Capital One Financial Co. (NYSE:COF) Stock Holdings Lifted by Northern Trust Corp

Northern Trust Corp boosted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 21.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,433,401 shares of the financial services provider’s stock after acquiring an additional 793,765 shares during the quarter. Northern Trust Corp owned 1.16% of Capital One Financial worth $790,564,000 at the end of the most recent quarter.

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

Capital One Financial Trading Up 0.2 %

Shares of COF stock opened at $183.06 on Tuesday. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The stock’s fifty day simple moving average is $175.22 and its 200 day simple moving average is $180.91. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $69.83 billion, a P/E ratio of 15.79, a P/E/G ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10 billion for the quarter, compared to analysts’ expectations of $10.07 billion. As a group, sell-side analysts predict that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is 20.15%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on COF shares. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a report on Tuesday, January 14th. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. 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 company a “sector perform” rating in a research report on Monday, April 14th. Finally, Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $207.73.

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.