WINTON GROUP Ltd Purchases New Stake in Capital One Financial Co. (NYSE:COF)

WINTON GROUP Ltd purchased a new position in Capital One Financial Co. (NYSE:COF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,658 shares of the financial services provider’s stock, valued at approximately $296,000.

Other hedge funds have also recently modified their holdings of the company. Norden Group LLC grew its stake in shares of Capital One Financial by 2.6% in the fourth 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 last quarter. Catalyst Financial Partners LLC grew its position in shares of Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after buying an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC grew its position in shares of Capital One Financial by 3.3% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock worth $317,000 after buying an additional 56 shares during the last quarter. TFB Advisors LLC increased its stake in shares of Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after buying an additional 59 shares during the period. Finally, Money Concepts Capital Corp raised its holdings in shares of Capital One Financial by 4.1% during the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock valued at $279,000 after acquiring an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 2.7 %

Shares of NYSE COF opened at $173.32 on Monday. The firm’s 50 day moving average price is $190.70 and its 200-day moving average price is $177.92. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market cap of $66.09 billion, a PE ratio of 14.95, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. The company’s revenue was up 7.2% on a year-over-year basis. On average, equities research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s payout ratio is presently 20.71%.

Analysts Set New Price Targets

A number of brokerages have issued reports on COF. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Truist Financial reduced their price target on shares of Capital One Financial from $257.00 to $215.00 and set a “buy” rating on the stock in a research report on Friday, March 21st. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price objective for the company in a report on Wednesday, March 12th. Citigroup reduced their target price on Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, March 24th. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price 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.