Harvest Fund Management Co. Ltd Has $1.27 Million Stock Position in Capital One Financial Co. (NYSE:COF)

Harvest Fund Management Co. Ltd boosted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 102.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,107 shares of the financial services provider’s stock after acquiring an additional 3,588 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Capital One Financial were worth $1,268,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Principal Financial Group Inc. boosted its holdings 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 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% in the 4th 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 buying an additional 2,006 shares in the last quarter. Dai ichi Life Insurance Company Ltd boosted its stake in shares of Capital One Financial by 36.8% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock valued at $1,671,000 after buying an additional 3,000 shares during the period. Artemis Investment Management LLP purchased a new position in shares of Capital One Financial during the 4th quarter valued at $46,915,000. Finally, Fisher Asset Management LLC increased its stake 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. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 2.3 %

Shares of NYSE:COF opened at $172.72 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock’s 50-day moving average is $191.61 and its 200-day moving average is $175.91. The company has a market cap of $65.86 billion, a P/E ratio of 14.90, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the firm posted $2.81 EPS. The company’s revenue was up 7.2% on a year-over-year basis. Equities research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

COF has been the subject of a number of research reports. Evercore ISI raised Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price objective for the company in a research report on Wednesday, March 12th. JPMorgan Chase & Co. raised their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research report on Tuesday, January 14th. Finally, Wells Fargo & Company boosted their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Five equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus target price of $206.67.

Capital One Financial Company 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.