Partners in Financial Planning Purchases Shares of 1,511 Capital One Financial Co. (NYSE:COF)

Partners in Financial Planning bought a new position in Capital One Financial Co. (NYSE:COF - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 1,511 shares of the financial services provider's stock, valued at approximately $269,000.

Other hedge funds have also recently made changes to their positions in the company. Bfsg LLC bought a new stake in Capital One Financial during the fourth quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $27,000. TruNorth Capital Management LLC purchased a new stake in Capital One Financial during the 4th quarter valued at $29,000. Decker Retirement Planning Inc. bought a new stake in Capital One Financial in the fourth quarter worth $32,000. Finally, SBI Securities Co. Ltd. purchased a new position in Capital One Financial during the fourth quarter worth $32,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 2.3 %

NYSE COF traded up $4.05 during midday trading on Wednesday, hitting $182.27. 3,577,290 shares of the company traded hands, compared to its average volume of 2,852,879. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The company's 50-day simple moving average is $190.16 and its 200-day simple moving average is $178.50. The company has a market cap of $69.50 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

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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 earnings per share 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 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 last year, the company earned $2.81 earnings per share. As a group, equities research analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.32%. Capital One Financial's dividend payout ratio (DPR) is presently 20.71%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on COF. JPMorgan Chase & Co. increased their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a "neutral" rating in a report on Monday, December 9th. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and increased their target price for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Keefe, Bruyette & Woods boosted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. Citigroup reduced their price target on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Monday, March 24th. Finally, Royal Bank of Canada boosted 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 research report on Wednesday, January 22nd. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Capital One Financial has a consensus rating of "Moderate Buy" and an average price target of $206.63.

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.