Blue Trust Inc. decreased its position in Capital One Financial Co. (NYSE:COF – Free Report) by 6.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,081 shares of the financial services provider’s stock after selling 197 shares during the period. Blue Trust Inc.’s holdings in Capital One Financial were worth $549,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in COF. Decker Retirement Planning Inc. acquired a new position in shares of Capital One Financial during the fourth quarter worth about $32,000. Catalyst Capital Advisors LLC bought a new position in Capital One Financial in the third quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV increased its position in shares of Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 166 shares during the last quarter. Eastern Bank bought a new stake in shares of Capital One Financial during the 3rd quarter worth approximately $44,000. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $47,000. Institutional investors own 89.84% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the stock. Bank of America cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Barclays upped their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Evercore ISI boosted their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Argus upgraded Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, The Goldman Sachs Group boosted their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $196.31.
Capital One Financial Trading Up 2.5 %
Shares of Capital One Financial stock opened at $202.25 on Tuesday. The firm has a market cap of $77.10 billion, a PE ratio of 17.45, a P/E/G ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63. 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 stock has a fifty day moving average price of $189.51 and a 200-day moving average price of $168.58.
Capital One Financial (NYSE:COF – Get Free Report) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations 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 was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.81 EPS. Equities research analysts anticipate that Capital One Financial Co. will post 15.41 EPS for the current year.
Capital One Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s payout ratio is presently 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.
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