New York State Common Retirement Fund Has $88.95 Million Stock Position in Capital One Financial Co. (NYSE:COF)

New York State Common Retirement Fund increased its stake in shares of Capital One Financial Co. (NYSE:COF) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 498,843 shares of the financial services provider’s stock after buying an additional 5,800 shares during the period. New York State Common Retirement Fund owned 0.13% of Capital One Financial worth $88,954,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. lifted its position in Capital One Financial by 5.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after purchasing an additional 7,331 shares during the period. Principal Financial Group Inc. increased its stake in shares of Capital One Financial by 4.3% in the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock valued at $64,482,000 after acquiring an additional 17,825 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Capital One Financial by 4.5% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock valued at $8,234,000 after acquiring an additional 2,006 shares during the last quarter. Catalina Capital Group LLC increased its stake in shares of Capital One Financial by 8.1% in the 3rd quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock valued at $241,000 after acquiring an additional 121 shares during the last quarter. Finally, CWA Asset Management Group LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at about $1,649,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of recent analyst reports. Royal Bank of Canada upped their price target on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Barclays upped their price target on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Evercore ISI upped their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price for the company in a research note on Tuesday, January 14th. Finally, Wells Fargo & Company increased their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Eight equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $198.50.

Capital One Financial Trading Up 3.5 %

NYSE:COF opened at $209.98 on Thursday. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.10. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The business has a 50 day moving average price of $190.72 and a two-hundred day moving average price of $169.75. The company has a market cap of $80.05 billion, a P/E ratio of 18.12, a price-to-earnings-growth ratio of 1.17 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.81 EPS. As a group, analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s payout ratio is presently 20.71%.

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.