Fisher Asset Management LLC Has $1.25 Billion Stock Position in Capital One Financial Co. (NYSE:COF)

Fisher Asset Management LLC lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 0.5% during the fourth quarter, HoldingsChannel reports. The fund owned 9,542,868 shares of the financial services provider’s stock after selling 44,308 shares during the quarter. Fisher Asset Management LLC’s holdings in Capital One Financial were worth $1,251,261,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Householder Group Estate & Retirement Specialist LLC boosted its stake in 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 buying an additional 199 shares in the last quarter. Bartlett & Co. LLC increased its position in Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 218 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after buying an additional 139 shares in the last quarter. Venturi Wealth Management LLC increased its stake in shares of Capital One Financial by 66.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 157 shares in the last quarter. Finally, MV Capital Management Inc. raised its holdings in shares of Capital One Financial by 43.9% during the fourth quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 105 shares during the period. 89.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on COF shares. JPMorgan Chase & Co. increased their price target on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a report on Wednesday, April 3rd. 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. Royal Bank of Canada lifted their price objective 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. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Capital One Financial in a research note on Wednesday, January 10th. They issued a “hold” rating and a $153.00 price target for the company. Finally, Wolfe Research raised shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective for the company in a report on Thursday, April 4th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $138.50.

Capital One Financial Stock Up 0.1 %

NYSE:COF traded up $0.19 during trading hours on Thursday, reaching $141.83. 466,339 shares of the company traded hands, compared to its average volume of 2,678,046. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $149.94. The stock has a market capitalization of $53.95 billion, a P/E ratio of 11.09, a P/E/G ratio of 1.04 and a beta of 1.46. The business’s 50-day moving average price is $140.89 and its two-hundred day moving average price is $127.13. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The firm had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.35 billion. Capital One Financial had a return on equity of 9.74% and a net margin of 10.19%. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.31 EPS. Analysts predict that Capital One Financial Co. will post 13.7 earnings per share for the current year.

About Capital One Financial

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.