2,133 Shares in Capital One Financial Co. (NYSE:COF) Acquired by MMA Asset Management LLC

MMA Asset Management LLC acquired a new position in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,133 shares of the financial services provider’s stock, valued at approximately $380,000.

Several other institutional investors have also recently modified their holdings of COF. FMR LLC raised its position in shares of Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after purchasing an additional 1,169,395 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth approximately $130,683,000. Wellington Management Group LLP raised its position in shares of Capital One Financial by 268.7% during the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after purchasing an additional 710,881 shares during the last quarter. Southpoint Capital Advisors LP purchased a new stake in Capital One Financial in the 3rd quarter worth approximately $104,811,000. Finally, KBC Group NV grew its stake in Capital One Financial by 282.2% in the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after acquiring an additional 460,339 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Up 1.8 %

Shares of Capital One Financial stock opened at $200.57 on Friday. The company has a fifty day moving average price of $193.32 and a 200 day moving average price of $172.97. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The stock has a market cap of $76.48 billion, a price-to-earnings ratio of 17.31, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

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 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 period in the prior year, the company earned $2.81 EPS. The firm’s revenue was up 7.2% on a year-over-year basis. Equities research analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.60 per share. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.20%. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Analysts Set New Price Targets

Several research firms have commented on COF. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $207.00 to $235.00 in a research note 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 note on Tuesday, January 14th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. 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. Seven equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and an average target price of $202.27.

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.