Flputnam Investment Management Co. Increases Holdings in Capital One Financial Co. (NYSE:COF)

Flputnam Investment Management Co. increased its position in Capital One Financial Co. (NYSE:COF) by 16.8% in the 4th quarter, Holdings Channel reports. The firm owned 17,488 shares of the financial services provider’s stock after buying an additional 2,509 shares during the period. Flputnam Investment Management Co.’s holdings in Capital One Financial were worth $2,293,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Cetera Investment Advisers increased its position in Capital One Financial by 25.3% during the 1st quarter. Cetera Investment Advisers now owns 7,940 shares of the financial services provider’s stock worth $1,042,000 after purchasing an additional 1,601 shares during the period. Moors & Cabot Inc. grew its holdings in shares of Capital One Financial by 9.2% in the 1st quarter. Moors & Cabot Inc. now owns 3,979 shares of the financial services provider’s stock worth $522,000 after acquiring an additional 335 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of Capital One Financial by 11.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the financial services provider’s stock worth $388,000 after acquiring an additional 303 shares during the period. Candriam Luxembourg S.C.A. grew its holdings in shares of Capital One Financial by 4.1% in the 1st quarter. Candriam Luxembourg S.C.A. now owns 43,094 shares of the financial services provider’s stock worth $5,658,000 after acquiring an additional 1,698 shares during the period. Finally, Baird Financial Group Inc. grew its holdings in shares of Capital One Financial by 4.2% in the 1st quarter. Baird Financial Group Inc. now owns 25,248 shares of the financial services provider’s stock worth $3,315,000 after acquiring an additional 1,008 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Down 2.0 %

Shares of Capital One Financial stock opened at $136.36 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.01 and a quick ratio of 1.01. Capital One Financial Co. has a 1-year low of $83.93 and a 1-year high of $149.27. The business has a 50-day moving average of $139.00 and a 200-day moving average of $123.52. The company has a market capitalization of $51.87 billion, a PE ratio of 11.41, a P/E/G ratio of 1.00 and a beta of 1.48.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing the consensus estimate of $2.50 by ($0.26). Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.45 billion. As a group, equities analysts forecast that Capital One Financial Co. will post 13.84 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a yield of 1.76%. Capital One Financial’s dividend payout ratio is currently 20.08%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on COF shares. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a report on Wednesday, March 27th. UBS Group increased their price target on Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, February 29th. Wells Fargo & Company increased their price target on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Piper Sandler increased their price target on Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a research note on Friday, February 23rd. Finally, Royal Bank of Canada increased their price target on Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Wednesday, February 21st. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $137.05.

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.