Capital One Financial Co. (NYSE:COF) Shares Purchased by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC lifted its holdings in Capital One Financial Co. (NYSE:COF) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,864 shares of the financial services provider’s stock after acquiring an additional 193 shares during the period. HighPoint Advisor Group LLC’s holdings in Capital One Financial were worth $1,581,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in COF. Franklin Resources Inc. raised its position in Capital One Financial by 3.2% in the fourth 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 period. Family Legacy Inc. grew its stake in shares of Capital One Financial by 0.8% in the fourth quarter. Family Legacy Inc. now owns 7,980 shares of the financial services provider’s stock valued at $1,438,000 after buying an additional 60 shares in the last quarter. B. Metzler seel. Sohn & Co. AG raised its holdings in shares of Capital One Financial by 26.8% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 38,551 shares of the financial services provider’s stock valued at $6,872,000 after buying an additional 8,155 shares during the period. Summit Financial LLC lifted its position in Capital One Financial by 12.2% during the 4th quarter. Summit Financial LLC now owns 4,670 shares of the financial services provider’s stock worth $833,000 after acquiring an additional 508 shares in the last quarter. Finally, Alliancebernstein L.P. grew its position in Capital One Financial by 8.1% in the fourth quarter. Alliancebernstein L.P. now owns 1,880,446 shares of the financial services provider’s stock valued at $335,321,000 after acquiring an additional 140,411 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

COF opened at $179.59 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company’s 50-day moving average price is $190.47 and its 200 day moving average price is $178.22. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The firm has a market cap of $68.48 billion, a price-to-earnings ratio of 15.50, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results 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 business 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 was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $2.81 EPS. As a group, sell-side analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.34%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Analyst Upgrades and Downgrades

COF has been the subject of several analyst reports. Citigroup decreased their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, March 24th. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. BTIG Research raised Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 target price on the stock in a research report on Tuesday, March 25th. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and increased their price target for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Finally, Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Four 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $206.63.

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.