Capital One Financial Co. (NYSE:COF) Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. lifted its position in Capital One Financial Co. (NYSE:COF) by 3.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 10,718,860 shares of the financial services provider’s stock after acquiring an additional 331,595 shares during the period. Franklin Resources Inc.’s holdings in Capital One Financial were worth $1,911,387,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Bfsg LLC acquired a new stake in Capital One Financial in the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Capital One Financial during the fourth quarter valued at $27,000. TruNorth Capital Management LLC purchased a new position in Capital One Financial during the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new position in Capital One Financial during the 4th quarter valued at about $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Capital One Financial during the 4th quarter valued at $32,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of COF opened at $173.32 on Monday. The firm has a 50-day moving average of $190.70 and a 200-day moving average of $177.92. The company has a market cap of $66.09 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year 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 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during 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 revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.81 EPS. As a group, equities analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Analyst Upgrades and Downgrades

COF has been the subject of a number of recent analyst reports. Citigroup decreased their price target on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a report on Monday, March 24th. BTIG Research raised Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price objective for the company in a report on Tuesday, March 25th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Evercore ISI raised Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price for the company in a research note on Wednesday, March 12th. Finally, Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $206.63.

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.