Axa S.A. Has $7.90 Million Stake in Capital One Financial Co. (NYSE:COF)

Axa S.A. increased its stake in shares of Capital One Financial Co. (NYSE:COF) by 464.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,289 shares of the financial services provider's stock after buying an additional 36,443 shares during the quarter. Axa S.A.'s holdings in Capital One Financial were worth $7,898,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in Capital One Financial in the fourth quarter valued at about $590,279,000. Lone Pine Capital LLC bought a new stake in shares of Capital One Financial during the 4th quarter worth approximately $577,012,000. Egerton Capital UK LLP acquired a new stake in shares of Capital One Financial during the 4th quarter worth approximately $279,159,000. FMR LLC increased its stake in Capital One Financial by 21.6% in the fourth quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after acquiring an additional 1,436,935 shares during the last quarter. Finally, Meritage Group LP acquired a new position in Capital One Financial during the fourth quarter valued at approximately $227,662,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of COF opened at $187.91 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm's fifty day simple moving average is $173.68 and its two-hundred day simple moving average is $181.82. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The stock has a market capitalization of $71.68 billion, a P/E ratio of 16.21, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. As a group, analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

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

Wall Street Analyst Weigh In

COF has been the topic of several recent analyst reports. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a research note on Wednesday, March 12th. Robert W. Baird upgraded Capital One Financial from a "neutral" rating to an "outperform" rating and lifted their target price for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and increased their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Truist Financial lifted their price target on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a report on Friday, April 25th. Finally, Wells Fargo & Company increased their price objective on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Capital One Financial currently has an average rating of "Moderate Buy" and an average price target of $207.73.

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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