Keel Point LLC Invests $243,000 in Capital One Financial Co. (NYSE:COF)

Keel Point LLC bought a new stake in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,855 shares of the financial services provider’s stock, valued at approximately $243,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Capital One Financial during the 4th quarter worth about $318,480,000. First Trust Advisors LP grew its holdings in shares of Capital One Financial by 603.3% during the first quarter. First Trust Advisors LP now owns 1,731,554 shares of the financial services provider’s stock worth $227,336,000 after purchasing an additional 1,485,339 shares during the last quarter. Pzena Investment Management LLC increased its position in shares of 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 worth $740,199,000 after purchasing an additional 585,797 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Capital One Financial by 38.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,341,798 shares of the financial services provider’s stock valued at $124,734,000 after purchasing an additional 369,649 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in shares of Capital One Financial by 10.6% in the 4th 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 last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on the company. Citigroup lifted their price target on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Royal Bank of Canada lifted their target price on shares of Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a report on Wednesday, February 21st. 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. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Capital One Financial in a research report on Wednesday, January 10th. They set a “hold” rating and a $153.00 price objective on the stock. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. 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. According to MarketBeat.com, Capital One Financial presently has a consensus rating of “Hold” and an average price target of $137.05.

Capital One Financial Price Performance

Capital One Financial stock opened at $136.36 on Wednesday. The company has a market cap of $51.87 billion, a P/E ratio of 11.41, a price-to-earnings-growth ratio of 1.00 and a beta of 1.48. Capital One Financial Co. has a one year low of $83.93 and a one year high of $149.27. The business has a fifty day moving average of $139.00 and a two-hundred day moving average of $123.52. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data 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). The company had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.45 billion. Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. As a group, analysts predict that Capital One Financial Co. will post 13.84 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, February 9th. This represents a $2.40 annualized dividend and a yield of 1.76%. Capital One Financial’s dividend payout ratio is presently 20.08%.

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.