Allworth Financial LP Sells 3,832 Shares of Capital One Financial Co. (NYSE:COF)

Allworth Financial LP decreased its holdings in Capital One Financial Co. (NYSE:COF) by 42.9% in the fourth quarter, Holdings Channel reports. The fund owned 5,108 shares of the financial services provider’s stock after selling 3,832 shares during the quarter. Allworth Financial LP’s holdings in Capital One Financial were worth $911,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $6,328,000. Principal Securities Inc. increased its position in Capital One Financial by 23.7% during the fourth quarter. Principal Securities Inc. now owns 12,943 shares of the financial services provider’s stock valued at $2,308,000 after acquiring an additional 2,483 shares during the last quarter. Quantum Private Wealth LLC purchased a new stake in shares of Capital One Financial in the fourth quarter valued at $225,000. Montag A & Associates Inc. lifted its holdings in shares of Capital One Financial by 143.3% in the 4th quarter. Montag A & Associates Inc. now owns 3,508 shares of the financial services provider’s stock worth $626,000 after acquiring an additional 2,066 shares during the last quarter. Finally, Roxbury Financial LLC purchased a new position in shares of Capital One Financial during the 4th quarter worth about $201,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Up 3.5 %

NYSE:COF opened at $209.98 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization 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’s 50-day simple moving average is $190.72 and its 200-day simple moving average is $169.75. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.10.

Capital One Financial (NYSE:COF) last released its quarterly 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 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 period in the previous year, the company earned $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 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 firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a $0.60 dividend. 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 dividend payout ratio (DPR) is presently 20.71%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Barclays raised their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. increased their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Robert W. Baird upped their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Truist Financial boosted their price objective on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Finally, Evercore ISI lifted their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Eight equities research 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $198.50.

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.