Capital One Financial Co. (NYSE:COF) Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S increased its position in shares of Capital One Financial Co. (NYSE:COF) by 41.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,202 shares of the financial services provider’s stock after acquiring an additional 10,024 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Capital One Financial were worth $6,099,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Norges Bank bought a new stake in Capital One Financial during the fourth quarter worth approximately $590,279,000. Egerton Capital UK LLP acquired a new stake in shares of Capital One Financial during the 4th quarter valued at $279,159,000. FMR LLC boosted its stake in shares of Capital One Financial by 21.6% during the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider’s stock worth $1,440,449,000 after acquiring an additional 1,436,935 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Capital One Financial by 38.7% in the 4th quarter. Invesco Ltd. now owns 4,117,444 shares of the financial services provider’s stock worth $734,223,000 after acquiring an additional 1,148,443 shares during the last quarter. Finally, Marshall Wace LLP raised its position in shares of Capital One Financial by 376.1% during the fourth quarter. Marshall Wace LLP now owns 1,238,883 shares of the financial services provider’s stock worth $220,918,000 after purchasing an additional 978,670 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Trading Up 1.7 %

NYSE:COF opened at $162.77 on Friday. The company has a market capitalization of $62.09 billion, a P/E ratio of 14.04, a P/E/G ratio of 1.19 and a beta of 1.24. The stock’s 50 day moving average price is $178.17 and its 200 day moving average price is $179.62. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67.

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, topping the consensus estimate 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 company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.81 EPS. On average, research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.47%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Citigroup decreased their price target on Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, March 24th. Royal Bank of Canada set a $190.00 target price on shares of Capital One Financial and gave the stock a “sector perform” rating in a research report on Monday, April 14th. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their price target for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Truist Financial lowered their price objective 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. Finally, Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $206.07.

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.