Capital One Financial Co. (NYSE:COF) Shares Bought by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co boosted its stake in shares of Capital One Financial Co. (NYSE:COF) by 8.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,420 shares of the financial services provider’s stock after buying an additional 2,706 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Capital One Financial were worth $6,494,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in COF. Norden Group LLC lifted its stake in Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock worth $358,000 after acquiring an additional 51 shares in the last quarter. Catalyst Financial Partners LLC lifted its position in shares of Capital One Financial by 3.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after purchasing an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its stake in shares of Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after purchasing an additional 56 shares during the period. TFB Advisors LLC grew its holdings in shares of Capital One Financial by 4.1% in the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 59 shares in the last quarter. Finally, Money Concepts Capital Corp lifted its holdings in Capital One Financial by 4.1% during the 4th quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after buying an additional 61 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

COF has been the subject of several research reports. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a research note on Tuesday, January 14th. JPMorgan Chase & Co. upped their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Finally, UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $206.63.

Capital One Financial Stock Down 0.8 %

COF opened at $178.38 on Friday. The stock has a market capitalization of $68.02 billion, a P/E ratio of 15.39, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The business’s 50-day simple moving average is $191.05 and its 200-day simple moving average is $177.15.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.81 earnings per share. Analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.35%. Capital One Financial’s dividend payout ratio is presently 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.