Bank Julius Baer & Co. Ltd Zurich Takes Position in Capital One Financial Co. (NYSE:COF)

Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, Holdings Channel.com reports. The firm acquired 748 shares of the financial services provider’s stock, valued at approximately $147,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. lifted its position in 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 worth $64,482,000 after purchasing an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in 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 worth $8,234,000 after purchasing an additional 2,006 shares during the period. Dai ichi Life Insurance Company Ltd lifted its position in Capital One Financial by 36.8% during the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after purchasing an additional 3,000 shares during the period. Artemis Investment Management LLP bought a new position in shares of Capital One Financial in the fourth quarter worth about $46,915,000. Finally, Fisher Asset Management LLC lifted its holdings in shares of Capital One Financial by 0.7% in the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after acquiring an additional 72,097 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on COF shares. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Barclays upped their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Finally, The Goldman Sachs Group increased 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 report on Tuesday, November 19th. Six research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and an average price target of $205.60.

Capital One Financial Trading Up 1.0 %

Shares of Capital One Financial stock opened at $165.49 on Wednesday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The firm has a market cap of $63.11 billion, a PE ratio of 14.28, a P/E/G ratio of 1.19 and a beta of 1.47. The stock has a fifty day moving average price of $192.95 and a 200-day moving average price of $175.08. 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 announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.81 EPS. Equities research analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.45%. Capital One Financial’s payout ratio is 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.