748 Shares in Capital One Financial Co. (NYSE:COF) Acquired by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Capital One Financial Co. (NYSE:COF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 748 shares of the financial services provider’s stock, valued at approximately $147,000.

A number of other institutional investors have also recently bought and sold shares of COF. Assetmark Inc. lifted its stake in Capital One Financial by 21.6% in the third quarter. Assetmark Inc. now owns 41,616 shares of the financial services provider’s stock valued at $6,231,000 after buying an additional 7,403 shares in the last quarter. Atria Investments Inc lifted its position in shares of Capital One Financial by 9.2% in the third quarter. Atria Investments Inc now owns 41,045 shares of the financial services provider’s stock worth $6,146,000 after purchasing an additional 3,447 shares in the last quarter. Sigma Planning Corp lifted its position in shares of Capital One Financial by 20.0% in the third quarter. Sigma Planning Corp now owns 2,170 shares of the financial services provider’s stock worth $325,000 after purchasing an additional 362 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in shares of Capital One Financial by 6.1% in the third quarter. Axxcess Wealth Management LLC now owns 5,358 shares of the financial services provider’s stock worth $802,000 after purchasing an additional 310 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Capital One Financial in the third quarter worth $53,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the topic of a number of research reports. Royal Bank of Canada boosted their price objective on shares of 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. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Truist Financial boosted their price objective on shares of Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Six investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $205.60.

Capital One Financial Price Performance

NYSE:COF opened at $165.49 on Wednesday. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a market cap of $63.11 billion, a P/E ratio of 14.28, a P/E/G ratio of 1.19 and a beta of 1.47. The firm’s fifty day moving average price is $192.95 and its two-hundred day moving average price is $175.08. 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 (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion for 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%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.81 earnings per share. Equities analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.45%. Capital One Financial’s payout ratio is presently 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.