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

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

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. California Public Employees Retirement System increased its stake in shares of Capital One Financial by 6.8% in the fourth quarter. California Public Employees Retirement System now owns 768,965 shares of the financial services provider’s stock worth $137,122,000 after buying an additional 48,894 shares during the last quarter. RWA Wealth Partners LLC bought a new stake in shares of Capital One Financial in the 4th quarter worth about $887,000. Allianz SE acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $205,000. Intrust Bank NA lifted its position in shares of Capital One Financial by 2.6% during the fourth quarter. Intrust Bank NA now owns 8,189 shares of the financial services provider’s stock worth $1,460,000 after purchasing an additional 205 shares during the last quarter. Finally, Allstate Corp acquired a new position in Capital One Financial in the fourth quarter worth about $2,019,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on COF shares. Wells Fargo & Company increased their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. Robert W. Baird raised shares of Capital One Financial from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Finally, Argus raised shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $206.63.

Capital One Financial Stock Up 2.3 %

COF opened at $182.27 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The stock’s 50 day moving average price is $189.78 and its 200 day moving average price is $178.52. The stock has a market cap of $69.53 billion, a P/E ratio of 15.73, a P/E/G ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for 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 company’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.81 earnings per share. As a group, research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued 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 (DPR) is presently 20.71%.

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.