SRS Capital Advisors Inc. Grows Position in Capital One Financial Co. (NYSE:COF)

SRS Capital Advisors Inc. grew its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 1,012.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,681 shares of the financial services provider's stock after buying an additional 3,350 shares during the quarter. SRS Capital Advisors Inc.'s holdings in Capital One Financial were worth $657,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. FMR LLC lifted its stake in Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock worth $994,350,000 after acquiring an additional 1,169,395 shares during the period. International Assets Investment Management LLC bought a new position in Capital One Financial in the 4th quarter worth $130,683,000. Wellington Management Group LLP raised its holdings in Capital One Financial by 268.7% in the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider's stock worth $146,052,000 after purchasing an additional 710,881 shares in the last quarter. Southpoint Capital Advisors LP bought a new stake in shares of Capital One Financial during the 3rd quarter valued at about $104,811,000. Finally, KBC Group NV increased its position in shares of Capital One Financial by 282.2% during the fourth quarter. KBC Group NV now owns 623,470 shares of the financial services provider's stock valued at $111,177,000 after buying an additional 460,339 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Performance

NYSE COF traded down $4.47 on Monday, reaching $196.08. 3,679,921 shares of the stock were exchanged, compared to its average volume of 3,438,810. The firm has a market capitalization of $74.77 billion, a PE ratio of 16.92, 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. The company's 50-day simple moving average is $193.32 and its two-hundred day simple moving average is $173.23. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67.

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 earnings per share (EPS) 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 net margin of 9.46% and a return on equity of 9.45%. Capital One Financial's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.81 EPS. Analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.22%. Capital One Financial's dividend payout ratio (DPR) is currently 20.71%.

Analyst Upgrades and Downgrades

Several analysts have commented on COF shares. Royal Bank of Canada raised their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a "sector perform" rating in a report on Wednesday, January 22nd. The Goldman Sachs Group lifted their price target on Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a research report on Tuesday, November 19th. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Truist Financial boosted their target price 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. Finally, Barclays upped their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a report on Wednesday, January 22nd. Seven analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $202.27.

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.