Integrated Wealth Concepts LLC Acquires 602 Shares of Capital One Financial Co. (NYSE:COF)

Integrated Wealth Concepts LLC grew its stake in shares of Capital One Financial Co. (NYSE:COF) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,292 shares of the financial services provider’s stock after acquiring an additional 602 shares during the period. Integrated Wealth Concepts LLC’s holdings in Capital One Financial were worth $4,332,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Bfsg LLC bought a new position in Capital One Financial in the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Capital One Financial during the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC purchased a new stake in Capital One Financial in the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new stake in Capital One Financial in the 4th quarter worth approximately $32,000. Finally, SBI Securities Co. Ltd. bought a new position in Capital One Financial in the 4th quarter valued at $32,000. 89.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on COF shares. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Citigroup cut their price target on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Finally, HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research report on Tuesday, January 14th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $207.73.

Capital One Financial Stock Performance

NYSE:COF opened at $182.83 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The business has a 50 day moving average price of $175.76 and a 200-day moving average price of $180.32. The firm has a market cap of $69.75 billion, a PE ratio of 15.77, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.75 by $0.31. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Equities research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.15%.

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.