Egerton Capital UK LLP Makes New $279.16 Million Investment in Capital One Financial Co. (NYSE:COF)

Egerton Capital UK LLP bought a new stake in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,565,495 shares of the financial services provider’s stock, valued at approximately $279,159,000. Capital One Financial accounts for approximately 3.2% of Egerton Capital UK LLP’s investment portfolio, making the stock its 15th biggest holding.

Other hedge funds also recently modified their holdings of the company. Assetmark Inc. increased its holdings in Capital One Financial by 21.6% during the 3rd quarter. Assetmark Inc. now owns 41,616 shares of the financial services provider’s stock valued at $6,231,000 after purchasing an additional 7,403 shares in the last quarter. Atria Investments Inc raised its stake in shares of Capital One Financial by 9.2% in the 3rd quarter. Atria Investments Inc now owns 41,045 shares of the financial services provider’s stock valued at $6,146,000 after purchasing an additional 3,447 shares during the period. Sigma Planning Corp increased its position in shares of Capital One Financial by 20.0% in the third quarter. Sigma Planning Corp now owns 2,170 shares of the financial services provider’s stock valued at $325,000 after acquiring an additional 362 shares during the last quarter. Axxcess Wealth Management LLC increased its position in Capital One Financial by 6.1% during the third quarter. Axxcess Wealth Management LLC now owns 5,358 shares of the financial services provider’s stock worth $802,000 after buying an additional 310 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Capital One Financial during the third quarter worth approximately $53,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on COF shares. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Wells Fargo & Company upped their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. The Goldman Sachs Group increased their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Finally, Barclays upped their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Five research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $206.67.

Capital One Financial Stock Up 1.0 %

Shares of NYSE:COF opened at $165.49 on Wednesday. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $63.11 billion, a price-to-earnings ratio of 14.28, a PEG ratio of 1.19 and a beta of 1.47. The firm has a fifty day moving average price of $192.95 and a two-hundred day moving average price of $175.08.

Capital One Financial (NYSE:COF) last issued its earnings results 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 company 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 firm’s revenue was up 7.2% compared to the same quarter last year. Analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.45%. The ex-dividend date was Tuesday, February 18th. 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.