Kentucky Retirement Systems Insurance Trust Fund Buys 9,111 Shares of Capital One Financial Co. (NYSE:COF)

Kentucky Retirement Systems Insurance Trust Fund lifted its stake in shares of Capital One Financial Co. (NYSE:COF) by 80.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,417 shares of the financial services provider’s stock after purchasing an additional 9,111 shares during the quarter. Kentucky Retirement Systems Insurance Trust Fund’s holdings in Capital One Financial were worth $3,641,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Management One Co. Ltd. grew its holdings in shares of Capital One Financial by 5.3% during the 3rd 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 last quarter. Principal Financial Group Inc. grew its holdings in Capital One Financial by 4.3% during the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after acquiring an additional 17,825 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Capital One Financial by 4.5% during 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 acquiring an additional 2,006 shares during the last quarter. Catalina Capital Group LLC grew its holdings in Capital One Financial by 8.1% during the 3rd quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock worth $241,000 after acquiring an additional 121 shares during the last quarter. Finally, CWA Asset Management Group LLC bought a new stake in Capital One Financial during the 3rd quarter worth approximately $1,649,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Up 2.5 %

Capital One Financial stock opened at $202.25 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $208.63. The firm’s fifty day moving average is $189.51 and its 200 day moving average is $168.58. The company has a market capitalization of $77.10 billion, a PE ratio of 17.45, a PEG ratio of 1.26 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released 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. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the company posted $2.81 earnings per share. The business’s revenue was up 7.2% on a year-over-year basis. As a group, sell-side analysts predict that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.19%. Capital One Financial’s payout ratio is 20.71%.

Analysts Set New Price Targets

A number of research firms have weighed in on COF. Robert W. Baird boosted their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. JPMorgan Chase & Co. boosted 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. Barclays boosted their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Finally, The Goldman Sachs Group upped their price objective 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. Nine analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $196.31.

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.