Meeder Advisory Services Inc. Increases Stock Holdings in Capital One Financial Co. (NYSE:COF)

Meeder Advisory Services Inc. grew its stake in shares of Capital One Financial Co. (NYSE:COF) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,617 shares of the financial services provider’s stock after purchasing an additional 333 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Capital One Financial were worth $2,250,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Discovery Capital Management LLC CT purchased a new position in Capital One Financial during the 4th quarter worth approximately $20,739,000. Geode Capital Management LLC grew its position in shares of Capital One Financial by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider’s stock worth $1,467,393,000 after acquiring an additional 207,427 shares during the last quarter. HighPoint Advisor Group LLC increased its holdings in shares of Capital One Financial by 2.2% in the 4th quarter. HighPoint Advisor Group LLC now owns 8,864 shares of the financial services provider’s stock valued at $1,581,000 after acquiring an additional 193 shares during the period. Franklin Resources Inc. raised its position in Capital One Financial by 3.2% in the 4th quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider’s stock valued at $1,911,387,000 after purchasing an additional 331,595 shares during the last quarter. Finally, Family Legacy Inc. boosted its stake in Capital One Financial by 0.8% during the 4th quarter. Family Legacy Inc. now owns 7,980 shares of the financial services provider’s stock worth $1,438,000 after purchasing an additional 60 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on COF. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Royal Bank of Canada boosted their target price on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price objective on the stock in a research report on Wednesday, March 12th. Finally, Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Four equities research 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 company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $206.63.

Capital One Financial Price Performance

COF stock opened at $182.27 on Thursday. The stock’s 50 day moving average price is $189.78 and its 200 day moving average price is $178.52. The firm has a market cap of $69.53 billion, a P/E ratio of 15.73, a PEG ratio of 1.19 and a beta of 1.24. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. 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 released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.81 EPS. On average, sell-side analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal 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 issued a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.32%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Capital One Financial Company 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.