Capital One Financial Co. (NYSE:COF) Stock Holdings Lowered by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp lowered its position in shares of Capital One Financial Co. (NYSE:COF) by 8.2% in the 4th quarter, Holdings Channel reports. The fund owned 2,904 shares of the financial services provider’s stock after selling 258 shares during the period. Atlantic Union Bankshares Corp’s holdings in Capital One Financial were worth $518,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Bfsg LLC bought a new position in shares of Capital One Financial during the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Capital One Financial during the fourth quarter worth about $27,000. TruNorth Capital Management LLC bought a new position in shares of Capital One Financial during the fourth quarter worth about $29,000. SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial during the fourth quarter worth about $32,000. Finally, Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial during the fourth quarter worth about $32,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group increased their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Truist Financial increased their target price 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. Keefe, Bruyette & Woods increased their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Finally, Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Seven research analysts have rated the stock with a hold rating, ten have issued 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 $202.27.

Capital One Financial Trading Down 1.8 %

Shares of COF stock opened at $173.00 on Friday. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The business’s 50 day moving average is $193.50 and its two-hundred day moving average is $174.50. The company has a market cap of $65.97 billion, a PE ratio of 14.93, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.81 earnings per share. Equities analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.39%. Capital One Financial’s payout ratio is 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.