Metis Global Partners LLC Boosts Stake in Capital One Financial Co. (NYSE:COF)

Metis Global Partners LLC lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,997 shares of the financial services provider’s stock after acquiring an additional 148 shares during the quarter. Metis Global Partners LLC’s holdings in Capital One Financial were worth $3,031,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. FMR LLC lifted its stake in Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after buying an additional 1,169,395 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Capital One Financial in the 4th quarter valued at about $130,683,000. Wellington Management Group LLP lifted its stake in Capital One Financial by 268.7% in the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after buying an additional 710,881 shares in the last quarter. Southpoint Capital Advisors LP purchased a new position in Capital One Financial in the 3rd quarter valued at about $104,811,000. Finally, KBC Group NV lifted its stake in Capital One Financial by 282.2% in the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock valued at $111,177,000 after buying an additional 460,339 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on COF. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research note on Tuesday, January 14th. Royal Bank of Canada raised their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Barclays raised their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Finally, Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $202.27.

Capital One Financial Stock Up 1.8 %

Shares of NYSE COF opened at $200.57 on Friday. The company has a 50 day simple moving average of $193.32 and a 200-day simple moving average of $172.97. The company has a market capitalization of $76.48 billion, a P/E ratio of 17.31, a P/E/G ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.81 EPS. On average, equities research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.20%. Capital One Financial’s dividend payout ratio is currently 20.71%.

About Capital One Financial

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.