Sagespring Wealth Partners LLC Makes New Investment in Capital One Financial Co. (NYSE:COF)

Sagespring Wealth Partners LLC purchased a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,458 shares of the financial services provider's stock, valued at approximately $617,000.

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on COF shares. Barclays lifted their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. Baird R W upgraded Capital One Financial from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. Truist Financial decreased their target price on Capital One Financial from $257.00 to $215.00 and set a "buy" rating for the company in a research report on Friday, March 21st. JPMorgan Chase & Co. cut their price objective on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Finally, Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and raised their price target for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. Four 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 stock. Based on data from MarketBeat.com, Capital One Financial has an average rating of "Moderate Buy" and a consensus price target of $206.07.

Capital One Financial Stock Performance

Shares of Capital One Financial stock traded up $2.71 during trading on Friday, hitting $162.77. 2,338,807 shares of the stock were exchanged, compared to its average volume of 3,056,517. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a fifty day moving average price of $178.90 and a 200-day moving average price of $179.28. The stock has a market capitalization of $62.09 billion, a price-to-earnings ratio of 14.04, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year 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 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the prior year, the company earned $2.81 earnings per share. The business's revenue for the quarter was up 7.2% compared to the same quarter last year. As a group, equities analysts predict that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.47%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's payout ratio is 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.