Capital One Financial Co. (NYSE:COF) Shares Bought by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co grew its holdings in Capital One Financial Co. (NYSE:COF) by 8.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 36,420 shares of the financial services provider’s stock after acquiring an additional 2,706 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Capital One Financial were worth $6,494,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on COF. Wells Fargo & Company upped their target price on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Royal Bank of Canada raised their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. Citigroup lowered their price target on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a report on Monday. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Finally, UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $206.63.

Capital One Financial Stock Down 0.8 %

COF stock opened at $178.38 on Friday. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a 50-day simple moving average of $191.05 and a 200-day simple moving average of $177.15. The stock has a market capitalization of $68.02 billion, a P/E ratio of 15.39, a P/E/G ratio of 1.19 and a beta of 1.47.

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

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.35%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Capital One Financial 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.