Phoenix Financial Ltd. Invests $6.77 Million in Capital One Financial Co. (NYSE:COF)

Phoenix Financial Ltd. purchased a new stake in Capital One Financial Co. (NYSE:COF - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 37,983 shares of the financial services provider's stock, valued at approximately $6,773,000.

A number of other hedge funds have also added to or reduced their stakes in COF. Bfsg LLC bought a new stake in shares of Capital One Financial during the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Capital One Financial during the 4th quarter valued at approximately $27,000. TruNorth Capital Management LLC purchased a new position in shares of Capital One Financial during the 4th quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial in the 4th quarter worth approximately $32,000. Finally, Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial in the 4th quarter valued at approximately $32,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

Shares of NYSE:COF traded up $3.03 during midday trading on Tuesday, reaching $165.55. 853,596 shares of the company's stock traded hands, compared to its average volume of 3,039,099. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a market cap of $63.15 billion, a price-to-earnings ratio of 14.28, a P/E/G ratio of 1.19 and a beta of 1.24. The stock has a 50 day moving average of $181.35 and a 200 day moving average of $179.44.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts' consensus estimates of $2.78 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 $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same period in the previous year, the business posted $2.81 earnings per share. The business's revenue for the quarter was up 7.2% on a year-over-year basis. As a group, equities research analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is presently 20.71%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on COF. Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. JPMorgan Chase & Co. decreased their price target on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. HSBC raised shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price target for the company in a research report on Tuesday, January 14th. Barclays raised their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. Finally, Truist Financial lowered their target price on shares of Capital One Financial from $257.00 to $215.00 and set a "buy" rating for the company in a report on Friday, March 21st. Four 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 stock. Based on data from MarketBeat, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus price target of $206.73.

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.