Capital One Financial Co. (NYSE:COF) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its holdings in shares of Capital One Financial Co. (NYSE:COF) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 126,908 shares of the financial services provider’s stock after acquiring an additional 5,680 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Capital One Financial were worth $22,630,000 as of its most recent filing with the SEC.

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

Capital One Financial Price Performance

Capital One Financial stock opened at $172.06 on Monday. The stock has a market capitalization of $65.61 billion, a P/E ratio of 14.85, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm’s 50-day moving average is $192.37 and its two-hundred day moving average is $175.64.

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. 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 previous year, the company earned $2.81 EPS. Capital One Financial’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Analyst Ratings Changes

COF has been the topic of several research reports. Barclays raised their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Evercore ISI upgraded Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price objective for the company in a research note on Wednesday, March 12th. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research report on Tuesday, January 14th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $206.67.

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.