Jones Financial Companies Lllp Boosts Stock Position in Capital One Financial Co. (NYSE:COF)

Jones Financial Companies Lllp increased its position in shares of Capital One Financial Co. (NYSE:COF) by 38.7% in the fourth quarter, HoldingsChannel reports. The firm owned 56,260 shares of the financial services provider’s stock after acquiring an additional 15,704 shares during the quarter. Jones Financial Companies Lllp’s holdings in Capital One Financial were worth $10,032,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of COF. Modera Wealth Management LLC boosted its holdings in shares of Capital One Financial by 19.1% in the 4th quarter. Modera Wealth Management LLC now owns 2,932 shares of the financial services provider’s stock valued at $523,000 after acquiring an additional 471 shares during the last quarter. SRS Capital Advisors Inc. lifted its position in Capital One Financial by 1,012.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 3,681 shares of the financial services provider’s stock valued at $657,000 after purchasing an additional 3,350 shares during the period. Bailard Inc. boosted its holdings in Capital One Financial by 1.8% in the fourth quarter. Bailard Inc. now owns 41,003 shares of the financial services provider’s stock valued at $7,312,000 after purchasing an additional 737 shares during the last quarter. Norden Group LLC grew its position in Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock worth $358,000 after purchasing an additional 51 shares during the period. Finally, MMA Asset Management LLC purchased a new position in shares of Capital One Financial during the 4th quarter valued at about $380,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Wells Fargo & Company raised their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Barclays boosted their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Seven 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 company. Based on data from MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average target price of $202.27.

Capital One Financial Trading Down 2.2 %

COF stock opened at $196.08 on Tuesday. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The business’s 50-day moving average is $193.64 and its 200 day moving average is $173.65. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market cap of $74.77 billion, a price-to-earnings ratio of 16.92, a PEG ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data 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. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter last year, the business posted $2.81 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Capital One Financial 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.