Capital One Financial Co. (NYSE:COF) Shares Sold by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC trimmed its holdings in Capital One Financial Co. (NYSE:COF) by 7.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,693 shares of the financial services provider’s stock after selling 284 shares during the period. Lake Street Advisors Group LLC’s holdings in Capital One Financial were worth $659,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bfsg LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at $29,000. Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial during the 4th quarter valued at $32,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the 3rd quarter valued at $36,000. Finally, Sierra Ocean LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth $48,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Royal Bank of Canada boosted 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. 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 report on Monday, January 27th. UBS Group upgraded shares of 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. Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Finally, JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $202.27.

Capital One Financial Stock Up 0.1 %

Shares of Capital One Financial stock opened at $197.00 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The business has a 50-day moving average of $192.88 and a 200-day moving average of $172.23. The company has a market capitalization of $75.12 billion, a PE ratio of 17.00, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during 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%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.81 EPS. As a group, equities analysts forecast 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. Investors of record on Tuesday, February 18th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.22%. Capital One Financial’s dividend payout ratio is presently 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.