Mesirow Financial Investment Management Inc. Acquires 141 Shares of Capital One Financial Co. (NYSE:COF)

Mesirow Financial Investment Management Inc. raised its holdings in shares of Capital One Financial Co. (NYSE:COF) by 8.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,745 shares of the financial services provider’s stock after acquiring an additional 141 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Capital One Financial were worth $311,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Edgestream Partners L.P. acquired a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $633,000. Callan Family Office LLC lifted its holdings in shares of Capital One Financial by 639.7% during the fourth quarter. Callan Family Office LLC now owns 23,669 shares of the financial services provider’s stock worth $4,221,000 after buying an additional 20,469 shares in the last quarter. Candriam S.C.A. lifted its holdings in shares of Capital One Financial by 12.4% during the fourth quarter. Candriam S.C.A. now owns 38,510 shares of the financial services provider’s stock worth $6,867,000 after buying an additional 4,248 shares in the last quarter. Vestmark Advisory Solutions Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter worth $655,000. Finally, Raymond James Financial Inc. bought a new position in shares of Capital One Financial in the fourth quarter worth $115,091,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Performance

Shares of COF stock opened at $173.00 on Monday. The business’s 50-day moving average price is $193.50 and its 200-day moving average price is $174.75. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The firm has a market capitalization of $65.97 billion, a price-to-earnings ratio of 14.93, a PEG ratio of 1.19 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating 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 analyst estimates of $10.22 billion. During the same period last year, the firm posted $2.81 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed 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 dividend yield of 1.39%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on COF. Royal Bank of Canada raised their price target on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods raised their price target on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research report on Tuesday, January 14th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Finally, Argus upgraded Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Seven research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $202.27.

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.