Capital One Financial Co. (NYSE:COF) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC boosted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 29.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 84,738 shares of the financial services provider’s stock after purchasing an additional 19,520 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Capital One Financial were worth $11,111,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of COF. Cetera Investment Advisers grew its position in Capital One Financial by 25.3% during the 1st quarter. Cetera Investment Advisers now owns 7,940 shares of the financial services provider’s stock worth $1,042,000 after purchasing an additional 1,601 shares during the last quarter. Moors & Cabot Inc. grew its position in Capital One Financial by 9.2% during the 1st quarter. Moors & Cabot Inc. now owns 3,979 shares of the financial services provider’s stock worth $522,000 after purchasing an additional 335 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in Capital One Financial by 11.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the financial services provider’s stock worth $388,000 after purchasing an additional 303 shares during the last quarter. Candriam Luxembourg S.C.A. grew its position in Capital One Financial by 4.1% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 43,094 shares of the financial services provider’s stock worth $5,658,000 after purchasing an additional 1,698 shares during the last quarter. Finally, Baird Financial Group Inc. grew its position in Capital One Financial by 4.2% during the 1st quarter. Baird Financial Group Inc. now owns 25,248 shares of the financial services provider’s stock worth $3,315,000 after purchasing an additional 1,008 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

NYSE:COF opened at $136.36 on Wednesday. The firm has a 50 day simple moving average of $139.00 and a 200-day simple moving average of $123.52. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market cap of $51.87 billion, a PE ratio of 11.41, a P/E/G ratio of 1.00 and a beta of 1.48. Capital One Financial Co. has a 1-year low of $83.93 and a 1-year high of $149.27.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). The firm had revenue of $9.51 billion during the quarter, compared to analyst estimates 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 expect that Capital One Financial Co. will post 13.84 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date was Friday, February 9th. Capital One Financial’s dividend payout ratio is presently 20.08%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on COF shares. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a report on Wednesday, April 3rd. Royal Bank of Canada lifted 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 report on Wednesday, February 21st. Piper Sandler lifted their target price on shares of Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a report on Friday, February 23rd. Robert W. Baird downgraded shares of Capital One Financial from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $150.00 to $145.00 in a report on Monday, January 8th. Finally, Citigroup lifted their target price on shares of Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a report on Friday, February 23rd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $137.05.

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.