B. Metzler seel. Sohn & Co. AG raised its position in Capital One Financial Co. (NYSE:COF) by 26.8% in the fourth quarter, Holdings Channel reports. The fund owned 38,551 shares of the financial services provider’s stock after buying an additional 8,155 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Capital One Financial were worth $6,872,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in shares of Capital One Financial by 4.3% during the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after purchasing an additional 17,825 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Capital One Financial by 4.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock worth $8,234,000 after buying an additional 2,006 shares during the last quarter. Artemis Investment Management LLP acquired a new position in shares of Capital One Financial during the 4th quarter worth about $46,915,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Capital One Financial by 9.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 250,696 shares of the financial services provider’s stock valued at $44,704,000 after acquiring an additional 22,063 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in shares of Capital One Financial by 22.9% during the 4th quarter. Fifth Third Bancorp now owns 27,390 shares of the financial services provider’s stock worth $4,884,000 after acquiring an additional 5,101 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.
Capital One Financial Price Performance
Shares of NYSE COF opened at $179.59 on Tuesday. 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 company has a market cap of $68.48 billion, a PE ratio of 15.50, a P/E/G ratio of 1.19 and a beta of 1.47. The stock has a fifty day moving average price of $190.47 and a 200 day moving average price of $178.22. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67.
Capital One Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the company. Evercore ISI raised Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price target for the company in a report on Wednesday, March 12th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Robert W. Baird raised shares of Capital One Financial from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Barclays raised their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Finally, Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $206.63.
View Our Latest Stock Analysis on COF
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.
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