10,174 Shares in Capital One Financial Co. (NYSE:COF) Bought by SVB Wealth LLC

SVB Wealth LLC bought a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,174 shares of the financial services provider's stock, valued at approximately $1,814,000.

Several other hedge funds have also bought and sold shares of the stock. State Street Corp raised its stake in shares of Capital One Financial by 0.5% in the third quarter. State Street Corp now owns 16,506,861 shares of the financial services provider's stock worth $2,471,572,000 after buying an additional 74,784 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Capital One Financial by 2.8% in the third quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider's stock worth $1,649,488,000 after buying an additional 280,462 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Capital One Financial by 0.7% in the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider's stock worth $1,451,527,000 after purchasing an additional 72,097 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Capital One Financial by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider's stock valued at $1,198,664,000 after purchasing an additional 159,616 shares during the last quarter. Finally, FMR LLC grew its holdings in Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock valued at $994,350,000 after buying an additional 1,169,395 shares in the last quarter. Institutional investors own 89.84% of the company's stock.

Capital One Financial Trading Up 0.6 %

NYSE:COF traded up $1.19 during midday trading on Wednesday, hitting $186.09. The stock had a trading volume of 3,509,358 shares, compared to its average volume of 3,507,958. The stock has a 50-day moving average of $193.69 and a 200 day moving average of $173.97. The company has a market capitalization of $70.96 billion, a price-to-earnings ratio of 16.06, a PEG ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. 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 posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for 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%. The business's revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.81 EPS. As a group, sell-side analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. Capital One Financial's dividend payout ratio is currently 20.71%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on COF. Keefe, Bruyette & Woods upped their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an "outperform" rating in a research report on Monday, December 9th. Royal Bank of Canada upped their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a "sector perform" rating in a research report on Wednesday, January 22nd. Wells Fargo & Company boosted their target price on Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a research report on Friday, January 3rd. The Goldman Sachs Group raised their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a research report on Monday, December 9th. Seven analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $202.27.

About Capital One Financial

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.