Equitable Trust Co. Has $998,000 Stock Holdings in Capital One Financial Co. (NYSE:COF)

Equitable Trust Co. decreased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,599 shares of the financial services provider’s stock after selling 172 shares during the quarter. Equitable Trust Co.’s holdings in Capital One Financial were worth $998,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Asset Management One Co. Ltd. lifted its holdings in Capital One Financial by 5.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after purchasing an additional 7,331 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Capital One Financial by 4.3% during the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock valued at $64,482,000 after purchasing an additional 17,825 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Capital One Financial by 4.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock valued at $8,234,000 after purchasing an additional 2,006 shares during the last quarter. Catalina Capital Group LLC lifted its holdings in Capital One Financial by 8.1% during the 3rd quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock valued at $241,000 after purchasing an additional 121 shares during the last quarter. Finally, CWA Asset Management Group LLC acquired a new stake in shares of Capital One Financial during the third quarter worth $1,649,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on COF shares. Evercore ISI lifted their target price 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. The Goldman Sachs Group lifted their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Robert W. Baird lifted their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Finally, Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $196.31.

Capital One Financial Stock Performance

Capital One Financial stock opened at $198.67 on Tuesday. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month 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. The business’s 50-day moving average price is $188.30 and its two-hundred day moving average price is $166.87. The stock has a market cap of $75.74 billion, a PE ratio of 17.14, a P/E/G ratio of 1.26 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 earnings per share (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 firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the business posted $2.81 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, analysts expect that Capital One Financial Co. will post 15.41 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) 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.