Capital One Financial Co. (NYSE:COF) Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 5.6% in the fourth quarter, HoldingsChannel reports. The firm owned 18,628 shares of the financial services provider’s stock after acquiring an additional 981 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Capital One Financial were worth $3,322,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bfsg LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial in the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC acquired a new position in Capital One Financial in the 4th quarter valued at $29,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter worth $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Capital One Financial in the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a research report on Tuesday, January 14th. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Finally, Keefe, Bruyette & Woods increased their target price 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. Five investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $206.67.

Capital One Financial Stock Performance

Capital One Financial stock opened at $172.72 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm’s fifty day moving average price is $191.61 and its 200 day moving average price is $175.91. The company has a market capitalization of $65.86 billion, a price-to-earnings ratio of 14.90, a price-to-earnings-growth 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.

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

Capital One Financial Dividend Announcement

The business also recently announced 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 annualized dividend and a dividend yield of 1.39%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) 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.