AIA Group Ltd Has $1.84 Million Stock Position in Capital One Financial Co. (NYSE:COF)

AIA Group Ltd boosted its stake in Capital One Financial Co. (NYSE:COF) by 73.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,334 shares of the financial services provider’s stock after purchasing an additional 4,381 shares during the quarter. AIA Group Ltd’s holdings in Capital One Financial were worth $1,843,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of COF. Bfsg LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Capital One Financial in the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC acquired a new position in Capital One Financial during the fourth quarter valued at approximately $29,000. Decker Retirement Planning Inc. bought a new stake in Capital One Financial during the fourth quarter worth $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Capital One Financial in the 4th quarter valued at $32,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on COF. Barclays upped their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target on the stock in a report on Tuesday, March 25th. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Keefe, Bruyette & Woods boosted 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 Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a report on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $206.63.

Capital One Financial Stock Performance

NYSE:COF opened at $179.59 on Tuesday. The company has a market capitalization of $68.48 billion, a PE ratio of 15.50, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. 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 50 day simple moving average of $190.47 and a two-hundred day simple moving average of $178.22.

Capital One Financial (NYSE:COF) last announced its 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. The business had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.81 earnings per share. Research analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.34%. Capital One Financial’s payout ratio is 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.