AIA Group Ltd Has $1.84 Million Holdings in Capital One Financial Co. (NYSE:COF)

AIA Group Ltd raised its position in Capital One Financial Co. (NYSE:COF) by 73.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,334 shares of the financial services provider’s stock after purchasing an additional 4,381 shares during the quarter. AIA Group Ltd’s holdings in Capital One Financial were worth $1,843,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of COF. Bfsg LLC bought a new stake in Capital One Financial in the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial in the fourth quarter worth $29,000. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the fourth quarter worth $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the 4th quarter valued at $32,000. 89.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperform” rating and raised their price target for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Wells Fargo & Company upped their price objective on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Royal Bank of Canada raised their target price 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. Finally, Truist Financial dropped their price target on shares of Capital One Financial from $257.00 to $215.00 and set a “buy” rating on the stock in a research report on Friday, March 21st. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and a consensus price target of $206.63.

Capital One Financial Price Performance

Capital One Financial stock opened at $179.59 on Tuesday. The company has a market capitalization of $68.48 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 1.19 and a beta of 1.47. The stock’s 50 day moving average is $190.47 and its 200-day moving average is $178.22. 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 12 month low of $128.23 and a 12 month high of $210.67.

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

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.