Capital One Financial Co. (NYSE:COF) Shares Acquired by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund grew its holdings in Capital One Financial Co. (NYSE:COF) by 22.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,645 shares of the financial services provider’s stock after acquiring an additional 13,131 shares during the period. Illinois Municipal Retirement Fund’s holdings in Capital One Financial were worth $12,954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of COF. Private Advisor Group LLC grew its stake in shares of Capital One Financial by 10.4% in the third quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock worth $1,288,000 after acquiring an additional 808 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Capital One Financial by 2.3% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,042 shares of the financial services provider’s stock worth $6,197,000 after acquiring an additional 933 shares in the last quarter. Arkadios Wealth Advisors grew its stake in shares of Capital One Financial by 3.9% in the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after acquiring an additional 66 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Capital One Financial by 7.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,004 shares of the financial services provider’s stock worth $3,444,000 after acquiring an additional 1,564 shares in the last quarter. Finally, Concord Wealth Partners grew its stake in shares of Capital One Financial by 115.3% in the third quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 173 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF opened at $193.94 on Wednesday. The company has a fifty day moving average of $192.01 and a two-hundred day moving average of $171.88. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market capitalization of $73.96 billion, a PE ratio of 16.73, a P/E/G ratio of 1.19 and a beta of 1.47.

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

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.24%. Capital One Financial’s payout ratio is 20.71%.

Analysts Set New Price Targets

A number of brokerages recently commented on COF. The Goldman Sachs Group boosted their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. boosted their target price 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. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Finally, Royal Bank of Canada boosted their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd. Seven analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.27.

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.