Vanguard Group Inc. Acquires 234,863 Shares of Capital One Financial Co. (NYSE:COF)

Vanguard Group Inc. grew its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,744,818 shares of the financial services provider's stock after buying an additional 234,863 shares during the quarter. Vanguard Group Inc. owned 8.33% of Capital One Financial worth $5,660,736,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analysts Set New Price Targets

A number of research firms have recently weighed in on COF. Argus raised shares of Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. Baird R W raised Capital One Financial from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 11th. Keefe, Bruyette & Woods boosted their target price on Capital One Financial from $185.00 to $232.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. JPMorgan Chase & Co. increased their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a "neutral" rating in a research note on Monday, December 9th. Finally, Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective on the stock in a research note on Wednesday, March 12th. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $206.63.

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Capital One Financial Price Performance

Shares of COF traded down $2.09 during trading hours on Thursday, reaching $177.74. 792,403 shares of the company's stock traded hands, compared to its average volume of 2,734,448. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm's 50 day simple moving average is $191.26 and its 200-day simple moving average is $177.14. The stock has a market cap of $67.78 billion, a PE ratio of 15.34, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. 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 issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts' consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the prior year, the firm earned $2.81 EPS. The business's revenue for the quarter was up 7.2% compared to the same quarter last year. Equities 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 declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is currently 20.71%.

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.