Fulton Breakefield Broenniman LLC Buys Shares of 1,919 Capital One Financial Co. (NYSE:COF)

Fulton Breakefield Broenniman LLC bought a new stake in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 1,919 shares of the financial services provider’s stock, valued at approximately $252,000.

Several other hedge funds have also recently bought and sold shares of the company. Pzena Investment Management LLC increased its holdings in Capital One Financial by 8.3% in the 3rd quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock valued at $740,199,000 after buying an additional 585,797 shares during the period. Northern Trust Corp boosted its position in Capital One Financial by 2.6% during the 3rd quarter. Northern Trust Corp now owns 3,954,877 shares of the financial services provider’s stock worth $383,821,000 after buying an additional 99,915 shares during the period. Bank of New York Mellon Corp boosted its position in Capital One Financial by 3.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,096,708 shares of the financial services provider’s stock worth $300,536,000 after buying an additional 93,203 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Capital One Financial by 1.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock worth $242,471,000 after buying an additional 40,585 shares during the period. Finally, Wellington Management Group LLP boosted its position in Capital One Financial by 37.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,184,671 shares of the financial services provider’s stock worth $114,972,000 after buying an additional 324,095 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Performance

Shares of NYSE:COF traded up $0.24 during midday trading on Friday, reaching $146.21. The company had a trading volume of 4,328,677 shares, compared to its average volume of 2,287,948. The company’s 50 day moving average price is $140.47 and its 200 day moving average price is $125.94. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. The stock has a market cap of $55.62 billion, a P/E ratio of 11.45, a P/E/G ratio of 1.05 and a beta of 1.48. Capital One Financial Co. has a 52-week low of $83.93 and a 52-week high of $149.94.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The company had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.35 billion. Capital One Financial had a return on equity of 9.85% and a net margin of 10.19%. Capital One Financial’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period last year, the firm posted $2.31 earnings per share. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 13.79 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on COF shares. UBS Group lifted their target price on shares of Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, February 29th. Wells Fargo & Company boosted their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target for the company in a research note on Thursday, April 4th. Evercore ISI boosted their price target 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. Finally, Keefe, Bruyette & Woods restated an “outperform” rating and set a $159.00 price target on shares of Capital One Financial in a research note on Wednesday, March 27th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price 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.