Capital One Financial Co. (NYSE:COF) Shares Purchased by Peloton Wealth Strategists

Peloton Wealth Strategists raised its holdings in shares of Capital One Financial Co. (NYSE:COF) by 104.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,625 shares of the financial services provider’s stock after purchasing an additional 5,430 shares during the quarter. Peloton Wealth Strategists’ holdings in Capital One Financial were worth $1,895,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of COF. FMR LLC grew its stake in Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Capital One Financial during the 4th quarter valued at approximately $130,683,000. Wellington Management Group LLP grew its stake in Capital One Financial by 268.7% during the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after purchasing an additional 710,881 shares in the last quarter. Southpoint Capital Advisors LP bought a new position in Capital One Financial during the 3rd quarter worth approximately $104,811,000. Finally, KBC Group NV lifted its holdings in Capital One Financial by 282.2% during the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after buying an additional 460,339 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Royal Bank of Canada increased their target price on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. HSBC raised 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. Finally, JPMorgan Chase & Co. increased their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Seven equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Stock Up 0.1 %

Shares of Capital One Financial stock opened at $197.00 on Friday. The business’s fifty day moving average price is $192.88 and its two-hundred day moving average price is $172.23. 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 company has a market capitalization of $75.12 billion, a P/E ratio of 17.00, a PEG ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67.

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, beating the consensus estimate of $2.78 by $0.31. The firm 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 revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.81 EPS. As a group, research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is 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.