Dover Advisors LLC Makes New Investment in Capital One Financial Co. (NYSE:COF)

Dover Advisors LLC acquired a new position in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,229 shares of the financial services provider’s stock, valued at approximately $219,000.

Several other large investors have also made changes to their positions in COF. FMR LLC lifted its position in shares of Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after purchasing an additional 1,169,395 shares during the last quarter. International Assets Investment Management LLC bought a new position in Capital One Financial during the fourth quarter valued at about $130,683,000. Wellington Management Group LLP increased its stake in Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after acquiring an additional 710,881 shares during the period. Southpoint Capital Advisors LP bought a new position in Capital One Financial during the third quarter valued at about $104,811,000. Finally, KBC Group NV increased its stake in Capital One Financial by 282.2% during the fourth quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock valued at $111,177,000 after acquiring an additional 460,339 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Down 2.4 %

NYSE:COF opened at $200.38 on Monday. The stock’s fifty day moving average price is $191.46 and its two-hundred day moving average price is $171.00. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. 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 company has a market cap of $76.39 billion, a price-to-earnings ratio of 17.29, a P/E/G ratio of 1.19 and a beta of 1.47.

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

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analysts Forecast Growth

COF has been the topic of several research reports. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research note on Tuesday, January 14th. Wells Fargo & Company boosted their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Evercore ISI boosted their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, JPMorgan Chase & Co. upped their price objective 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. Seven equities 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. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $202.27.

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.