Gulf International Bank UK Ltd Reduces Holdings in Capital One Financial Co. (NYSE:COF)

Gulf International Bank UK Ltd decreased its position in shares of Capital One Financial Co. (NYSE:COF) by 9.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 27,349 shares of the financial services provider’s stock after selling 2,838 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Capital One Financial were worth $4,876,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in COF. Mn Services Vermogensbeheer B.V. boosted its position in Capital One Financial by 2.0% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 149,700 shares of the financial services provider’s stock worth $26,695,000 after purchasing an additional 2,900 shares during the period. Convergence Financial LLC lifted its stake in shares of Capital One Financial by 4.7% during the 4th quarter. Convergence Financial LLC now owns 2,473 shares of the financial services provider’s stock valued at $441,000 after buying an additional 112 shares in the last quarter. Cutter & CO Brokerage Inc. bought a new position in Capital One Financial in the 4th quarter worth approximately $211,000. Lingotto Investment Management LLP purchased a new position in Capital One Financial in the 4th quarter valued at approximately $1,979,000. Finally, FFT Wealth Management LLC raised its holdings in Capital One Financial by 2.4% during the 4th quarter. FFT Wealth Management LLC now owns 2,720 shares of the financial services provider’s stock valued at $485,000 after acquiring an additional 65 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on COF. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Truist Financial raised their target price 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. Wells Fargo & Company lifted their target price on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Finally, Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Stock Performance

NYSE COF opened at $197.00 on Friday. The company has a market capitalization of $75.12 billion, a P/E ratio of 17.00, a P/E/G ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a fifty day moving average of $192.88 and a 200-day moving average of $172.23.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data 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. The firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.81 EPS. As a group, equities research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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