Mitsubishi UFJ Asset Management Co. Ltd. Grows Stock Holdings in Capital One Financial Co. (NYSE:COF)

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Capital One Financial Co. (NYSE:COF) by 8.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 608,295 shares of the financial services provider’s stock after buying an additional 48,248 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.16% of Capital One Financial worth $109,755,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of COF. Norden Group LLC boosted its stake in shares of Capital One Financial by 2.6% in the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock worth $358,000 after acquiring an additional 51 shares during the period. Catalyst Financial Partners LLC grew its holdings in Capital One Financial by 3.9% during the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after buying an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC grew its holdings in Capital One Financial by 3.3% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after buying an additional 56 shares in the last quarter. TFB Advisors LLC raised its position in shares of Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after buying an additional 59 shares during the last quarter. Finally, Money Concepts Capital Corp boosted its position in shares of Capital One Financial by 4.1% during the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after acquiring an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 0.8 %

COF opened at $178.38 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock’s 50 day moving average price is $191.05 and its 200-day moving average price is $177.15. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The stock has a market cap of $68.02 billion, a price-to-earnings 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 quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the company posted $2.81 EPS. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. On average, equities analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is presently 20.71%.

Analysts Set New Price Targets

A number of brokerages have issued reports on COF. Royal Bank of Canada lifted their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. BTIG Research upgraded Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target for the company in a report on Tuesday. Bank of America raised 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 report on Wednesday, February 19th. Finally, Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. 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 company’s stock. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $206.63.

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.