Catalyst Funds Management Pty Ltd Buys 800 Shares of Capital One Financial Co. (NYSE:COF)

Catalyst Funds Management Pty Ltd boosted its stake in shares of Capital One Financial Co. (NYSE:COF) by 66.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,000 shares of the financial services provider’s stock after purchasing an additional 800 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in Capital One Financial were worth $357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sigma Planning Corp raised its stake in shares of Capital One Financial by 20.0% during the 3rd quarter. Sigma Planning Corp now owns 2,170 shares of the financial services provider’s stock worth $325,000 after acquiring an additional 362 shares in the last quarter. Metis Global Partners LLC increased its position in shares of Capital One Financial by 0.5% during the third quarter. Metis Global Partners LLC now owns 16,849 shares of the financial services provider’s stock worth $2,523,000 after purchasing an additional 89 shares in the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of Capital One Financial by 7.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,068 shares of the financial services provider’s stock valued at $459,000 after purchasing an additional 217 shares during the last quarter. CIBC Asset Management Inc boosted its position in shares of Capital One Financial by 8.3% in the 3rd quarter. CIBC Asset Management Inc now owns 55,654 shares of the financial services provider’s stock worth $8,333,000 after purchasing an additional 4,250 shares in the last quarter. Finally, Empirical Finance LLC increased its position in Capital One Financial by 2.0% during the 3rd quarter. Empirical Finance LLC now owns 13,523 shares of the financial services provider’s stock valued at $2,025,000 after buying an additional 259 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Keefe, Bruyette & Woods lifted their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Finally, Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Five investment 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $206.67.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $172.06 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The firm’s 50 day moving average is $192.37 and its two-hundred day moving average is $175.42. The firm has a market capitalization of $65.61 billion, a P/E ratio of 14.85, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the firm posted $2.81 EPS. The company’s revenue was up 7.2% on a year-over-year basis. Research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

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.