Alyeska Investment Group L.P. Acquires New Holdings in Capital One Financial Co. (NYSE:COF)

Alyeska Investment Group L.P. bought a new position in Capital One Financial Co. (NYSE:COF - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 392,809 shares of the financial services provider's stock, valued at approximately $70,046,000. Alyeska Investment Group L.P. owned 0.10% of Capital One Financial at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Bfsg LLC purchased a new stake in Capital One Financial during the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Capital One Financial in the fourth quarter worth about $27,000. TruNorth Capital Management LLC purchased a new position in Capital One Financial in the fourth quarter worth about $29,000. Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial during the 4th quarter valued at about $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Capital One Financial during the 4th quarter valued at about $32,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a research note on Wednesday, March 12th. Royal Bank of Canada set a $190.00 target price on Capital One Financial and gave the company a "sector perform" rating in a research report on Monday, April 14th. Citigroup cut their price target on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a report on Monday, March 24th. Finally, Argus raised Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. Four 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 data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $207.73.

Capital One Financial Trading Up 4.2 %

Shares of COF opened at $187.86 on Friday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The company has a 50 day simple moving average of $173.85 and a two-hundred day simple moving average of $181.30. 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 has a market cap of $71.66 billion, a P/E ratio of 16.21, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating the consensus estimate of $3.75 by $0.31. The company had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. On average, equities analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.28%. Capital One Financial's dividend payout ratio is currently 20.15%.

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.

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