Renaissance Technologies LLC lifted its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 22.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 308,899 shares of the financial services provider's stock after acquiring an additional 57,005 shares during the period. Renaissance Technologies LLC owned approximately 0.08% of Capital One Financial worth $55,083,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Bfsg LLC bought a new position in shares of Capital One Financial during the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC bought a new position in shares of Capital One Financial in the fourth quarter valued at approximately $29,000. Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. bought a new stake in Capital One Financial during the fourth quarter worth $32,000. Institutional investors and hedge funds own 89.84% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reduced their target price on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Citigroup lowered their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Monday, March 24th. HSBC upgraded Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price target for the company in a research note on Tuesday, January 14th. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and upped their price objective for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Finally, Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a research note on Wednesday, March 12th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $206.73.
Get Our Latest Research Report on Capital One Financial
Capital One Financial Price Performance
COF stock traded up $1.95 during midday trading on Monday, hitting $162.92. The company's stock had a trading volume of 1,861,320 shares, compared to its average volume of 3,046,806. The firm has a market capitalization of $62.15 billion, a price-to-earnings ratio of 14.06, a price-to-earnings-growth 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 12 month low of $128.23 and a 12 month high of $210.67. The company has a 50 day moving average of $182.18 and a two-hundred day moving average of $179.34.
Capital One Financial (NYSE:COF - Get Free Report) last announced 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 analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm's revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the company earned $2.81 earnings per share. On average, analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.
Capital One Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.47%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's payout ratio is currently 20.71%.
Capital One Financial Company Profile
(
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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