Capital One Financial Co. (NYSE:COF) Shares Sold by G&S Capital LLC

G&S Capital LLC lowered its position in shares of Capital One Financial Co. (NYSE:COF) by 14.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 13,287 shares of the financial services provider’s stock after selling 2,316 shares during the quarter. G&S Capital LLC’s holdings in Capital One Financial were worth $2,369,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. CWM LLC boosted its position in Capital One Financial by 10.5% in the third quarter. CWM LLC now owns 8,420 shares of the financial services provider’s stock valued at $1,261,000 after buying an additional 801 shares during the last quarter. CX Institutional acquired a new stake in Capital One Financial during the 3rd quarter valued at approximately $4,091,000. Creative Planning boosted its holdings in shares of Capital One Financial by 7.2% in the 3rd quarter. Creative Planning now owns 52,492 shares of the financial services provider’s stock valued at $7,860,000 after acquiring an additional 3,507 shares during the last quarter. Swedbank AB increased its stake in shares of Capital One Financial by 13.4% in the third quarter. Swedbank AB now owns 68,244 shares of the financial services provider’s stock worth $10,218,000 after acquiring an additional 8,074 shares during the period. Finally, Regatta Capital Group LLC raised its holdings in shares of Capital One Financial by 3.4% during the third quarter. Regatta Capital Group LLC now owns 8,336 shares of the financial services provider’s stock worth $1,248,000 after purchasing an additional 274 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 1.5 %

COF stock opened at $196.36 on Thursday. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $208.63. The business’s 50-day moving average is $188.99 and its 200 day moving average is $167.78. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market cap of $74.86 billion, a price-to-earnings ratio of 16.94, a PEG ratio of 1.26 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $10.22 billion. During the same period in the previous year, the company posted $2.81 earnings per share. The business’s revenue was up 7.2% on a year-over-year basis. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.41 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. 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 1.22%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Analyst Upgrades and Downgrades

Several research firms have commented on COF. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a report on Tuesday, January 14th. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $203.00 to $200.00 in a report on Monday, December 9th. The Goldman Sachs Group lifted their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Truist Financial upped their price objective on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $168.00 to $235.00 in a report on Monday, January 13th. Nine investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $196.31.

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.