Johnson Investment Counsel Inc. bought a new stake in shares of Capital One Financial Co. (NYSE:COF – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,356 shares of the financial services provider’s stock, valued at approximately $242,000.
Several other hedge funds have also recently added to or reduced their stakes in the company. Bfsg LLC bought a new position in Capital One Financial during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $27,000. TruNorth Capital Management LLC bought a new stake in Capital One Financial in the 4th quarter valued at about $29,000. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the 4th quarter worth approximately $32,000. Finally, SBI Securities Co. Ltd. bought a new position in Capital One Financial in the fourth quarter worth approximately $32,000. Institutional investors own 89.84% of the company’s stock.
Capital One Financial Trading Down 2.8 %
Shares of Capital One Financial stock opened at $165.73 on Friday. The company’s 50-day moving average price is $192.54 and its 200-day moving average price is $174.98. The company has a market cap of $63.20 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month 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.
Capital One Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on COF shares. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. JPMorgan Chase & Co. upped their price objective 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. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $190.00 to $200.00 in a report on Tuesday. Finally, The Goldman Sachs Group raised their target price on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $206.67.
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.
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