PGGM Investments Invests $178,000 in Capital One Financial Co. (NYSE:COF)

PGGM Investments bought a new stake in shares of Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,357 shares of the financial services provider’s stock, valued at approximately $178,000.

Several other hedge funds also recently added to or reduced their stakes in COF. Householder Group Estate & Retirement Specialist LLC grew its stake in shares of Capital One Financial by 1,658.3% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 199 shares during the last quarter. Bartlett & Co. LLC boosted its stake in Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares in the last quarter. Sound Income Strategies LLC boosted its stake in Capital One Financial by 109.4% in the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 139 shares in the last quarter. Venturi Wealth Management LLC grew its position in Capital One Financial by 66.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 157 shares during the last quarter. Finally, MV Capital Management Inc. increased its stake in Capital One Financial by 43.9% during the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 105 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Price Performance

Capital One Financial stock opened at $145.50 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.00 and a current ratio of 1.01. The company’s fifty day moving average price is $140.63 and its 200 day moving average price is $126.69. The stock has a market capitalization of $55.35 billion, a P/E ratio of 11.39, a P/E/G ratio of 1.05 and a beta of 1.48. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $149.94.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The company had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $9.35 billion. During the same period in the prior year, the firm earned $2.31 EPS. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. As a group, equities research analysts anticipate that Capital One Financial Co. will post 13.78 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.65%. The ex-dividend date was Friday, February 9th. Capital One Financial’s payout ratio is 18.79%.

Analyst Ratings Changes

Several research firms have recently commented on COF. Royal Bank of Canada lifted their price objective on shares of 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. Piper Sandler lifted their price target on Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a research report on Friday, February 23rd. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective on the stock in a report on Thursday, April 4th. Wells Fargo & Company raised their price objective 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. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $159.00 price objective on shares of Capital One Financial in a research note on Wednesday, March 27th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $138.50.

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.