Capital One Financial Co. (NYSE:COF) Stake Boosted by Intech Investment Management LLC

Intech Investment Management LLC raised its stake in Capital One Financial Co. (NYSE:COF) by 274.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 6,215 shares of the financial services provider’s stock after buying an additional 4,556 shares during the quarter. Intech Investment Management LLC’s holdings in Capital One Financial were worth $1,108,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Bfsg LLC bought a new stake in Capital One Financial in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Capital One Financial in the fourth quarter valued at $27,000. TruNorth Capital Management LLC bought a new stake in Capital One Financial in the fourth quarter valued at $29,000. SBI Securities Co. Ltd. bought a new stake in Capital One Financial in the fourth quarter valued at $32,000. Finally, Decker Retirement Planning Inc. bought a new stake in Capital One Financial in the fourth quarter valued at $32,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $174.79 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The company’s 50-day moving average price is $191.50 and its two-hundred day moving average price is $176.31. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The stock has a market cap of $66.65 billion, a PE ratio of 15.08, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping 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 business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.81 EPS. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.37%. Capital One Financial’s payout ratio is presently 20.71%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on COF. Barclays raised their target price on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research note on Tuesday, January 14th. Baird R W upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Truist Financial cut their price objective on shares of Capital One Financial from $257.00 to $215.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Five equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $203.87.

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.