Capital One Financial Co. (NYSE:COF) Shares Acquired by Parallel Advisors LLC

Parallel Advisors LLC increased its holdings in Capital One Financial Co. (NYSE:COF) by 5.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,037 shares of the financial services provider’s stock after buying an additional 392 shares during the period. Parallel Advisors LLC’s holdings in Capital One Financial were worth $1,255,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of COF. OneDigital Investment Advisors LLC boosted its holdings in shares of Capital One Financial by 7.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,068 shares of the financial services provider’s stock valued at $459,000 after buying an additional 217 shares during the period. Empowered Funds LLC boosted its holdings in shares of Capital One Financial by 5.5% in the 3rd quarter. Empowered Funds LLC now owns 9,197 shares of the financial services provider’s stock valued at $1,377,000 after buying an additional 477 shares during the period. Natixis Advisors LLC boosted its holdings in shares of Capital One Financial by 7.5% in the 3rd quarter. Natixis Advisors LLC now owns 156,592 shares of the financial services provider’s stock valued at $23,447,000 after buying an additional 10,919 shares during the period. Quest Partners LLC boosted its holdings in shares of Capital One Financial by 90.1% in the 3rd quarter. Quest Partners LLC now owns 15,079 shares of the financial services provider’s stock valued at $2,258,000 after buying an additional 7,145 shares during the period. Finally, GLOBALT Investments LLC GA boosted its holdings in shares of Capital One Financial by 1.9% in the 3rd quarter. GLOBALT Investments LLC GA now owns 6,064 shares of the financial services provider’s stock valued at $908,000 after buying an additional 114 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Up 2.2 %

NYSE COF opened at $168.89 on Wednesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company’s 50 day simple moving average is $191.75 and its 200 day simple moving average is $175.93. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a market capitalization of $64.40 billion, a P/E ratio of 14.57, a PEG ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its 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 business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the previous year, the firm earned $2.81 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors 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 dividend on an annualized basis and a dividend yield of 1.42%. Capital One Financial’s payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

COF has been the subject of a number of analyst reports. Evercore ISI raised shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price for the company in a research note on Wednesday, March 12th. Barclays boosted their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Royal Bank of Canada boosted their target price on shares of 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. Finally, HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price for the company in a research note on Tuesday, January 14th. Five 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $206.67.

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.