Venator Management LLC Grows Stake in Capital One Financial Co. (NYSE:COF)

Venator Management LLC lifted its holdings in Capital One Financial Co. (NYSE:COF) by 7.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,075 shares of the financial services provider’s stock after purchasing an additional 3,450 shares during the quarter. Capital One Financial comprises about 2.6% of Venator Management LLC’s portfolio, making the stock its 13th biggest position. Venator Management LLC’s holdings in Capital One Financial were worth $8,929,000 at the end of the most recent quarter.

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

Capital One Financial Stock Down 2.7 %

Capital One Financial stock opened at $173.32 on Monday. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The stock has a market capitalization of $66.09 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. 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 business has a 50 day simple moving average of $190.70 and a 200-day simple moving average of $177.92.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. Investors of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is presently 20.71%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on COF shares. Barclays boosted their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. 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 research note on Tuesday, January 14th. Royal Bank of Canada upped their target price on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Robert W. Baird raised shares of Capital One Financial from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. Finally, Citigroup cut their price objective on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, March 24th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $206.63.

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.