FUKOKU MUTUAL LIFE INSURANCE Co Reduces Holdings in Capital One Financial Co. (NYSE:COF)

FUKOKU MUTUAL LIFE INSURANCE Co trimmed its position in shares of Capital One Financial Co. (NYSE:COF) by 54.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,052 shares of the financial services provider’s stock after selling 2,500 shares during the quarter. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Capital One Financial were worth $366,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Asset Management One Co. Ltd. boosted its stake in shares of Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after purchasing an additional 7,331 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Capital One Financial by 4.3% during the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock valued at $64,482,000 after purchasing an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Capital One Financial by 4.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock valued at $8,234,000 after purchasing an additional 2,006 shares during the period. Catalina Capital Group LLC boosted its stake in shares of Capital One Financial by 8.1% during the third quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock valued at $241,000 after purchasing an additional 121 shares during the period. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Capital One Financial during the third quarter valued at $1,649,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group boosted their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Truist Financial lifted their price objective on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a report on Monday, January 27th. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Argus upgraded Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Royal Bank of Canada lifted their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Seven research 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.27.

Capital One Financial Price Performance

Shares of NYSE COF opened at $196.54 on Thursday. The stock has a market capitalization of $74.95 billion, a price-to-earnings ratio of 16.96, a PEG ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The firm’s 50 day simple moving average is $192.45 and its 200-day simple moving average is $172.06. 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 (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 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 business 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 earned $2.81 EPS. The business’s revenue was up 7.2% on a year-over-year basis. Analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.22%. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.