FIL Ltd Has $791,000 Holdings in Capital One Financial Co. (NYSE:COF)

FIL Ltd grew its holdings in Capital One Financial Co. (NYSE:COF) by 15.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,434 shares of the financial services provider’s stock after buying an additional 595 shares during the period. FIL Ltd’s holdings in Capital One Financial were worth $791,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in COF. Vanguard Group Inc. raised its stake in Capital One Financial by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider’s stock valued at $5,660,736,000 after acquiring an additional 234,863 shares during the period. Franklin Resources Inc. raised its position in shares of Capital One Financial by 3.2% in the fourth quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider’s stock valued at $1,911,387,000 after purchasing an additional 331,595 shares during the period. Geode Capital Management LLC raised its position in shares of Capital One Financial by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider’s stock valued at $1,467,393,000 after purchasing an additional 207,427 shares during the period. FMR LLC lifted its stake in shares of Capital One Financial by 21.6% during the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider’s stock worth $1,440,449,000 after buying an additional 1,436,935 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Capital One Financial by 38.7% during the 4th quarter. Invesco Ltd. now owns 4,117,444 shares of the financial services provider’s stock worth $734,223,000 after buying an additional 1,148,443 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

NYSE:COF opened at $161.00 on Monday. 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 $61.42 billion, a PE ratio of 13.89, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The stock’s 50-day simple moving average is $182.18 and its 200 day simple moving average is $179.34.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.81 EPS. On average, analysts anticipate 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. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.49%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Analysts Set New Price Targets

COF has been the subject of several research reports. Baird R W upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. BTIG Research raised Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target for the company in a report on Tuesday, March 25th. Royal Bank of Canada boosted their price target on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Evercore ISI upgraded Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price objective on the stock in a research report on Wednesday, March 12th. Finally, Argus raised shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Four investment 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 company. Based on data from MarketBeat, Capital One Financial presently has a consensus 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.