RWC Asset Management LLP Takes Position in Capital One Financial Co. (NYSE:COF)

RWC Asset Management LLP purchased a new stake in Capital One Financial Co. (NYSE:COF) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,716 shares of the financial services provider’s stock, valued at approximately $487,000.

A number of other large investors have also made changes to their positions in COF. Householder Group Estate & Retirement Specialist LLC grew its position in shares of Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 199 shares in the last quarter. Bartlett & Co. LLC grew its position in Capital One Financial by 726.7% in the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares during the period. Sound Income Strategies LLC grew its position in Capital One Financial by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 139 shares during the period. Venturi Wealth Management LLC grew its position in Capital One Financial by 66.5% in the third quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 157 shares during the period. Finally, MV Capital Management Inc. grew its position in Capital One Financial by 43.9% in the fourth quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 105 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 0.2 %

Shares of NYSE COF traded up $0.24 during mid-day trading on Friday, hitting $146.21. The company had a trading volume of 4,328,677 shares, compared to its average volume of 2,287,948. The company has a market capitalization of $55.62 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 1.05 and a beta of 1.48. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.01 and a quick ratio of 1.01. Capital One Financial Co. has a 1-year low of $83.93 and a 1-year high of $149.94. The business’s 50-day simple moving average is $140.47 and its 200 day simple moving average is $125.94.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.25 by ($0.04). The company had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.85%. The firm’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.31 earnings per share. On average, analysts predict that Capital One Financial Co. will post 13.79 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date was Friday, February 9th. Capital One Financial’s dividend payout ratio is presently 18.79%.

Analysts Set New Price Targets

COF has been the subject of several analyst reports. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 3rd. Evercore ISI increased their price objective on Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research report on Thursday, March 28th. UBS Group increased their price objective on Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, February 29th. Royal Bank of Canada increased their price objective on Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 21st. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $159.00 price objective on shares of Capital One Financial in a research report 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $137.05.

Capital One Financial 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.