GWN Securities Inc. purchased a new stake in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, Holdings Channel reports. The fund purchased 6,033 shares of the financial services provider’s stock, valued at approximately $1,076,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bfsg LLC purchased a new stake in shares of Capital One Financial during the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial during the 4th quarter valued at approximately $27,000. TruNorth Capital Management LLC bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $29,000. Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial during the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on COF shares. Keefe, Bruyette & Woods raised their price target on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Argus upgraded Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Wells Fargo & Company lifted their target price 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. Finally, Royal Bank of Canada lifted their target price on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Five research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $206.67.
Capital One Financial Trading Up 3.6 %
Capital One Financial stock opened at $172.06 on Friday. 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 52 week low of $128.23 and a 52 week high of $210.67. The company has a market capitalization of $65.61 billion, a price-to-earnings ratio of 14.85, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The stock has a 50-day moving average price of $192.37 and a 200 day moving average price of $175.42.
Capital One Financial (NYSE:COF – Get Free Report) last released its 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. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the previous year, the company posted $2.81 earnings per share. The company’s revenue was up 7.2% compared to the same quarter last year. Sell-side analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current year.
Capital One Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend was 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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