Venator Management LLC raised its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,075 shares of the financial services provider's stock after buying an additional 3,450 shares during the period. Capital One Financial comprises 2.6% of Venator Management LLC's portfolio, making the stock its 13th largest holding. Venator Management LLC's holdings in Capital One Financial were worth $8,929,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Bfsg LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Capital One Financial during the 4th quarter valued at $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial during the 4th quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Capital One Financial during the 4th quarter valued at $32,000. Finally, Decker Retirement Planning Inc. bought a new position in Capital One Financial in the 4th quarter worth $32,000. Hedge funds and other institutional investors own 89.84% of the company's stock.
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. Citigroup decreased their price target on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, March 24th. Keefe, Bruyette & Woods lifted their target price on Capital One Financial from $185.00 to $232.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. Truist Financial dropped their price target on Capital One Financial from $257.00 to $215.00 and set a "buy" rating for the company in a research note on Friday, March 21st. HSBC upgraded shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price for the company in a research report on Tuesday, January 14th. Finally, Wells Fargo & Company lifted their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $206.63.
Check Out Our Latest Analysis on COF
Capital One Financial Trading Up 2.3 %
Shares of NYSE COF traded up $4.05 during trading hours on Wednesday, hitting $182.27. 3,577,290 shares of the company traded hands, compared to its average volume of 2,852,879. The stock has a market capitalization of $69.50 billion, a price-to-earnings ratio of 15.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company's 50 day moving average price is $190.16 and its 200 day moving average price is $178.50. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.
Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating 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 the consensus estimate of $10.22 billion. During the same quarter in the prior year, the firm posted $2.81 earnings per share. The business's revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities research analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.
Capital One Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.32%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's payout ratio is currently 20.71%.
About Capital One Financial
(
Free Report)
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.
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