Capital One Financial Co. (NYSE:COF) Holdings Raised by Wealthspire Advisors LLC

Wealthspire Advisors LLC lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 38.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,999 shares of the financial services provider’s stock after acquiring an additional 1,938 shares during the period. Wealthspire Advisors LLC’s holdings in Capital One Financial were worth $1,248,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bfsg LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth $27,000. Decker Retirement Planning Inc. acquired a new position in shares of Capital One Financial in the 4th quarter valued at about $32,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial during the 3rd quarter valued at about $36,000. Creative Financial Designs Inc. ADV raised its stake in Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 166 shares during the period. Finally, Prospera Private Wealth LLC bought a new position in Capital One Financial in the third quarter worth about $47,000. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on COF shares. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. JPMorgan Chase & Co. increased their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Evercore ISI upped their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. 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. Seven equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $199.93 on Tuesday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The firm 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. The stock has a fifty day moving average price of $191.76 and a two-hundred day moving average price of $171.47. 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 (NYSE:COF) last announced its earnings results 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. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter last year, the business posted $2.81 earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced 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 dividend yield of 1.20%. 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.