FourThought Financial Partners LLC Purchases Shares of 1,411 Capital One Financial Co. (NYSE:COF)

FourThought Financial Partners LLC acquired a new position in Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,411 shares of the financial services provider’s stock, valued at approximately $252,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bfsg LLC purchased a new position in Capital One Financial during the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC acquired a new stake in shares of Capital One Financial in the fourth quarter worth $29,000. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial during the fourth quarter worth $32,000. Catalyst Capital Advisors LLC acquired a new position in Capital One Financial during the third quarter valued at $36,000. Finally, Creative Financial Designs Inc. ADV boosted its holdings in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Truist Financial lifted their price objective on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Royal Bank of Canada lifted their price target on 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. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Keefe, Bruyette & Woods raised their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Finally, JPMorgan Chase & Co. increased their price target 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. Seven analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus target price of $202.27.

Capital One Financial Stock Up 1.4 %

COF opened at $196.54 on Thursday. The company has a market cap of $74.95 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The company has a 50-day moving average price of $192.45 and a 200 day moving average price of $172.06. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last announced 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 analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.81 earnings per share. Sell-side analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders 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 1.22%. Capital One Financial’s payout ratio is currently 20.71%.

Capital One Financial Company 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.