Prossimo Advisors LLC Buys 69 Shares of Capital One Financial Co. (NYSE:COF)

Prossimo Advisors LLC raised its stake in Capital One Financial Co. (NYSE:COF) by 2.5% during the 4th quarter, Holdings Channel reports. The fund owned 2,804 shares of the financial services provider’s stock after acquiring an additional 69 shares during the period. Prossimo Advisors LLC’s holdings in Capital One Financial were worth $500,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Bfsg LLC acquired a new position in shares of Capital One Financial in the fourth quarter valued at approximately $27,000. Decker Retirement Planning Inc. acquired a new position in Capital One Financial in the 4th quarter valued at $32,000. Catalyst Capital Advisors LLC acquired a new position in Capital One Financial in the 3rd quarter valued at $36,000. Creative Financial Designs Inc. ADV increased its position in Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after buying an additional 166 shares during the period. Finally, Eastern Bank acquired a new stake in shares of Capital One Financial during the third quarter worth $44,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $203.06 on Wednesday. The company’s 50 day moving average price is $190.24 and its two-hundred day moving average price is $169.47. The firm has a market capitalization of $77.41 billion, a P/E ratio of 17.52, a P/E/G ratio of 1.26 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $208.63.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share 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%. Capital One Financial’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $2.81 EPS. On average, equities analysts forecast that Capital One Financial Co. will post 15.41 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.18%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on COF. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Argus upgraded Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Barclays raised their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Finally, Bank of America downgraded Capital One Financial from a “buy” rating to a “neutral” rating and cut their target price for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $196.31.

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.