Capital One Financial Co. (NYSE:COF) Stock Position Raised by RNC Capital Management LLC

RNC Capital Management LLC lifted its stake in shares of Capital One Financial Co. (NYSE:COF) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 290,425 shares of the financial services provider’s stock after acquiring an additional 18,480 shares during the quarter. Capital One Financial accounts for 2.3% of RNC Capital Management LLC’s portfolio, making the stock its 22nd largest holding. RNC Capital Management LLC owned 0.08% of Capital One Financial worth $38,081,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of COF. West Tower Group LLC bought a new stake in shares of Capital One Financial during the 2nd quarter worth $31,000. Bartlett & Co. LLC boosted its stake in shares of Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares in the last quarter. Resurgent Financial Advisors LLC acquired a new stake in shares of Capital One Financial in the fourth quarter worth $34,000. Sound Income Strategies LLC boosted its position in shares of Capital One Financial by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after buying an additional 139 shares during the period. Finally, Neo Ivy Capital Management acquired a new stake in shares of Capital One Financial in the second quarter worth $37,000. 89.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Morgan Stanley raised Capital One Financial from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $87.00 to $120.00 in a research report on Wednesday, December 13th. Deutsche Bank Aktiengesellschaft assumed coverage on Capital One Financial in a research report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 target price for the company. Barclays raised their target price on Capital One Financial from $114.00 to $154.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $131.00 to $134.00 and gave the stock a “neutral” rating in a report on Friday, January 26th. Finally, Evercore ISI reiterated an “in-line” rating and set a $142.00 price objective (down from $160.00) on shares of Capital One Financial in a report on Thursday, February 22nd. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $130.90.

Capital One Financial Trading Up 2.7 %

Shares of NYSE:COF opened at $144.57 on Thursday. The company has a market cap of $54.99 billion, a P/E ratio of 12.10, a P/E/G ratio of 1.21 and a beta of 1.47. The stock’s 50-day moving average is $136.00 and its 200-day moving average is $118.94. Capital One Financial Co. has a 52-week low of $83.93 and a 52-week high of $144.57. 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 issued its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.50 by ($0.26). The business 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%. Equities research analysts predict that Capital One Financial Co. will post 13.82 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend was Friday, February 9th. Capital One Financial’s dividend payout ratio is currently 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.