Capital One Financial Co. (NYSE:COF) Shares Acquired by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD boosted its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 63.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,242,912 shares of the financial services provider's stock after buying an additional 480,269 shares during the quarter. Price T Rowe Associates Inc. MD owned about 0.33% of Capital One Financial worth $221,637,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Capital One Financial in the 4th quarter valued at $590,279,000. Egerton Capital UK LLP acquired a new position in Capital One Financial in the fourth quarter valued at about $279,159,000. FMR LLC grew its holdings in shares of Capital One Financial by 21.6% in the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after buying an additional 1,436,935 shares during the period. Meritage Group LP acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $227,662,000. Finally, Invesco Ltd. raised its stake in shares of Capital One Financial by 38.7% during the 4th quarter. Invesco Ltd. now owns 4,117,444 shares of the financial services provider's stock worth $734,223,000 after purchasing an additional 1,148,443 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Down 2.9 %

Shares of COF stock traded down $5.38 during trading hours on Wednesday, reaching $177.70. 2,644,356 shares of the company's stock were exchanged, compared to its average volume of 4,517,974. The stock's fifty day moving average price is $174.76 and its two-hundred day moving average price is $180.93. The stock has a market cap of $67.79 billion, a PE ratio of 15.33, a PEG ratio of 1.19 and a beta of 1.24. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67.

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 (EPS) for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. The company had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

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. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.35%. Capital One Financial's dividend payout ratio is presently 20.15%.

Analysts Set New Price Targets

COF has been the topic of several research reports. JPMorgan Chase & Co. lowered their price target on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Baird R W upgraded shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 11th. Royal Bank of Canada set a $190.00 price target on Capital One Financial and gave the stock a "sector perform" rating in a report on Monday, April 14th. Truist Financial lifted their price objective on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a report on Friday, April 25th. Finally, Bank of America raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Four research 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's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $207.73.

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.