Swiss National Bank decreased its position in shares of Capital One Financial Co. (NYSE:COF) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,078,700 shares of the financial services provider’s stock after selling 54,900 shares during the period. Swiss National Bank’s holdings in Capital One Financial were worth $192,354,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. raised its position in Capital One Financial by 4.3% in 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 raised its position in shares of 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 valued at $8,234,000 after acquiring an additional 2,006 shares during the last quarter. Dai ichi Life Insurance Company Ltd raised its position in shares of Capital One Financial by 36.8% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock valued at $1,671,000 after acquiring an additional 3,000 shares during the last quarter. Artemis Investment Management LLP bought a new stake in shares of Capital One Financial during the 4th quarter valued at $46,915,000. Finally, Fisher Asset Management LLC raised its position in shares of Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after acquiring an additional 72,097 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.
Capital One Financial Trading Down 2.8 %
Shares of NYSE:COF opened at $165.73 on Friday. The company’s 50-day moving average price is $192.54 and its two-hundred day moving average price is $174.98. 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. The stock has a market capitalization of $63.20 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.
Capital One Financial Announces Dividend
The firm also recently declared 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. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.45%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.
Wall Street Analysts Forecast Growth
COF has been the subject of several research analyst reports. Royal Bank of Canada boosted their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. 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 report on Tuesday. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, 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 report on Tuesday, January 14th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus target price of $206.67.
View Our Latest Report on Capital One Financial
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.
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