Scotia Capital Inc. Invests $1.34 Million in Capital One Financial Co. (NYSE:COF)

Scotia Capital Inc. bought a new stake in Capital One Financial Co. (NYSE:COF - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 7,512 shares of the financial services provider's stock, valued at approximately $1,340,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bfsg LLC acquired a new position in Capital One Financial during the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial during the fourth quarter worth approximately $29,000. Decker Retirement Planning Inc. bought a new position in Capital One Financial in the 4th quarter worth approximately $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Hsbc Global Res raised Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. Argus upgraded shares of Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. dropped their price target on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. UBS Group upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and raised their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Finally, BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price for the company in a research report on Tuesday, March 25th. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Capital One Financial has a consensus rating of "Moderate Buy" and an average price target of $206.07.

Capital One Financial Trading Up 1.7 %

Shares of Capital One Financial stock traded up $2.71 during trading on Friday, hitting $162.77. The stock had a trading volume of 2,338,807 shares, compared to its average volume of 3,056,738. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The stock has a 50 day simple moving average of $178.17 and a 200 day simple moving average of $179.39. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $62.09 billion, a PE ratio of 14.04, a P/E/G ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results 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 during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the firm posted $2.81 earnings per share. On average, research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial's dividend payout ratio is currently 20.71%.

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.