Rhumbline Advisers decreased its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 748,822 shares of the financial services provider's stock after selling 22,394 shares during the quarter. Rhumbline Advisers owned approximately 0.20% of Capital One Financial worth $133,530,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. FMR LLC raised its holdings in shares of Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock valued at $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. International Assets Investment Management LLC bought a new position in Capital One Financial in the fourth quarter worth approximately $130,683,000. Wellington Management Group LLP lifted its holdings in Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider's stock worth $146,052,000 after buying an additional 710,881 shares during the period. Southpoint Capital Advisors LP bought a new stake in Capital One Financial during the 3rd quarter valued at $104,811,000. Finally, KBC Group NV increased its holdings in shares of Capital One Financial by 282.2% in the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider's stock valued at $111,177,000 after acquiring an additional 460,339 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.
Capital One Financial Stock Performance
Shares of COF traded up $7.18 during mid-day trading on Wednesday, reaching $209.98. The company had a trading volume of 4,654,735 shares, compared to its average volume of 3,382,293. The stock has a market capitalization of $80.05 billion, a P/E ratio of 18.12, a PEG ratio of 1.17 and a beta of 1.47. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.10. The stock has a 50 day moving average of $190.24 and a two-hundred day moving average of $169.47. 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 (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion for 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 business's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.81 EPS. 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 firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.14%. Capital One Financial's dividend payout ratio (DPR) is presently 20.71%.
Analyst Ratings Changes
COF has been the topic of several analyst reports. Evercore ISI lifted their target price on Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Argus upgraded shares of Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. UBS Group upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and raised their target price for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Hsbc Global Res raised Capital One Financial from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, January 14th. Finally, Robert W. Baird raised their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. 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 data from MarketBeat, Capital One Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of $198.50.
Check Out 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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