Allianz SE Purchases Shares of 1,150 Capital One Financial Co. (NYSE:COF)

Allianz SE acquired a new position in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,150 shares of the financial services provider’s stock, valued at approximately $205,000.

Other large investors have also recently modified their holdings of the company. Intech Investment Management LLC purchased a new position in Capital One Financial in the 3rd quarter worth approximately $248,000. Quantbot Technologies LP increased its stake in shares of Capital One Financial by 286.7% in the third quarter. Quantbot Technologies LP now owns 6,380 shares of the financial services provider’s stock worth $955,000 after buying an additional 4,730 shares during the period. CreativeOne Wealth LLC raised its holdings in Capital One Financial by 16.7% during the 3rd quarter. CreativeOne Wealth LLC now owns 2,087 shares of the financial services provider’s stock valued at $313,000 after buying an additional 298 shares during the last quarter. Captrust Financial Advisors boosted its position in Capital One Financial by 7.7% during the 3rd quarter. Captrust Financial Advisors now owns 43,250 shares of the financial services provider’s stock valued at $6,476,000 after buying an additional 3,081 shares during the period. Finally, Kestra Investment Management LLC bought a new stake in Capital One Financial in the 3rd quarter worth $361,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on COF. Royal Bank of Canada upped their price objective 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. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. BTIG Research upgraded Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price objective on the stock in a research report on Tuesday, March 25th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Finally, HSBC upgraded 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 report on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $206.63.

Capital One Financial Price Performance

Shares of NYSE COF opened at $179.59 on Tuesday. The company has a 50 day simple moving average of $190.47 and a two-hundred day simple moving average of $178.22. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The company has a market capitalization of $68.48 billion, a price-to-earnings ratio of 15.50, 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 quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data 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 business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. Analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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