Securian Asset Management Inc. Has $3.66 Million Position in Capital One Financial Co. (NYSE:COF)

Securian Asset Management Inc. lessened its position in Capital One Financial Co. (NYSE:COF) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,503 shares of the financial services provider’s stock after selling 615 shares during the quarter. Securian Asset Management Inc.’s holdings in Capital One Financial were worth $3,656,000 as of its most recent filing with the SEC.

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

Analysts Set New Price Targets

COF has been the subject of several analyst reports. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Evercore ISI upgraded Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price target for the company in a research note on Wednesday. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $190.00 to $200.00 in a research note on Tuesday. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Finally, Barclays upped their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Five investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $206.67.

Capital One Financial Stock Up 3.2 %

COF stock opened at $170.73 on Thursday. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. 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 stock has a market capitalization of $65.10 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 1.19 and a beta of 1.47. The business’s fifty day moving average price is $192.80 and its two-hundred day moving average price is $175.05.

Capital One Financial (NYSE:COF) last released 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. The business 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%. Capital One Financial’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the firm earned $2.81 earnings per share. On average, equities analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.41%. Capital One Financial’s payout ratio is 20.71%.

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.