First Manhattan CO. LLC. Acquires 15,227 Shares of Capital One Financial Co. (NYSE:COF)

First Manhattan CO. LLC. increased its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 541,922 shares of the financial services provider's stock after buying an additional 15,227 shares during the period. First Manhattan CO. LLC. owned about 0.14% of Capital One Financial worth $96,636,000 at the end of the most recent quarter.

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

Capital One Financial Stock Performance

COF stock traded up $12.27 during midday trading on Monday, hitting $200.03. 6,840,708 shares of the stock traded hands, compared to its average volume of 3,230,711. The stock's fifty day simple moving average is $173.12 and its 200-day simple moving average is $182.72. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The firm has a market cap of $76.31 billion, a P/E ratio of 17.26, a PEG ratio of 1.19 and a beta of 1.13. 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 (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. On average, analysts expect 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 will be paid on Thursday, June 5th. Investors of record on Friday, May 23rd will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.20%. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of recent analyst reports. UBS Group raised Capital One Financial from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Citigroup dropped their price target on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Truist Financial increased their price target on Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a report on Friday, April 25th. Royal Bank of Canada set a $190.00 target price on Capital One Financial and gave the stock a "sector perform" rating in a report on Monday, April 14th. Finally, Wells Fargo & Company raised their target price on Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research report on Thursday, April 24th. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $207.73.

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.