Commerzbank Aktiengesellschaft FI Increases Stock Holdings in Capital One Financial Co. (NYSE:COF)

Commerzbank Aktiengesellschaft FI increased its holdings in Capital One Financial Co. (NYSE:COF) by 55.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,249 shares of the financial services provider’s stock after purchasing an additional 806 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Capital One Financial were worth $401,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in COF. FMR LLC grew its position in shares of Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares during the period. International Assets Investment Management LLC purchased a new stake in Capital One Financial during the fourth quarter valued at about $130,683,000. Wellington Management Group LLP grew its position in Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after acquiring an additional 710,881 shares during the period. Southpoint Capital Advisors LP purchased a new stake in Capital One Financial during the third quarter valued at about $104,811,000. Finally, KBC Group NV grew its position in Capital One Financial by 282.2% during the fourth quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock valued at $111,177,000 after acquiring an additional 460,339 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.6 %

NYSE:COF opened at $186.09 on Thursday. 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 $193.77 and its 200 day simple moving average is $174.05. The stock has a market cap of $70.96 billion, a price-to-earnings ratio of 16.06, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 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 analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the firm posted $2.81 earnings per share. The company’s revenue was up 7.2% compared to the same quarter last year. As a group, sell-side analysts predict 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 declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on COF shares. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Barclays boosted their price target on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods boosted 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. 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 research report on Tuesday, January 14th. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Seven analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $202.27.

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.