Capital One Financial Co. (NYSE:COF) Shares Purchased by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S raised its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 41.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,202 shares of the financial services provider's stock after purchasing an additional 10,024 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Capital One Financial were worth $6,099,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in COF. Vanguard Group Inc. raised its holdings in shares of Capital One Financial by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider's stock worth $5,660,736,000 after purchasing an additional 234,863 shares during the period. Franklin Resources Inc. lifted its position in Capital One Financial by 3.2% during the fourth quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider's stock valued at $1,911,387,000 after buying an additional 331,595 shares in the last quarter. Geode Capital Management LLC grew its stake in Capital One Financial by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock worth $1,467,393,000 after buying an additional 207,427 shares during the period. FMR LLC increased its position in shares of 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 worth $1,440,449,000 after acquiring an additional 1,436,935 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Capital One Financial by 38.7% in the 4th quarter. Invesco Ltd. now owns 4,117,444 shares of the financial services provider's stock valued at $734,223,000 after acquiring an additional 1,148,443 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on COF. HSBC raised 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. Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. Truist Financial increased their price objective on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Friday. Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price on the stock in a research report on Wednesday, March 12th. Finally, Argus raised shares of Capital One Financial to a "strong-buy" rating in a report on Thursday, January 23rd. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $207.73.

Capital One Financial Stock Performance

COF traded down $2.12 during trading hours on Friday, hitting $182.93. 1,745,051 shares of the stock were exchanged, compared to its average volume of 3,137,143. 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 12 month low of $128.23 and a 12 month high of $210.67. The stock has a 50-day simple moving average of $176.16 and a 200-day simple moving average of $180.09. The stock has a market cap of $69.78 billion, a price-to-earnings ratio of 15.83, 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 quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. Analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is 20.15%.

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.