Geode Capital Management LLC Buys 207,427 Shares of Capital One Financial Co. (NYSE:COF)

Geode Capital Management LLC lifted its stake in shares of Capital One Financial Co. (NYSE:COF) by 2.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,227,587 shares of the financial services provider’s stock after buying an additional 207,427 shares during the period. Geode Capital Management LLC’s holdings in Capital One Financial were worth $1,467,393,000 as of its most recent SEC filing.

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

Capital One Financial Trading Down 0.6 %

NYSE:COF opened at $178.19 on Wednesday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The stock’s fifty day moving average price is $190.16 and its two-hundred day moving average price is $178.50. 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 $67.95 billion, a P/E ratio of 15.37, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.81 EPS. As a group, analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their target price on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Royal Bank of Canada raised their target price on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Finally, HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research report on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $206.63.

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.