MML Investors Services LLC increased its position in shares of Capital One Financial Co. (NYSE:COF) by 8.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,463 shares of the financial services provider’s stock after acquiring an additional 2,584 shares during the period. MML Investors Services LLC’s holdings in Capital One Financial were worth $2,992,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Western Pacific Wealth Management LP bought a new stake in Capital One Financial in the third quarter worth approximately $31,000. Neo Ivy Capital Management bought a new stake in Capital One Financial in the second quarter worth $37,000. Investors Asset Management of Georgia Inc. GA ADV increased its position in Capital One Financial by 200.0% during the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 450 shares of the financial services provider’s stock worth $41,000 after buying an additional 300 shares during the last quarter. Curi Wealth Management LLC raised its holdings in Capital One Financial by 36.7% during the second quarter. Curi Wealth Management LLC now owns 641 shares of the financial services provider’s stock valued at $67,000 after buying an additional 172 shares in the last quarter. Finally, Covestor Ltd lifted its position in shares of Capital One Financial by 187.0% in the first quarter. Covestor Ltd now owns 660 shares of the financial services provider’s stock worth $87,000 after buying an additional 430 shares during the last quarter. Institutional investors and hedge funds own 88.30% of the company’s stock.
Capital One Financial Trading Up 0.1 %
Shares of COF stock opened at $109.64 on Monday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a fifty day moving average of $104.96 and a 200-day moving average of $102.89. Capital One Financial Co. has a 52-week low of $86.98 and a 52-week high of $154.33. The stock has a market cap of $41.85 billion, a price-to-earnings ratio of 6.16, a P/E/G ratio of 1.05 and a beta of 1.48.
Capital One Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, February 17th. Shareholders of record on Monday, February 6th were paid a dividend of $0.60 per share. The ex-dividend date was Friday, February 3rd. This represents a $2.40 annualized dividend and a yield of 2.19%. Capital One Financial’s dividend payout ratio is currently 13.48%.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. cut their price objective on Capital One Financial from $124.00 to $120.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 25th. BMO Capital Markets decreased their price objective on shares of Capital One Financial from $152.00 to $141.00 and set an “outperform” rating for the company in a report on Wednesday, January 25th. Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and lowered their target price for the company from $124.00 to $113.00 in a research note on Tuesday, November 15th. UBS Group assumed coverage on shares of Capital One Financial in a research report on Monday, November 21st. They set a “neutral” rating and a $120.00 target price for the company. Finally, Jefferies Financial Group lowered Capital One Financial from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $120.00 to $100.00 in a research note on Tuesday, January 10th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial has an average rating of “Hold” and an average target price of $122.71.
About Capital One Financial
Capital One Financial Corp. operates as a financial holding company. The firm engages in the provision of financial products and services. It operates through the following segments: Credit Card, Consumer Banking and Commercial Banking. The Credit Card segment includes domestic consumer and small business card lending, and international card lending businesses.
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