Amundi Boosts Stock Holdings in Capital One Financial Co. (NYSE:COF)

Amundi raised its holdings in Capital One Financial Co. (NYSE:COF) by 56.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 967,733 shares of the financial services provider’s stock after purchasing an additional 347,707 shares during the quarter. Amundi owned 0.25% of Capital One Financial worth $174,327,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norden Group LLC boosted 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 valued at $358,000 after buying an additional 51 shares in the last quarter. Catalyst Financial Partners LLC lifted its holdings 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 acquiring an additional 54 shares during the period. Gladstone Institutional Advisory LLC boosted its position in shares of Capital One Financial by 3.3% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock worth $317,000 after purchasing an additional 56 shares in the last quarter. TFB Advisors LLC grew its stake in shares of Capital One Financial by 4.1% during the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock worth $265,000 after purchasing an additional 59 shares during the period. Finally, Money Concepts Capital Corp increased its holdings in shares of Capital One Financial by 4.1% in the 4th quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock valued at $279,000 after purchasing an additional 61 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Down 1.8 %

Shares of COF opened at $173.00 on Monday. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The company’s fifty day moving average is $193.50 and its two-hundred day moving average is $174.75. The firm has a market cap of $65.97 billion, a PE ratio of 14.93, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. 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 (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.81 earnings per share. Analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.39%. Capital One Financial’s payout ratio is 20.71%.

Analyst Ratings Changes

COF has been the topic of several recent analyst reports. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Barclays upped their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $168.00 to $235.00 in a report on Monday, January 13th. The Goldman Sachs Group upped their target price on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, Royal Bank of Canada raised their price target on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Seven equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $202.27.

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.