Howard Capital Management Inc. Buys 126 Shares of Capital One Financial Co. (NYSE:COF)

Howard Capital Management Inc. boosted its stake in Capital One Financial Co. (NYSE:COF) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,481 shares of the financial services provider’s stock after purchasing an additional 126 shares during the quarter. Howard Capital Management Inc.’s holdings in Capital One Financial were worth $442,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Private Advisor Group LLC lifted its holdings in shares of Capital One Financial by 10.4% during the 3rd quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock worth $1,288,000 after acquiring an additional 808 shares during the last quarter. Ballentine Partners LLC raised its position in Capital One Financial by 18.0% during the third quarter. Ballentine Partners LLC now owns 3,935 shares of the financial services provider’s stock valued at $589,000 after purchasing an additional 601 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Capital One Financial by 2.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,042 shares of the financial services provider’s stock worth $6,197,000 after purchasing an additional 933 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of Capital One Financial by 3.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 66 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Capital One Financial by 7.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 23,004 shares of the financial services provider’s stock valued at $3,444,000 after purchasing an additional 1,564 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Price Performance

COF stock opened at $199.93 on Tuesday. The firm has a 50-day moving average of $191.76 and a 200 day moving average of $171.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $76.24 billion, a P/E ratio of 17.25, a PEG ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the prior year, the company earned $2.81 EPS. The business’s revenue was up 7.2% compared to the same quarter last year. On average, sell-side analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Analysts Set New Price Targets

COF has been the topic of a number of recent research reports. Royal Bank of Canada increased their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods upped their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. 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 note on Tuesday, January 14th. The Goldman Sachs Group lifted their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Seven 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. According to data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average target price of $202.27.

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.