D.A. Davidson & CO. Sells 397 Shares of Capital One Financial Co. (NYSE:COF)

D.A. Davidson & CO. decreased its position in Capital One Financial Co. (NYSE:COF) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 56,940 shares of the financial services provider’s stock after selling 397 shares during the quarter. D.A. Davidson & CO.’s holdings in Capital One Financial were worth $10,154,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Asset Management One Co. Ltd. grew its stake in shares of Capital One Financial by 5.3% in 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 buying an additional 7,331 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Capital One Financial by 4.3% in 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 buying an additional 17,825 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Capital One Financial by 4.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock worth $8,234,000 after purchasing an additional 2,006 shares during the period. Catalina Capital Group LLC boosted its position in Capital One Financial by 8.1% during the third quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock worth $241,000 after purchasing an additional 121 shares during the period. Finally, CWA Asset Management Group LLC bought a new stake in Capital One Financial during the third quarter worth approximately $1,649,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $203.06 on Wednesday. The business has a fifty day simple moving average of $189.86 and a 200 day simple moving average of $168.99. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $77.41 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63.

Capital One Financial (NYSE:COF) last issued 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. The business had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.81 earnings per share. Sell-side analysts expect that Capital One Financial Co. will post 15.41 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.18%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on COF. Robert W. Baird upped their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price for the company in a research report on Tuesday, January 14th. Truist Financial upped their target price on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. upped their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Nine equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and an average target price of $196.31.

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.