Y Intercept Hong Kong Ltd Grows Stock Holdings in Capital One Financial Co. (NYSE:COF)

Y Intercept Hong Kong Ltd grew its stake in Capital One Financial Co. (NYSE:COF) by 25.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 17,464 shares of the financial services provider’s stock after acquiring an additional 3,505 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Capital One Financial were worth $3,114,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after acquiring an additional 1,169,395 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Capital One Financial in the fourth quarter valued at about $130,683,000. Wellington Management Group LLP increased its position 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 worth $146,052,000 after purchasing an additional 710,881 shares during the last quarter. Southpoint Capital Advisors LP purchased a new position in Capital One Financial during the third quarter worth about $104,811,000. Finally, KBC Group NV boosted its holdings in Capital One Financial by 282.2% in the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock valued at $111,177,000 after purchasing an additional 460,339 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Finally, Royal Bank of Canada increased their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd. Seven research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $202.27.

Capital One Financial Stock Down 0.1 %

Shares of NYSE:COF opened at $199.93 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. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The stock has a market cap of $76.24 billion, a price-to-earnings ratio of 17.25, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The firm’s 50 day moving average price is $191.76 and its 200 day moving average price is $171.47.

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. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the firm earned $2.81 earnings per share. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. As a group, equities research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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

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.