Essential Planning LLC. bought a new stake in Capital One Financial Co. (NYSE:COF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,682 shares of the financial services provider's stock, valued at approximately $2,015,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Bfsg LLC purchased a new position in Capital One Financial during the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Capital One Financial during the fourth quarter valued at $27,000. TruNorth Capital Management LLC purchased a new position in Capital One Financial during the fourth quarter valued at $29,000. Decker Retirement Planning Inc. purchased a new position in Capital One Financial during the fourth quarter valued at $32,000. Finally, SBI Securities Co. Ltd. purchased a new position in Capital One Financial during the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 89.84% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have issued reports on COF shares. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Robert W. Baird upgraded Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from $190.00 to $200.00 in a research note on Tuesday. Truist Financial lifted their price objective on Capital One Financial from $229.00 to $257.00 and gave the stock a "buy" rating in a report on Monday, January 27th. Finally, HSBC raised Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price objective for the company in a report on Tuesday, January 14th. Five equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Capital One Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of $206.67.
Check Out Our Latest Research Report on Capital One Financial
Capital One Financial Price Performance
Shares of Capital One Financial stock opened at $170.73 on Thursday. The stock has a 50 day moving average of $192.80 and a 200 day moving average of $175.05. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The firm has a market cap of $65.10 billion, a PE ratio of 14.73, a PEG ratio of 1.19 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.
Capital One Financial (NYSE:COF - Get Free Report) last announced 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. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same period in the prior year, the company earned $2.81 earnings per share. The firm's revenue was up 7.2% on a year-over-year basis. On average, research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.
Capital One Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.41%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's payout ratio 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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