Montag A & Associates Inc. lifted its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 143.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,508 shares of the financial services provider's stock after purchasing an additional 2,066 shares during the period. Montag A & Associates Inc.'s holdings in Capital One Financial were worth $626,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new stake in Capital One Financial in the fourth quarter worth about $32,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the third quarter valued at about $36,000. Creative Financial Designs Inc. ADV lifted its position in shares of Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock valued at $43,000 after buying an additional 166 shares during the last quarter. Eastern Bank purchased a new stake in shares of Capital One Financial during the third quarter valued at about $44,000. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Capital One Financial during the third quarter valued at about $47,000. 89.84% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have commented on the stock. Argus raised shares of Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. Royal Bank of Canada upped their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the company a "sector perform" rating in a report on Wednesday, January 22nd. Barclays upped their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, January 22nd. The Goldman Sachs Group upped their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. Finally, 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 report on Monday, January 27th. Eight research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus target price of $198.50.
View Our Latest Research Report on COF
Capital One Financial Stock Performance
Shares of NYSE COF traded down $4.99 during midday trading on Friday, reaching $200.38. 3,960,178 shares of the stock were exchanged, compared to its average volume of 3,417,093. The firm has a market cap of $76.39 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 1.21 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. The firm has a 50-day simple moving average of $191.46 and a two-hundred day simple moving average of $170.48. 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 (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts' consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to analysts' expectations of $10.22 billion. During the same quarter last year, the company earned $2.81 EPS. The business's revenue was up 7.2% on a year-over-year basis. As a group, analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.
Capital One Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.20%. Capital One Financial's dividend payout ratio (DPR) is 20.71%.
Capital One Financial Profile
(
Free Report)
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.
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