New York State Common Retirement Fund Has $88.95 Million Holdings in Capital One Financial Co. (NYSE:COF)

New York State Common Retirement Fund raised its holdings in shares of Capital One Financial Co. (NYSE:COF) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 498,843 shares of the financial services provider’s stock after purchasing an additional 5,800 shares during the quarter. New York State Common Retirement Fund’s holdings in Capital One Financial were worth $88,954,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Prossimo Advisors LLC lifted its holdings in Capital One Financial by 2.5% during the 4th quarter. Prossimo Advisors LLC now owns 2,804 shares of the financial services provider’s stock valued at $500,000 after purchasing an additional 69 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund lifted its holdings in Capital One Financial by 80.6% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 20,417 shares of the financial services provider’s stock valued at $3,641,000 after purchasing an additional 9,111 shares during the last quarter. Bfsg LLC acquired a new stake in Capital One Financial during the 4th quarter valued at $27,000. Atria Wealth Solutions Inc. lifted its holdings in Capital One Financial by 21.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 15,414 shares of the financial services provider’s stock valued at $2,749,000 after purchasing an additional 2,726 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its holdings in Capital One Financial by 16.7% during the 4th quarter. Venturi Wealth Management LLC now owns 1,189 shares of the financial services provider’s stock valued at $212,000 after purchasing an additional 170 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Argus upgraded Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Wells Fargo & Company increased their price objective on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Evercore ISI increased their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Barclays increased their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods increased their price objective on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Eight investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $198.50.

Capital One Financial Stock Performance

Capital One Financial stock opened at $209.98 on Thursday. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.10. 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 50-day moving average price is $190.72 and its two-hundred day moving average price is $169.75. The stock has a market cap of $80.05 billion, a PE ratio of 18.12, a P/E/G ratio of 1.17 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the business posted $2.81 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders 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 yield of 1.14%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio is presently 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.