Capital One Financial Co. (NYSE:COF) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its position in Capital One Financial Co. (NYSE:COF) by 0.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,707,201 shares of the financial services provider’s stock after acquiring an additional 19,202 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Capital One Financial were worth $482,748,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Steward Partners Investment Advisory LLC lifted its position in Capital One Financial by 15.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 22,152 shares of the financial services provider’s stock valued at $3,950,000 after buying an additional 2,943 shares in the last quarter. Unified Investment Management acquired a new position in shares of Capital One Financial during the 4th quarter valued at $896,000. Fidelis Capital Partners LLC boosted its position in Capital One Financial by 2.6% during the 4th quarter. Fidelis Capital Partners LLC now owns 3,762 shares of the financial services provider’s stock worth $671,000 after purchasing an additional 97 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the 4th quarter valued at $32,000. Finally, Jones Financial Companies Lllp raised its position in Capital One Financial by 38.7% in the fourth quarter. Jones Financial Companies Lllp now owns 56,260 shares of the financial services provider’s stock valued at $10,032,000 after purchasing an additional 15,704 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the subject of a number of recent research reports. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Royal Bank of Canada lifted 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 note on Wednesday, January 22nd. The Goldman Sachs Group boosted their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Wells Fargo & Company raised their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Finally, Barclays boosted their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Seven analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Stock Performance

Capital One Financial stock opened at $184.84 on Wednesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a fifty day moving average price of $193.69 and a two-hundred day moving average price of $173.97. The company has a market cap of $70.48 billion, a PE ratio of 15.95, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.81 EPS. Research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 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.