TFB Advisors LLC Acquires 59 Shares of Capital One Financial Co. (NYSE:COF)

TFB Advisors LLC boosted its holdings in Capital One Financial Co. (NYSE:COF) by 4.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,488 shares of the financial services provider’s stock after purchasing an additional 59 shares during the period. TFB Advisors LLC’s holdings in Capital One Financial were worth $265,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC increased its position in shares of Capital One Financial by 10.5% in the third quarter. CWM LLC now owns 8,420 shares of the financial services provider’s stock valued at $1,261,000 after acquiring an additional 801 shares during the last quarter. CX Institutional acquired a new position in shares of Capital One Financial during the 3rd quarter worth approximately $4,091,000. Creative Planning raised its stake in shares of Capital One Financial by 7.2% during the 3rd quarter. Creative Planning now owns 52,492 shares of the financial services provider’s stock worth $7,860,000 after purchasing an additional 3,507 shares in the last quarter. Swedbank AB boosted its holdings in shares of Capital One Financial by 13.4% in the 3rd quarter. Swedbank AB now owns 68,244 shares of the financial services provider’s stock valued at $10,218,000 after buying an additional 8,074 shares during the last quarter. Finally, Regatta Capital Group LLC grew its stake in shares of Capital One Financial by 3.4% in the third quarter. Regatta Capital Group LLC now owns 8,336 shares of the financial services provider’s stock valued at $1,248,000 after buying an additional 274 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. The Goldman Sachs Group upped their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. Wells Fargo & Company lifted their price target on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Robert W. Baird upped their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Finally, Bank of America downgraded Capital One Financial from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Nine 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $196.31.

Capital One Financial Price Performance

NYSE:COF opened at $196.36 on Thursday. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $208.63. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm’s 50-day simple moving average is $188.77 and its 200 day simple moving average is $167.57. The firm has a market cap of $74.86 billion, a price-to-earnings ratio of 16.94, a P/E/G ratio of 1.26 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.81 earnings per share. As a group, sell-side analysts predict that Capital One Financial Co. will post 15.41 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced 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 1.22%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is currently 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.