has been the subject of several research reports. Keefe, Bruyette & Woods raised their target price on Capital One Financial from $185.00 to $232.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. Argus upgraded Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. raised their target price 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. The Goldman Sachs Group raised their target price on Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Finally, Barclays boosted their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a report on Wednesday, January 22nd. Eight research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $198.50.
Read Our Latest Report 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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