RD Lewis Holdings Inc. Invests $252,000 in Capital One Financial Co. (NYSE:COF)

RD Lewis Holdings Inc. purchased a new position in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,414 shares of the financial services provider’s stock, valued at approximately $252,000.

Several other hedge funds have also recently modified their holdings of COF. Principal Financial Group Inc. increased its position in shares of Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock valued at $64,482,000 after buying an additional 17,825 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Capital One Financial by 4.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock worth $8,234,000 after purchasing an additional 2,006 shares in the last quarter. Dai ichi Life Insurance Company Ltd increased its position in Capital One Financial by 36.8% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after purchasing an additional 3,000 shares in the last quarter. Artemis Investment Management LLP purchased a new stake in Capital One Financial in the 4th quarter valued at about $46,915,000. Finally, Fisher Asset Management LLC grew its holdings in Capital One Financial by 0.7% in the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after buying an additional 72,097 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Price Performance

Shares of NYSE COF opened at $165.06 on Tuesday. The firm has a market cap of $62.94 billion, a P/E ratio of 14.24, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The business’s 50 day moving average is $192.01 and its 200-day moving average is $175.78.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.81 earnings per share. Equities research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business 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. This represents a $2.40 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

COF has been the topic of several recent research reports. Argus raised Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Wells Fargo & Company boosted their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. 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 note on Wednesday, January 22nd. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and a consensus price target 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.