Abacus FCF Advisors LLC Has $4.53 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Abacus FCF Advisors LLC increased its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 46.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,384 shares of the financial services provider's stock after purchasing an additional 8,060 shares during the period. Abacus FCF Advisors LLC's holdings in Capital One Financial were worth $4,526,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Bfsg LLC bought a new stake in shares of Capital One Financial during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Capital One Financial during the 4th quarter worth about $27,000. TruNorth Capital Management LLC bought a new stake in Capital One Financial during the 4th quarter worth about $29,000. SBI Securities Co. Ltd. acquired a new position in Capital One Financial during the 4th quarter valued at about $32,000. Finally, Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial in the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Stock Down 0.7 %

Shares of NYSE:COF traded down $1.16 during midday trading on Friday, reaching $161.00. 5,339,028 shares of the company were exchanged, compared to its average volume of 3,047,057. The firm has a market cap of $61.42 billion, a PE ratio of 13.89, a P/E/G ratio of 1.19 and a beta of 1.24. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The stock has a fifty day simple moving average of $182.18 and a two-hundred day simple moving average of $179.34.

Remove Ads

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts' consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.81 earnings per share. As a group, sell-side analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is currently 20.71%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. UBS Group upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and increased their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. JPMorgan Chase & Co. cut their price target on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Robert W. Baird upgraded Capital One Financial from a "neutral" rating to an "outperform" rating and raised their price target for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and upped their price objective for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Finally, BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a report on Tuesday, March 25th. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $206.73.

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.