Hosking Partners LLP Grows Position in Capital One Financial Co. (NYSE:COF)

Hosking Partners LLP grew its stake in Capital One Financial Co. (NYSE:COF) by 6.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 309,348 shares of the financial services provider’s stock after buying an additional 19,399 shares during the period. Capital One Financial accounts for 2.2% of Hosking Partners LLP’s holdings, making the stock its 12th biggest position. Hosking Partners LLP owned 0.08% of Capital One Financial worth $55,163,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in COF. Bfsg LLC purchased a new position in Capital One Financial in the 4th quarter worth $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial in the fourth quarter valued at about $29,000. Decker Retirement Planning Inc. acquired a new position in shares of Capital One Financial in the fourth quarter valued at about $32,000. Catalyst Capital Advisors LLC purchased a new position in shares of Capital One Financial in the third quarter worth about $36,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 166 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on COF shares. Royal Bank of Canada increased their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Wells Fargo & Company raised their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Keefe, Bruyette & Woods upped their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Finally, Argus raised Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Stock Performance

NYSE COF opened at $197.00 on Friday. The stock has a market capitalization of $75.12 billion, a price-to-earnings ratio of 17.00, a PEG ratio of 1.19 and a beta of 1.47. The stock has a 50-day moving average of $192.88 and a 200 day moving average of $172.23. 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 twelve month low of $128.23 and a twelve month high of $210.67.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 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 $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the firm posted $2.81 EPS. The business’s revenue was up 7.2% on a year-over-year basis. Sell-side analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

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.