D1 Capital Partners L.P. Takes Position in Capital One Financial Co. (NYSE:COF)

D1 Capital Partners L.P. bought a new position in shares of Capital One Financial Co. (NYSE:COF - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 487,000 shares of the financial services provider's stock, valued at approximately $86,842,000. Capital One Financial makes up about 1.4% of D1 Capital Partners L.P.'s portfolio, making the stock its 26th largest position. D1 Capital Partners L.P. owned approximately 0.13% of Capital One Financial at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bfsg LLC bought a new stake in shares of Capital One Financial during the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Capital One Financial during the fourth quarter worth about $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial during the fourth quarter worth about $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Capital One Financial during the fourth quarter worth about $32,000. Finally, Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial during the fourth quarter worth about $32,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Price Performance

COF stock traded down $1.01 during mid-day trading on Tuesday, hitting $182.12. 989,835 shares of the stock were exchanged, compared to its average volume of 3,127,944. 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 business has a fifty day moving average price of $175.22 and a 200 day moving average price of $180.91. 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 $69.48 billion, a price-to-earnings ratio of 15.71, a PEG ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (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 firm had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Barclays boosted their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a report on Wednesday, January 22nd. Truist Financial boosted their price target on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a report on Friday. Robert W. Baird upgraded shares of 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 report on Tuesday, March 11th. 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. Finally, BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target on the stock in a report on Tuesday, March 25th. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price 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.