Orion Portfolio Solutions LLC Boosts Holdings in Capital One Financial Co. (NYSE:COF)

Orion Portfolio Solutions LLC raised its stake in Capital One Financial Co. (NYSE:COF) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,442 shares of the financial services provider’s stock after acquiring an additional 858 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Capital One Financial were worth $2,932,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of COF. Norges Bank purchased a new position in Capital One Financial in the fourth quarter valued at approximately $590,279,000. Egerton Capital UK LLP purchased a new position in shares of Capital One Financial during the 4th quarter valued at $279,159,000. International Assets Investment Management LLC bought a new position in shares of Capital One Financial during the 4th quarter worth $130,683,000. Wellington Management Group LLP increased its holdings in Capital One Financial by 268.7% in the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after acquiring an additional 710,881 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Capital One Financial in the 4th quarter valued at about $115,091,000. 89.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on COF. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. Evercore ISI raised Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price target for the company in a report on Wednesday, March 12th. Keefe, Bruyette & Woods boosted their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Finally, Wells Fargo & Company raised their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $206.63.

Capital One Financial Stock Up 3.5 %

COF opened at $179.59 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. The business’s fifty day simple moving average is $190.47 and its 200 day simple moving average is $178.22. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The stock has a market cap of $68.48 billion, a PE ratio of 15.50, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion for 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 company’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the company earned $2.81 EPS. As a group, research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal 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 paid 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 dividend yield of 1.34%. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

About Capital One Financial

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.