Capital One Financial Co. (NYSE:COF) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 22.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 308,899 shares of the financial services provider's stock after purchasing an additional 57,005 shares during the quarter. Renaissance Technologies LLC owned about 0.08% of Capital One Financial worth $55,083,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of COF. Norden Group LLC boosted its position in shares of Capital One Financial by 2.6% in the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock worth $358,000 after purchasing an additional 51 shares in the last quarter. Catalyst Financial Partners LLC raised its position in shares of Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock worth $255,000 after purchasing an additional 54 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Capital One Financial by 1.0% in the 4th quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock worth $936,000 after purchasing an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its stake in shares of Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock worth $317,000 after buying an additional 56 shares in the last quarter. Finally, TFB Advisors LLC lifted its position in Capital One Financial by 4.1% in the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock valued at $265,000 after acquiring an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded up $3.09 during trading on Tuesday, reaching $165.61. 806,678 shares of the stock traded hands, compared to its average volume of 3,038,791. 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 company has a market capitalization of $63.18 billion, a price-to-earnings ratio of 14.29, a P/E/G ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The business has a fifty day simple moving average of $181.35 and a two-hundred day simple moving average of $179.44.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company had revenue of $10.19 billion for the quarter, compared to analysts' expectations of $10.22 billion. During the same period in the previous year, the firm posted $2.81 earnings per share. The firm's revenue for the quarter was up 7.2% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

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

Analysts Set New Price Targets

Several research firms recently commented on COF. HSBC upgraded Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price objective for the company in a report on Tuesday, January 14th. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price for the company in a research report on Tuesday, March 25th. Truist Financial dropped their price target on Capital One Financial from $257.00 to $215.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Citigroup cut their target price on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research report on Monday, March 24th. Finally, Barclays lifted their target price on Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $206.73.

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.