Capital One Financial Co. (NYSE:COF) Shares Purchased by Ieq Capital LLC

Ieq Capital LLC boosted its stake in Capital One Financial Co. (NYSE:COF) by 33.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,082 shares of the financial services provider’s stock after purchasing an additional 5,024 shares during the period. Ieq Capital LLC’s holdings in Capital One Financial were worth $3,581,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bfsg LLC purchased a new position in Capital One Financial in the 4th quarter valued at about $27,000. Decker Retirement Planning Inc. purchased a new position in Capital One Financial in the 4th quarter valued at about $32,000. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial in the 3rd quarter valued at about $36,000. Sierra Ocean LLC purchased a new position in Capital One Financial in the 4th quarter valued at about $48,000. Finally, Creative Financial Designs Inc. ADV boosted its position in Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on COF. 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. Royal Bank of Canada upped their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Evercore ISI increased their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Finally, Barclays increased their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Eight research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and a consensus price target of $198.50.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $200.38 on Friday. 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 firm’s 50-day moving average price is $191.46 and its two-hundred day moving average price is $170.73. 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 capitalization of $76.39 billion, a P/E ratio of 17.29, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued 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 net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter last year, the company posted $2.81 earnings per share. Capital One Financial’s revenue was up 7.2% on a year-over-year basis. As a group, sell-side analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.20%. Capital One Financial’s payout ratio is currently 20.71%.

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.