Capital One Financial Co. (NYSE:COF) Shares Purchased by Bison Wealth LLC

Bison Wealth LLC lifted its holdings in Capital One Financial Co. (NYSE:COF) by 2.8% during the fourth quarter, Holdings Channel reports. The fund owned 9,974 shares of the financial services provider’s stock after buying an additional 273 shares during the quarter. Bison Wealth LLC’s holdings in Capital One Financial were worth $1,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Pzena Investment Management LLC grew its position in Capital One Financial by 8.3% during the third quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock valued at $740,199,000 after buying an additional 585,797 shares during the period. Geode Capital Management LLC grew its position in shares of Capital One Financial by 1.2% in the first quarter. Geode Capital Management LLC now owns 6,838,226 shares of the financial services provider’s stock valued at $656,327,000 after purchasing an additional 78,994 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Capital One Financial by 1.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 5,413,955 shares of the financial services provider’s stock valued at $710,798,000 after purchasing an additional 95,770 shares during the period. Northern Trust Corp grew its position in shares of Capital One Financial by 2.6% in the third quarter. Northern Trust Corp now owns 3,954,877 shares of the financial services provider’s stock valued at $383,821,000 after purchasing an additional 99,915 shares during the period. Finally, Morgan Stanley grew its position in shares of Capital One Financial by 10.6% in the fourth quarter. Morgan Stanley now owns 3,785,441 shares of the financial services provider’s stock valued at $351,895,000 after purchasing an additional 362,071 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Down 0.3 %

NYSE COF opened at $139.18 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.85. Capital One Financial Co. has a 52 week low of $83.93 and a 52 week high of $149.27. The stock has a market capitalization of $52.94 billion, a PE ratio of 11.65, a price-to-earnings-growth ratio of 1.00 and a beta of 1.48. The firm has a 50 day moving average of $138.96 and a two-hundred day moving average of $123.24.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing the consensus estimate of $2.50 by ($0.26). Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. The firm had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.45 billion. As a group, research analysts expect that Capital One Financial Co. will post 13.84 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.72%. The ex-dividend date was Friday, February 9th. Capital One Financial’s payout ratio is 20.08%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on COF. The Goldman Sachs Group lifted their target price on shares of Capital One Financial from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, December 18th. Citigroup lifted their target price on shares of Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, February 23rd. Robert W. Baird downgraded shares of Capital One Financial from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $150.00 to $145.00 in a research note on Monday, January 8th. Evercore ISI lifted their target price on shares of Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, March 28th. Finally, Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a research note on Wednesday, March 27th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $137.05.

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.