TKG Advisors LLC lessened its position in Capital One Financial Co. (NYSE:COF - Free Report) by 12.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,605 shares of the financial services provider's stock after selling 3,931 shares during the period. Capital One Financial comprises 2.2% of TKG Advisors LLC's portfolio, making the stock its 15th largest holding. TKG Advisors LLC's holdings in Capital One Financial were worth $4,744,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in COF. Bfsg LLC bought a new position in Capital One Financial during the fourth quarter valued at approximately $27,000. Decker Retirement Planning Inc. purchased a new stake in Capital One Financial during the 4th quarter valued at $32,000. Catalyst Capital Advisors LLC bought a new position in shares of Capital One Financial during the 3rd quarter valued at $36,000. Sierra Ocean LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth $48,000. Finally, Creative Financial Designs Inc. ADV grew its holdings in shares of Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock worth $43,000 after acquiring an additional 166 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have issued reports on COF. The Goldman Sachs Group raised their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. Hsbc Global Res raised shares of Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. Wells Fargo & Company upped their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a report on Friday, January 3rd. Royal Bank of Canada lifted their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a "sector perform" rating in a research note on Wednesday, January 22nd. Finally, HSBC raised shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price objective for the company in a research report on Tuesday, January 14th. Eight research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $198.50.
Read Our Latest Report on Capital One Financial
Capital One Financial Price Performance
NYSE COF traded down $4.99 on Friday, reaching $200.38. The company had a trading volume of 3,931,608 shares, compared to its average volume of 3,388,026. The firm's 50 day moving average price is $191.14 and its 200 day moving average price is $170.00. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The stock has a market capitalization of $76.39 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 1.21 and a beta of 1.47. 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 posted its earnings results 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. The company had revenue of $10.19 billion for 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% on a year-over-year basis. During the same period in the previous year, the business earned $2.81 earnings per share. As a group, equities analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.
Capital One Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial's dividend payout ratio is presently 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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