Nearwater Capital Markets Ltd Invests $14.27 Million in Capital One Financial Co. (NYSE:COF)

Nearwater Capital Markets Ltd purchased a new position in Capital One Financial Co. (NYSE:COF) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 80,000 shares of the financial services provider’s stock, valued at approximately $14,266,000.

Several other institutional investors also recently bought and sold shares of COF. Barclays PLC raised its stake in shares of Capital One Financial by 2.9% in the third quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider’s stock worth $156,058,000 after purchasing an additional 29,416 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Capital One Financial by 3.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 23,762 shares of the financial services provider’s stock valued at $4,237,000 after acquiring an additional 758 shares during the period. Czech National Bank boosted its holdings in shares of Capital One Financial by 6.3% during the 4th quarter. Czech National Bank now owns 82,717 shares of the financial services provider’s stock valued at $14,750,000 after acquiring an additional 4,929 shares during the last quarter. Fiduciary Alliance LLC bought a new stake in shares of Capital One Financial in the fourth quarter worth approximately $1,616,000. Finally, Wedmont Private Capital lifted its position in Capital One Financial by 5.9% during the fourth quarter. Wedmont Private Capital now owns 5,765 shares of the financial services provider’s stock valued at $1,011,000 after purchasing an additional 321 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

COF stock opened at $201.00 on Wednesday. The company has a market capitalization of $77.01 billion, a PE ratio of 17.34, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The company’s fifty day moving average price is $173.90 and its 200-day moving average price is $183.12. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating analysts’ consensus estimates of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. On average, equities analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Friday, May 23rd will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.19%. The ex-dividend date is Friday, May 23rd. Capital One Financial’s dividend payout ratio is presently 20.15%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Citigroup decreased their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Barclays upped their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Robert W. Baird raised shares of Capital One Financial from a “neutral” rating to an “outperform” rating and upped their target price for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Finally, Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $207.73.

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.