Capital One Financial Co. (NYSE:COF) Shares Purchased by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC raised its holdings in Capital One Financial Co. (NYSE:COF) by 1.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,108 shares of the financial services provider’s stock after acquiring an additional 174 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Capital One Financial were worth $3,082,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Bfsg LLC bought a new stake in Capital One Financial during the fourth quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial during the 4th quarter valued at $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial in the 4th quarter worth $29,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter worth $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Capital One Financial during the fourth quarter valued at $32,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of COF opened at $182.27 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 twelve month low of $128.23 and a twelve month high of $210.67. The firm’s 50 day moving average price is $189.78 and its 200 day moving average price is $178.52. The firm has a market cap of $69.53 billion, a PE ratio of 15.73, a PEG ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share 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 firm had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same period in the previous year, the company earned $2.81 EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.32%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on COF. BTIG Research raised 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. Barclays boosted their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Evercore ISI raised shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a research note on Wednesday, March 12th. Finally, JPMorgan Chase & Co. raised their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $206.63.

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.