Bailard Inc. Has $7.31 Million Position in Capital One Financial Co. (NYSE:COF)

Bailard Inc. grew its position in shares of Capital One Financial Co. (NYSE:COF) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,003 shares of the financial services provider’s stock after acquiring an additional 737 shares during the quarter. Bailard Inc.’s holdings in Capital One Financial were worth $7,312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Bfsg LLC purchased a new position in Capital One Financial during the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Capital One Financial during the 4th quarter worth $27,000. TruNorth Capital Management LLC purchased a new position in Capital One Financial during the 4th quarter worth $29,000. Decker Retirement Planning Inc. purchased a new position in Capital One Financial during the 4th quarter worth $32,000. Finally, Catalyst Capital Advisors LLC purchased a new position in Capital One Financial during the 3rd quarter worth $36,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on COF. Barclays lifted their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. The Goldman Sachs Group increased their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $202.27.

Capital One Financial Price Performance

NYSE COF opened at $200.57 on Friday. The company has a market cap of $76.48 billion, a PE ratio of 17.31, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. 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’s 50-day simple moving average is $193.32 and its two-hundred day simple moving average is $172.97.

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, topping 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 in the prior year, the firm posted $2.81 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Tuesday, February 18th. 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.