Wealthstream Advisors Inc. Takes $287,000 Position in Capital One Financial Co. (NYSE:COF)

Wealthstream Advisors Inc. purchased a new stake in Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,610 shares of the financial services provider’s stock, valued at approximately $287,000.

Other large investors have also recently bought and sold shares of the company. FMR LLC increased its holdings in shares of Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares during the period. International Assets Investment Management LLC purchased a new position in Capital One Financial in the 4th quarter valued at $130,683,000. Wellington Management Group LLP increased its stake in Capital One Financial by 268.7% in the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after buying an additional 710,881 shares during the period. Southpoint Capital Advisors LP purchased a new position in Capital One Financial during the 3rd quarter worth $104,811,000. Finally, KBC Group NV lifted its stake in shares of Capital One Financial by 282.2% in the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after acquiring an additional 460,339 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on COF shares. Royal Bank of Canada increased their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. Truist Financial boosted 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. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Barclays upped their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Stock Performance

Shares of COF opened at $200.38 on Monday. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The company has a 50-day moving average of $191.46 and a two-hundred day moving average of $171.00. 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 stock has a market cap of $76.39 billion, a P/E ratio of 17.29, a PEG ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion for 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%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the company earned $2.81 EPS. As a group, research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared 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. This represents a $2.40 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio 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.