Roman Butler Fullerton & Co. increased its stake in shares of Capital One Financial Co. (NYSE:COF – Free Report) by 3.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,852 shares of the financial services provider’s stock after acquiring an additional 62 shares during the period. Roman Butler Fullerton & Co.’s holdings in Capital One Financial were worth $330,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. State Street Corp raised its holdings in Capital One Financial by 0.5% during 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 acquiring an additional 74,784 shares in the last quarter. Franklin Resources Inc. raised its stake in 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 valued at $1,649,488,000 after buying an additional 280,462 shares during the period. Fisher Asset Management LLC raised its stake in Capital One Financial by 0.7% in the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after buying an additional 72,097 shares during the period. Geode Capital Management LLC raised its stake in Capital One Financial by 2.0% in the third 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 buying an additional 159,616 shares during the period. Finally, FMR LLC raised its stake in Capital One Financial by 21.4% in the third 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 during the period. Institutional investors own 89.84% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have issued reports on COF. Wells Fargo & Company upped their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. 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 note on Wednesday, January 22nd. JPMorgan Chase & Co. upped their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. Nine equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $196.31.
Capital One Financial Stock Up 2.5 %
NYSE COF opened at $202.25 on Friday. The business has a fifty day moving average price of $189.51 and a two-hundred day moving average price of $168.35. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $208.63. The stock has a market capitalization of $77.10 billion, a PE ratio of 17.45, a PEG ratio of 1.26 and a beta of 1.47.
Capital One Financial (NYSE:COF – Get Free Report) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the prior year, the company earned $2.81 earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Equities analysts expect that Capital One Financial Co. will post 15.41 earnings per share for the current fiscal year.
Capital One Financial Dividend Announcement
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. This represents a $2.40 annualized dividend and a yield of 1.19%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s payout ratio is presently 20.71%.
Capital One Financial 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.
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