Treasurer of the State of North Carolina Raises Position in Capital One Financial Co. (NYSE:COF)

Treasurer of the State of North Carolina lifted its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 229,443 shares of the financial services provider's stock after purchasing an additional 3,355 shares during the period. Treasurer of the State of North Carolina owned 0.06% of Capital One Financial worth $40,914,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. EP Wealth Advisors LLC bought a new position in shares of Capital One Financial in the 3rd quarter valued at about $391,000. Orion Portfolio Solutions LLC grew its holdings in Capital One Financial by 4.3% during the third quarter. Orion Portfolio Solutions LLC now owns 15,584 shares of the financial services provider's stock worth $2,333,000 after purchasing an additional 644 shares during the period. MML Investors Services LLC increased its position in Capital One Financial by 2.1% during the third quarter. MML Investors Services LLC now owns 32,628 shares of the financial services provider's stock worth $4,885,000 after buying an additional 659 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in shares of Capital One Financial by 6.0% in the third quarter. Nomura Asset Management Co. Ltd. now owns 119,053 shares of the financial services provider's stock valued at $17,826,000 after buying an additional 6,690 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of Capital One Financial by 2.9% in the third quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider's stock valued at $156,058,000 after buying an additional 29,416 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

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Analyst Ratings Changes

Several equities analysts have recently weighed in on COF shares. Barclays increased their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. UBS Group raised Capital One Financial from a "neutral" rating to a "buy" rating and upped their target price for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and boosted their price target for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Royal Bank of Canada increased their price objective on Capital One Financial from $190.00 to $200.00 and gave the stock a "sector perform" rating in a research report on Wednesday, January 22nd. Finally, Wells Fargo & Company upped their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a research note on Friday, January 3rd. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $206.73.

Capital One Financial Stock Up 1.5 %

Capital One Financial stock traded up $2.44 during midday trading on Tuesday, reaching $164.96. The stock had a trading volume of 937,748 shares, compared to its average volume of 3,039,318. The company has a fifty day moving average price of $181.35 and a two-hundred day moving average price of $179.44. The company has a market capitalization of $62.93 billion, a P/E ratio of 14.23, a PEG ratio of 1.19 and a beta of 1.24. The company has a current ratio of 0.98, a quick 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.

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, beating the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. 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 EPS. As a group, equities analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal 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 given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial's payout ratio is 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.