Brown Brothers Harriman & Co. Grows Holdings in Capital One Financial Co. (NYSE:COF)

Brown Brothers Harriman & Co. lifted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,495 shares of the financial services provider’s stock after acquiring an additional 200 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Capital One Financial were worth $1,693,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Level Four Advisory Services LLC bought a new position in Capital One Financial during the 4th quarter valued at $231,000. Orion Portfolio Solutions LLC increased its holdings in Capital One Financial by 5.5% in the fourth quarter. Orion Portfolio Solutions LLC now owns 16,442 shares of the financial services provider’s stock valued at $2,932,000 after buying an additional 858 shares during the last quarter. Pictet Asset Management Holding SA raised its stake in Capital One Financial by 12.4% during the fourth quarter. Pictet Asset Management Holding SA now owns 227,943 shares of the financial services provider’s stock valued at $40,647,000 after buying an additional 25,097 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in Capital One Financial by 0.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 119,489 shares of the financial services provider’s stock worth $21,307,000 after buying an additional 436 shares during the last quarter. Finally, New Age Alpha Advisors LLC acquired a new position in shares of Capital One Financial in the 4th quarter worth approximately $4,573,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $173.32 on Friday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The firm has a market cap of $66.09 billion, a P/E ratio of 14.95, a PEG ratio of 1.19 and a beta of 1.47. The stock has a fifty day moving average price of $190.70 and a two-hundred day moving average price of $177.63. 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 (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, topping analysts’ consensus estimates 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 firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period in the previous year, the company earned $2.81 earnings per share. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. Research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.38%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is presently 20.71%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on COF shares. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a report on Tuesday, January 14th. Barclays increased their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. upped their target price on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Keefe, Bruyette & Woods increased their price target on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Finally, Wells Fargo & Company upped their price objective on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $206.63.

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.