Townsquare Capital LLC Raises Stake in Capital One Financial Co. (NYSE:COF)

Townsquare Capital LLC lifted its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 10.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,394 shares of the financial services provider's stock after acquiring an additional 1,690 shares during the quarter. Townsquare Capital LLC's holdings in Capital One Financial were worth $3,280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC raised its stake in Capital One Financial by 2.9% during the third quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider's stock worth $156,058,000 after buying an additional 29,416 shares during the last quarter. M&T Bank Corp lifted its stake in shares of Capital One Financial by 0.5% in the 3rd quarter. M&T Bank Corp now owns 128,304 shares of the financial services provider's stock valued at $19,211,000 after purchasing an additional 620 shares during the period. Stock Yards Bank & Trust Co. boosted its position in shares of Capital One Financial by 4.1% during the 3rd quarter. Stock Yards Bank & Trust Co. now owns 2,130 shares of the financial services provider's stock valued at $319,000 after purchasing an additional 83 shares in the last quarter. Arvest Bank Trust Division acquired a new stake in Capital One Financial during the third quarter worth approximately $8,310,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in Capital One Financial in the third quarter worth approximately $619,000. Institutional investors own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. UBS Group upgraded Capital One Financial from a "neutral" rating to a "buy" rating and increased their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. Baird R W raised shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Truist Financial lowered their price objective on shares of Capital One Financial from $257.00 to $215.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Finally, Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a report on Wednesday, March 12th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $206.07.

Capital One Financial Trading Up 1.7 %

Capital One Financial stock traded up $2.71 during trading hours on Friday, reaching $162.77. The company had a trading volume of 2,338,807 shares, compared to its average volume of 3,056,738. The firm has a market cap of $62.09 billion, a price-to-earnings ratio of 14.04, a P/E/G ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a 50-day moving average price of $178.17 and a 200 day moving average price of $179.39.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping 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 company had revenue of $10.19 billion for the quarter, compared to analysts' expectations of $10.22 billion. During the same period last year, the firm earned $2.81 earnings per share. Capital One Financial's quarterly revenue was up 7.2% on a year-over-year basis. Equities analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business 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. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.47%. Capital One Financial's dividend payout ratio is 20.71%.

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.