Citizens Financial Group Inc. RI Purchases New Position in Capital One Financial Co. (NYSE:COF)

Citizens Financial Group Inc. RI purchased a new stake in Capital One Financial Co. (NYSE:COF) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,126 shares of the financial services provider’s stock, valued at approximately $541,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Householder Group Estate & Retirement Specialist LLC boosted its holdings in Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 199 shares in the last quarter. Bartlett & Co. LLC raised its position in Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares during the last quarter. Sound Income Strategies LLC raised its position in Capital One Financial by 109.4% in the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 139 shares during the last quarter. Venturi Wealth Management LLC raised its position in Capital One Financial by 66.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 157 shares during the last quarter. Finally, MV Capital Management Inc. raised its position in Capital One Financial by 43.9% in the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 105 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on COF. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a research report on Wednesday, March 27th. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target for the company in a research report on Thursday, April 4th. Barclays upped their price target on shares of Capital One Financial from $114.00 to $154.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 2nd. Evercore ISI upped their price target on shares of Capital One Financial from $142.00 to $155.00 and gave the company an “in-line” rating in a research report on Thursday, March 28th. Finally, JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research report on Wednesday, April 3rd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $137.05.

Capital One Financial Stock Performance

NYSE:COF opened at $146.21 on Friday. 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 fifty-two week low of $83.93 and a fifty-two week high of $149.94. The stock has a market cap of $55.62 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 1.05 and a beta of 1.48. The firm’s fifty day simple moving average is $140.47 and its 200-day simple moving average is $126.15.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.85% and a net margin of 10.19%. The company had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. During the same period last year, the company earned $2.31 earnings per share. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. Analysts expect that Capital One Financial Co. will post 13.78 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were paid a $0.60 dividend. The ex-dividend date was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a yield of 1.64%. Capital One Financial’s payout ratio is 18.79%.

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.