Capital One Financial Co. (NYSE:COF) Shares Purchased by Avestar Capital LLC

Avestar Capital LLC boosted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 3.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,617 shares of the financial services provider’s stock after acquiring an additional 222 shares during the period. Avestar Capital LLC’s holdings in Capital One Financial were worth $1,358,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Asset Management One Co. Ltd. grew its position in shares of Capital One Financial by 5.3% in the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after purchasing an additional 7,331 shares in the last quarter. Principal Financial Group Inc. boosted 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 buying an additional 17,825 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Capital One Financial by 4.5% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock valued at $8,234,000 after buying an additional 2,006 shares in the last quarter. Catalina Capital Group LLC increased its stake in shares of Capital One Financial by 8.1% in the 3rd quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock worth $241,000 after acquiring an additional 121 shares during the last quarter. Finally, CWA Asset Management Group LLC purchased a new position in shares of Capital One Financial during the 3rd quarter worth $1,649,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on COF. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Royal Bank of Canada increased their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Wells Fargo & Company lifted their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Keefe, Bruyette & Woods increased their price objective on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Finally, Barclays raised their target price on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Nine analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $196.31.

Capital One Financial Stock Down 1.5 %

Shares of COF opened at $196.36 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization of $74.86 billion, a PE ratio of 16.94, a P/E/G ratio of 1.26 and a beta of 1.47. The company’s 50-day simple moving average is $188.99 and its 200-day simple moving average is $167.78. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.81 earnings per share. Analysts forecast that Capital One Financial Co. will post 15.41 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 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.