Alliancebernstein L.P. Has $335.32 Million Position in Capital One Financial Co. (NYSE:COF)

Alliancebernstein L.P. grew its position in Capital One Financial Co. (NYSE:COF) by 8.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,880,446 shares of the financial services provider’s stock after purchasing an additional 140,411 shares during the period. Alliancebernstein L.P. owned about 0.49% of Capital One Financial worth $335,321,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. AIA Group Ltd boosted its position in Capital One Financial by 73.6% in the fourth quarter. AIA Group Ltd now owns 10,334 shares of the financial services provider’s stock valued at $1,843,000 after buying an additional 4,381 shares in the last quarter. Venator Management LLC boosted its holdings in shares of Capital One Financial by 7.4% in the 4th quarter. Venator Management LLC now owns 50,075 shares of the financial services provider’s stock worth $8,929,000 after acquiring an additional 3,450 shares in the last quarter. Partners in Financial Planning bought a new stake in Capital One Financial during the 4th quarter worth approximately $269,000. O Shaughnessy Asset Management LLC increased its holdings in Capital One Financial by 5.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 139,408 shares of the financial services provider’s stock valued at $24,859,000 after purchasing an additional 6,920 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in Capital One Financial by 1.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 17,108 shares of the financial services provider’s stock valued at $3,082,000 after purchasing an additional 174 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Citigroup reduced their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a research report on Monday, March 24th. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their price target for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Finally, 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 report on Friday, January 3rd. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $206.63.

Capital One Financial Price Performance

COF opened at $179.59 on Tuesday. The stock has a market cap of $68.48 billion, a P/E ratio of 15.50, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a fifty day simple moving average of $190.47 and a 200 day simple moving average of $178.22.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping 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 company 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 earnings per share. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. On average, research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.34%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is 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.