Asset Management One Co. Ltd. Buys 3,261 Shares of Capital One Financial Co. (NYSE:COF)

Asset Management One Co. Ltd. lifted its holdings in Capital One Financial Co. (NYSE:COF) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 150,030 shares of the financial services provider’s stock after purchasing an additional 3,261 shares during the period. Asset Management One Co. Ltd.’s holdings in Capital One Financial were worth $27,038,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in COF. Creative Planning increased its stake in shares of Capital One Financial by 7.2% in the third quarter. Creative Planning now owns 52,492 shares of the financial services provider’s stock worth $7,860,000 after purchasing an additional 3,507 shares during the period. Swedbank AB increased its stake in shares of Capital One Financial by 13.4% in the third quarter. Swedbank AB now owns 68,244 shares of the financial services provider’s stock worth $10,218,000 after purchasing an additional 8,074 shares during the period. Vontobel Holding Ltd. increased its stake in shares of Capital One Financial by 3.6% in the third quarter. Vontobel Holding Ltd. now owns 16,299 shares of the financial services provider’s stock worth $2,440,000 after purchasing an additional 562 shares during the period. nVerses Capital LLC bought a new position in shares of Capital One Financial in the third quarter worth about $90,000. Finally, Global Retirement Partners LLC increased its stake in shares of Capital One Financial by 5.1% in the third quarter. Global Retirement Partners LLC now owns 2,804 shares of the financial services provider’s stock worth $420,000 after purchasing an additional 136 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Truist Financial lifted their price objective on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Royal Bank of Canada lifted their target price on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. The Goldman Sachs Group lifted their target price on 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 lifted their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Finally, UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Nine equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $196.31.

Capital One Financial Stock Up 2.5 %

Shares of COF opened at $202.25 on Friday. The company has a market capitalization of $77.10 billion, a P/E ratio of 17.45, a PEG ratio of 1.26 and a beta of 1.47. 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 one year low of $128.23 and a one year high of $208.63. The business’s 50 day simple moving average is $189.22 and its 200-day simple moving average is $167.98.

Capital One Financial (NYSE:COF) last announced its earnings results 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 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%. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.81 EPS. As a group, sell-side analysts predict that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Tuesday, February 18th. 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.