Capital One Financial Co. (NYSE:COF) Stake Increased by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. grew its stake in shares of Capital One Financial Co. (NYSE:COF) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,222 shares of the financial services provider’s stock after acquiring an additional 296 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in Capital One Financial were worth $1,644,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Creative Planning increased its holdings in shares of Capital One Financial by 7.2% in the 3rd quarter. Creative Planning now owns 52,492 shares of the financial services provider’s stock valued at $7,860,000 after acquiring an additional 3,507 shares during the last quarter. nVerses Capital LLC bought a new stake in Capital One Financial during the third quarter valued at $90,000. Global Retirement Partners LLC raised its holdings in shares of Capital One Financial by 5.1% during the third quarter. Global Retirement Partners LLC now owns 2,804 shares of the financial services provider’s stock worth $420,000 after purchasing an additional 136 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Capital One Financial by 1.9% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 44,168 shares of the financial services provider’s stock worth $6,613,000 after buying an additional 836 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of Capital One Financial by 105.6% in the 3rd quarter. Blue Trust Inc. now owns 3,278 shares of the financial services provider’s stock valued at $454,000 after buying an additional 1,684 shares during the period. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

COF has been the topic of several research reports. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Robert W. Baird raised their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. The Goldman Sachs Group boosted their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Finally, HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a report on Tuesday, January 14th. Nine research 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 stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $196.31.

Capital One Financial Trading Up 2.5 %

Shares of Capital One Financial stock opened at $202.25 on Monday. The business has a fifty day simple moving average of $189.51 and a 200-day simple moving average of $168.58. The firm has a market cap of $77.10 billion, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $208.63. 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 (NYSE:COF) last posted its quarterly earnings data 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 company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the firm posted $2.81 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities analysts forecast that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.19%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

About Capital One Financial

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.