Ethic Inc. Increases Position in Capital One Financial Co. (NYSE:COF)

Ethic Inc. boosted its holdings in Capital One Financial Co. (NYSE:COF) by 15.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 31,037 shares of the financial services provider’s stock after buying an additional 4,121 shares during the period. Ethic Inc.’s holdings in Capital One Financial were worth $5,535,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of COF. Bfsg LLC purchased a new stake in shares of Capital One Financial during the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial during the 4th quarter valued at approximately $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $29,000. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial in the fourth quarter worth $32,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial during the fourth quarter worth $32,000. 89.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Citigroup decreased their price target on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, March 24th. Royal Bank of Canada set a $190.00 target price on Capital One Financial and gave the stock a “sector perform” rating in a research report on Monday, April 14th. Barclays raised their price target on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Wells Fargo & Company upped their price objective on Capital One Financial from $210.00 to $225.00 and gave the stock an “overweight” rating in a report on Thursday, April 24th. Finally, Evercore ISI raised shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price for the company in a report on Wednesday, March 12th. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $207.73.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $187.68 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. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a market capitalization of $71.60 billion, a price-to-earnings ratio of 16.19, a PEG ratio of 1.19 and a beta of 1.13. The firm’s 50-day moving average is $173.12 and its 200 day moving average is $182.32.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating analysts’ consensus estimates of $3.75 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 billion for the quarter, compared to analysts’ expectations of $10.07 billion. Research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be paid a $0.60 dividend. The ex-dividend date is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.28%. Capital One Financial’s payout ratio is 20.15%.

Capital One Financial 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.