Meeder Advisory Services Inc. Grows Position in Capital One Financial Co. (NYSE:COF)

Meeder Advisory Services Inc. boosted its stake in shares of Capital One Financial Co. (NYSE:COF) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,617 shares of the financial services provider’s stock after purchasing an additional 333 shares during the period. Meeder Advisory Services Inc.’s holdings in Capital One Financial were worth $2,250,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Norden Group LLC raised its holdings in Capital One Financial by 2.6% in the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after buying an additional 51 shares during the period. Catalyst Financial Partners LLC raised its stake in shares of Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after acquiring an additional 54 shares during the period. Gladstone Institutional Advisory LLC raised its stake in shares of Capital One Financial by 3.3% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after acquiring an additional 56 shares during the period. TFB Advisors LLC lifted its holdings in shares of Capital One Financial by 4.1% during the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after acquiring an additional 59 shares in the last quarter. Finally, Family Legacy Inc. boosted its position in Capital One Financial by 0.8% during the 4th quarter. Family Legacy Inc. now owns 7,980 shares of the financial services provider’s stock worth $1,438,000 after purchasing an additional 60 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. 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 shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Citigroup decreased their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Finally, BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target on the stock in a research note on Tuesday, March 25th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $206.63.

Capital One Financial Stock Up 2.3 %

COF stock opened at $182.27 on Thursday. The firm has a market cap of $69.53 billion, a price-to-earnings ratio of 15.73, a PEG ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The firm has a fifty day moving average price of $189.78 and a two-hundred day moving average price of $178.52. 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 announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) 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 business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter last year, the business posted $2.81 EPS. The business’s revenue was up 7.2% on a year-over-year basis. Research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.32%. 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.