Royal London Asset Management Ltd. Increases Position in Capital One Financial Co. (NYSE:COF)

Royal London Asset Management Ltd. raised its position in Capital One Financial Co. (NYSE:COF) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 160,514 shares of the financial services provider’s stock after purchasing an additional 7,581 shares during the period. Royal London Asset Management Ltd.’s holdings in Capital One Financial were worth $28,623,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Harvest Fund Management Co. Ltd boosted its holdings in shares of Capital One Financial by 102.0% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 7,107 shares of the financial services provider’s stock valued at $1,268,000 after buying an additional 3,588 shares in the last quarter. Vinva Investment Management Ltd boosted its holdings in shares of Capital One Financial by 18.5% in the 4th quarter. Vinva Investment Management Ltd now owns 26,597 shares of the financial services provider’s stock valued at $4,732,000 after buying an additional 4,160 shares in the last quarter. Xponance Inc. boosted its holdings in shares of Capital One Financial by 2.0% in the 4th quarter. Xponance Inc. now owns 63,094 shares of the financial services provider’s stock valued at $11,251,000 after buying an additional 1,224 shares in the last quarter. Intech Investment Management LLC boosted its holdings in shares of Capital One Financial by 274.6% in the 4th quarter. Intech Investment Management LLC now owns 6,215 shares of the financial services provider’s stock valued at $1,108,000 after buying an additional 4,556 shares in the last quarter. Finally, Generali Asset Management SPA SGR acquired a new position in shares of Capital One Financial in the 4th quarter valued at $1,038,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on COF shares. Barclays upped their target price 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. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and upped their target price for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Wells Fargo & Company increased their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Finally, Royal Bank of Canada increased their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $203.87.

Capital One Financial Stock Up 0.2 %

COF stock opened at $174.79 on Friday. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The stock has a market capitalization of $66.65 billion, a PE ratio of 15.08, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The company has a fifty day moving average of $191.50 and a 200-day moving average of $176.09.

Capital One Financial (NYSE:COF) last released its 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. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business earned $2.81 EPS. As a group, analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.