New York Life Investment Management LLC Has $10.11 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

New York Life Investment Management LLC boosted its position in Capital One Financial Co. (NYSE:COF) by 0.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 56,675 shares of the financial services provider’s stock after purchasing an additional 111 shares during the period. New York Life Investment Management LLC’s holdings in Capital One Financial were worth $10,106,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of COF. Bfsg LLC acquired a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC bought a new stake in Capital One Financial in the 4th quarter valued at $29,000. Decker Retirement Planning Inc. acquired a new stake in Capital One Financial during the 4th quarter valued at $32,000. Catalyst Capital Advisors LLC bought a new position in Capital One Financial during the third quarter worth $36,000. Finally, Sierra Ocean LLC acquired a new position in shares of Capital One Financial in the fourth quarter valued at $48,000. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the subject of a number of research reports. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods lifted their price target on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Finally, Argus upgraded Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $202.27.

Capital One Financial Trading Up 0.1 %

COF opened at $197.00 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The stock has a market capitalization of $75.12 billion, a price-to-earnings ratio of 17.00, a P/E/G ratio of 1.19 and a beta of 1.47. The company has a 50-day simple moving average of $192.88 and a 200 day simple moving average of $172.23.

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 (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 business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the business posted $2.81 EPS. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts predict that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. Capital One Financial’s payout ratio is 20.71%.

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.