Strategic Financial Concepts LLC Makes New $6.33 Million Investment in Capital One Financial Co. (NYSE:COF)

Strategic Financial Concepts LLC bought a new stake in Capital One Financial Co. (NYSE:COF - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,486 shares of the financial services provider's stock, valued at approximately $6,328,000.

A number of other large investors have also added to or reduced their stakes in COF. Catalyst Financial Partners LLC increased its position in shares of Capital One Financial by 3.9% during the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock valued at $255,000 after purchasing an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its stake in Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock worth $317,000 after buying an additional 56 shares in the last quarter. TFB Advisors LLC grew its position in Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock valued at $265,000 after acquiring an additional 59 shares during the last quarter. Money Concepts Capital Corp raised its stake in shares of Capital One Financial by 4.1% during the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider's stock worth $279,000 after acquiring an additional 61 shares in the last quarter. Finally, Roman Butler Fullerton & Co. lifted its holdings in shares of Capital One Financial by 3.5% in the 4th quarter. Roman Butler Fullerton & Co. now owns 1,852 shares of the financial services provider's stock worth $330,000 after acquiring an additional 62 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Analyst Ratings Changes

COF has been the topic of several recent research reports. Argus raised shares of Capital One Financial to a "strong-buy" rating in a report on Thursday, January 23rd. Wells Fargo & Company raised their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a research note on Friday, January 3rd. Barclays boosted their target price on Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. HSBC upgraded Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price target on the stock in a research report on Tuesday, January 14th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a report on Monday, December 9th. Eight equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $198.50.

Capital One Financial Stock Up 3.5 %

Shares of COF stock traded up $7.18 during mid-day trading on Wednesday, reaching $209.98. 4,669,698 shares of the company's stock traded hands, compared to its average volume of 3,382,762. The company's 50-day moving average price is $190.24 and its 200-day moving average price is $169.47. The company has a market cap of $80.05 billion, a P/E ratio of 18.12, a P/E/G ratio of 1.17 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 Co. has a 12 month low of $128.23 and a 12 month high of $210.10.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the firm posted $2.81 earnings per share. Capital One Financial's quarterly revenue was up 7.2% on a year-over-year basis. On average, equities analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is 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.