Zurcher Kantonalbank Zurich Cantonalbank Purchases 93,232 Shares of Capital One Financial Co. (NYSE:COF)

Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 62.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 243,353 shares of the financial services provider's stock after acquiring an additional 93,232 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.06% of Capital One Financial worth $31,908,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Comerica Bank raised its stake in Capital One Financial by 158.7% in the third quarter. Comerica Bank now owns 87,852 shares of the financial services provider's stock valued at $8,526,000 after buying an additional 53,894 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Capital One Financial by 1.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider's stock valued at $242,471,000 after buying an additional 40,585 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Capital One Financial by 15.2% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 76,695 shares of the financial services provider's stock worth $7,443,000 after purchasing an additional 10,107 shares during the period. Rafferty Asset Management LLC increased its stake in shares of Capital One Financial by 4.3% during the third quarter. Rafferty Asset Management LLC now owns 131,964 shares of the financial services provider's stock worth $12,807,000 after purchasing an additional 5,439 shares during the period. Finally, Mariner LLC increased its stake in shares of Capital One Financial by 3.5% during the third quarter. Mariner LLC now owns 65,596 shares of the financial services provider's stock worth $6,366,000 after purchasing an additional 2,228 shares during the period. Institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Up 0.2 %

Capital One Financial stock traded up $0.31 during midday trading on Wednesday, reaching $136.73. The stock had a trading volume of 1,762,308 shares, compared to its average volume of 2,678,358. Capital One Financial Co. has a 12 month low of $83.93 and a 12 month high of $149.27. The company has a market capitalization of $52.01 billion, a P/E ratio of 11.44, a PEG ratio of 1.00 and a beta of 1.48. The company has a fifty day moving average price of $139.06 and a two-hundred day moving average price of $123.61. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing analysts' consensus estimates of $2.50 by ($0.26). The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. As a group, equities analysts expect that Capital One Financial Co. will post 13.84 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.76%. The ex-dividend date was Friday, February 9th. Capital One Financial's dividend payout ratio is presently 20.08%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on COF shares. JPMorgan Chase & Co. increased their price target on Capital One Financial from $134.00 to $152.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 3rd. Evercore ISI increased their price target on Capital One Financial from $142.00 to $155.00 and gave the stock an "in-line" rating in a research report on Thursday, March 28th. Barclays increased their price target on Capital One Financial from $114.00 to $154.00 and gave the stock an "equal weight" rating in a research report on Tuesday, January 2nd. Piper Sandler raised their target price on Capital One Financial from $126.00 to $142.00 and gave the company a "neutral" rating in a report on Friday, February 23rd. Finally, UBS Group raised their target price on Capital One Financial from $132.00 to $140.00 and gave the company a "neutral" rating in a report on Thursday, February 29th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $137.05.

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.