Aviance Capital Partners LLC Grows Position in Capital One Financial Co. (NYSE:COF)

Aviance Capital Partners LLC increased its position in shares of Capital One Financial Co. (NYSE:COF) by 7.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,897 shares of the financial services provider’s stock after buying an additional 1,109 shares during the period. Aviance Capital Partners LLC’s holdings in Capital One Financial were worth $2,835,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in COF. Farther Finance Advisors LLC increased its stake in shares of Capital One Financial by 10.2% during the third quarter. Farther Finance Advisors LLC now owns 2,668 shares of the financial services provider’s stock worth $400,000 after buying an additional 247 shares during the period. Janney Montgomery Scott LLC increased its stake in Capital One Financial by 0.9% in the third quarter. Janney Montgomery Scott LLC now owns 88,415 shares of the financial services provider’s stock valued at $13,239,000 after purchasing an additional 764 shares during the last quarter. Van ECK Associates Corp increased its stake in Capital One Financial by 5.2% in the third quarter. Van ECK Associates Corp now owns 40,114 shares of the financial services provider’s stock valued at $6,187,000 after purchasing an additional 1,998 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial in the third quarter valued at approximately $36,000. Finally, Crestwood Advisors Group LLC increased its stake in Capital One Financial by 3.0% in the third quarter. Crestwood Advisors Group LLC now owns 2,903 shares of the financial services provider’s stock valued at $435,000 after purchasing an additional 84 shares during the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research note on Tuesday, January 14th. Truist Financial increased their price target on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, January 27th. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Wells Fargo & Company increased their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods increased their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Seven research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $202.27.

Capital One Financial Price Performance

Shares of NYSE COF opened at $175.73 on Friday. 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 $193.64 and a 200 day moving average price of $174.07. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The company has a market cap of $67.01 billion, a PE ratio of 15.16, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating 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 company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter last year, the company earned $2.81 earnings per share. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. Sell-side analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.