11,101 Shares in Capital One Financial Co. (NYSE:COF) Acquired by OFI Invest Asset Management

OFI Invest Asset Management purchased a new position in shares of Capital One Financial Co. (NYSE:COF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,101 shares of the financial services provider’s stock, valued at approximately $1,912,000.

A number of other large investors have also added to or reduced their stakes in the stock. Bfsg LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at $27,000. TruNorth Capital Management LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at $29,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial in the 4th quarter valued at $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Capital One Financial in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

COF stock opened at $173.00 on Monday. The stock has a 50-day moving average price of $193.50 and a 200-day moving average price of $174.75. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market cap of $65.97 billion, a PE ratio of 14.93, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

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 for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the company posted $2.81 EPS. The business’s quarterly revenue was up 7.2% on a year-over-year basis. As a group, equities research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.39%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Analyst Upgrades and Downgrades

COF has been the topic of a number of research analyst reports. Barclays raised their target price on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Truist Financial raised their price objective on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a report on Monday, January 27th. Wells Fargo & Company raised their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Finally, Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Seven research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.27.

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.