MontVue Capital Management Inc. Acquires New Holdings in Capital One Financial Co. (NYSE:COF)

MontVue Capital Management Inc. bought a new position in Capital One Financial Co. (NYSE:COF) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 1,157 shares of the financial services provider’s stock, valued at approximately $206,000.

Several other hedge funds have also modified their holdings of the company. CWM LLC grew its position in Capital One Financial by 10.5% during the 3rd quarter. CWM LLC now owns 8,420 shares of the financial services provider’s stock worth $1,261,000 after purchasing an additional 801 shares during the last quarter. CX Institutional acquired a new stake in shares of Capital One Financial during the third quarter worth $4,091,000. Creative Planning grew its holdings in shares of Capital One Financial by 7.2% during the third quarter. Creative Planning now owns 52,492 shares of the financial services provider’s stock valued at $7,860,000 after buying an additional 3,507 shares during the last quarter. Swedbank AB increased its position in shares of Capital One Financial by 13.4% in the 3rd quarter. Swedbank AB now owns 68,244 shares of the financial services provider’s stock valued at $10,218,000 after acquiring an additional 8,074 shares during the period. Finally, Regatta Capital Group LLC lifted its position in Capital One Financial by 3.4% during the 3rd quarter. Regatta Capital Group LLC now owns 8,336 shares of the financial services provider’s stock worth $1,248,000 after acquiring an additional 274 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Trading Down 1.5 %

Shares of COF stock opened at $196.36 on Thursday. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $208.63. The firm has a market cap of $74.86 billion, a PE ratio of 16.94, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47. The company has a 50-day moving average of $188.77 and a two-hundred day moving average of $167.57. 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 posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share 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 firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter last year, the company posted $2.81 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. On average, analysts predict that Capital One Financial Co. will post 15.41 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. Capital One Financial’s payout ratio is presently 20.71%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on COF shares. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a report on Tuesday, January 14th. Robert W. Baird raised their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Evercore ISI raised their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Finally, Keefe, Bruyette & Woods upped their price target on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Nine research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $196.31.

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.