NEOS Investment Management LLC Has $3.79 Million Stock Position in Capital One Financial Co. (NYSE:COF)

NEOS Investment Management LLC boosted its holdings in Capital One Financial Co. (NYSE:COF) by 30.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 21,265 shares of the financial services provider’s stock after purchasing an additional 4,974 shares during the quarter. NEOS Investment Management LLC’s holdings in Capital One Financial were worth $3,792,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bfsg LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Capital One Financial in the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $29,000. Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Capital One Financial during the fourth quarter worth approximately $32,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on COF. JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Wednesday, March 12th. Citigroup cut their price target on Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday. Royal Bank of Canada increased their price objective on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods lifted their target price on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and an average target price of $206.63.

Capital One Financial Price Performance

Capital One Financial stock opened at $178.38 on Friday. The business’s 50 day simple moving average is $191.05 and its 200 day simple moving average is $177.15. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a market cap of $68.02 billion, a price-to-earnings ratio of 15.39, a PEG ratio of 1.19 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the company earned $2.81 EPS. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. Sell-side analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

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