Zurcher Kantonalbank Zurich Cantonalbank Has $44.70 Million Position in Capital One Financial Co. (NYSE:COF)

Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Capital One Financial Co. (NYSE:COF) by 9.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 250,696 shares of the financial services provider’s stock after purchasing an additional 22,063 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.07% of Capital One Financial worth $44,704,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in COF. State Street Corp raised its holdings in Capital One Financial by 0.5% in the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock valued at $2,471,572,000 after acquiring an additional 74,784 shares in the last quarter. Franklin Resources Inc. raised its holdings in Capital One Financial by 2.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock valued at $1,649,488,000 after acquiring an additional 280,462 shares in the last quarter. Fisher Asset Management LLC raised its holdings in Capital One Financial by 0.7% in the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after acquiring an additional 72,097 shares in the last quarter. Geode Capital Management LLC raised its holdings in Capital One Financial by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock valued at $1,198,664,000 after acquiring an additional 159,616 shares in the last quarter. Finally, FMR LLC raised its holdings in Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after acquiring an additional 1,169,395 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Trading Down 5.5 %

NYSE COF opened at $163.62 on Tuesday. The company has a market capitalization of $62.39 billion, a price-to-earnings ratio of 14.12, a PEG ratio of 1.19 and a beta of 1.47. The stock’s 50-day simple moving average is $193.21 and its two-hundred day simple moving average is $174.92. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67.

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

Capital One Financial Dividend Announcement

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 $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.47%. Capital One Financial’s payout ratio is presently 20.71%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on COF shares. Truist Financial boosted their price target on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Royal Bank of Canada boosted their price target on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a report on Tuesday, January 14th. Finally, Barclays boosted their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Seven analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and a consensus target price of $202.27.

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.