Bridges Investment Management Inc. Sells 1,357 Shares of Capital One Financial Co. (NYSE:COF)

Bridges Investment Management Inc. lessened its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 12.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,133 shares of the financial services provider's stock after selling 1,357 shares during the quarter. Bridges Investment Management Inc.'s holdings in Capital One Financial were worth $1,629,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in COF. Bfsg LLC bought a new position in Capital One Financial during the fourth quarter worth about $27,000. TruNorth Capital Management LLC bought a new position in Capital One Financial during the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC bought a new stake in Capital One Financial in the third quarter valued at approximately $36,000. Finally, Sierra Ocean LLC acquired a new stake in Capital One Financial in the fourth quarter worth $48,000. Institutional investors own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Truist Financial upped their price objective on shares of Capital One Financial from $229.00 to $257.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and increased their price target for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. The Goldman Sachs Group increased their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. Finally, HSBC upgraded shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. Seven research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $202.27.

Capital One Financial Stock Up 0.6 %

NYSE COF traded up $1.19 during trading hours on Wednesday, hitting $186.09. 3,509,358 shares of the company traded hands, compared to its average volume of 3,507,958. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The business's 50-day moving average is $193.69 and its 200-day moving average is $173.97. The stock has a market capitalization of $70.96 billion, a price-to-earnings ratio of 16.06, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67.

Capital One Financial (NYSE:COF - Get Free Report) 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. Sell-side analysts anticipate 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 disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. Capital One Financial's dividend 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.