Sequoia Financial Advisors LLC Purchases 1,075 Shares of Capital One Financial Co. (NYSE:COF)

Sequoia Financial Advisors LLC raised its position in shares of Capital One Financial Co. (NYSE:COF) by 16.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 7,434 shares of the financial services provider’s stock after buying an additional 1,075 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Capital One Financial were worth $1,326,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Principal Financial Group Inc. grew its stake in Capital One Financial by 4.3% during the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after purchasing an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Capital One Financial by 4.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock worth $8,234,000 after buying an additional 2,006 shares in the last quarter. Dai ichi Life Insurance Company Ltd grew its position in shares of Capital One Financial by 36.8% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after buying an additional 3,000 shares during the period. Artemis Investment Management LLP acquired a new position in shares of Capital One Financial during the 4th quarter valued at $46,915,000. Finally, Fisher Asset Management LLC boosted its stake in Capital One Financial by 0.7% during the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after acquiring an additional 72,097 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of COF opened at $172.06 on Friday. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a market capitalization of $65.61 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 1.19 and a beta of 1.47. The stock has a 50 day moving average of $192.37 and a 200 day moving average of $175.42. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

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 the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the business posted $2.81 EPS. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. As a group, sell-side analysts forecast 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 declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Wells Fargo & Company upped their price target on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Argus raised Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Finally, Truist Financial lifted their price target on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Five research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $206.67.

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.