Webster Bank N. A. Grows Position in Capital One Financial Co. (NYSE:COF)

Webster Bank N. A. lifted its stake in Capital One Financial Co. (NYSE:COF) by 0.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,680 shares of the financial services provider’s stock after buying an additional 116 shares during the quarter. Webster Bank N. A.’s holdings in Capital One Financial were worth $3,629,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. West Tower Group LLC purchased a new stake in Capital One Financial during the second quarter valued at $31,000. Bartlett & Co. LLC raised its stake in Capital One Financial by 726.7% during the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares in the last quarter. Resurgent Financial Advisors LLC purchased a new stake in Capital One Financial during the fourth quarter valued at $34,000. Sound Income Strategies LLC raised its stake in Capital One Financial by 109.4% during the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 139 shares in the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in Capital One Financial during the second quarter valued at $37,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on COF shares. Morgan Stanley raised shares of Capital One Financial from an “underweight” rating to an “equal weight” rating and increased their target price for the company from $87.00 to $120.00 in a research note on Wednesday, December 13th. Royal Bank of Canada increased their target price on shares of Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 21st. Evercore ISI increased their target price on shares of Capital One Financial from $142.00 to $155.00 and gave the company an “in-line” rating in a research note on Thursday, March 28th. UBS Group increased their target price on shares of Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Finally, The Goldman Sachs Group increased their target price on shares of Capital One Financial from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, December 18th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $132.45.

Read Our Latest Stock Report on COF

Capital One Financial Stock Down 0.8 %

NYSE:COF opened at $143.26 on Thursday. Capital One Financial Co. has a fifty-two week low of $83.93 and a fifty-two week high of $149.27. The stock has a market capitalization of $54.49 billion, a P/E ratio of 11.99, a P/E/G ratio of 1.25 and a beta of 1.48. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. The company’s 50-day simple moving average is $137.88 and its 200-day simple moving average is $120.52.

Capital One Financial (NYSE:COFGet Free Report) last announced its quarterly earnings data 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). The company had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.45 billion. Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. On average, equities analysts anticipate that Capital One Financial Co. will post 13.82 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.68%. The ex-dividend date was Friday, February 9th. Capital One Financial’s payout ratio is currently 20.08%.

Capital One Financial Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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