Dynamic Technology Lab Private Ltd Increases Holdings in Capital One Financial Co. (NYSE:COF)

Dynamic Technology Lab Private Ltd increased its stake in Capital One Financial Co. (NYSE:COF) by 238.1% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 9,750 shares of the financial services provider’s stock after buying an additional 6,866 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Capital One Financial were worth $1,739,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Norden Group LLC boosted its stake in 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 valued at $358,000 after acquiring an additional 51 shares during the last quarter. Catalyst Financial Partners LLC lifted its stake in Capital One Financial by 3.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC grew its holdings in Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after purchasing an additional 56 shares during the period. TFB Advisors LLC increased its position in Capital One Financial by 4.1% in the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock worth $265,000 after buying an additional 59 shares during the last quarter. Finally, Family Legacy Inc. increased its position in Capital One Financial by 0.8% in the fourth quarter. Family Legacy Inc. now owns 7,980 shares of the financial services provider’s stock worth $1,438,000 after buying an additional 60 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF opened at $150.19 on Friday. 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 50-day moving average price of $187.92 and a 200-day moving average price of $178.49. The company has a market cap of $57.29 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67.

Capital One Financial (NYSE:COF) last released its quarterly earnings results 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. The business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.81 EPS. As a group, equities analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.60%. Capital One Financial’s payout ratio is 20.71%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on COF shares. Barclays increased their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price for the company in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Truist Financial dropped 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 note on Friday, March 21st. Finally, Wells Fargo & Company lifted their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $207.80.

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.