Philip James Wealth Mangement LLC Lowers Stake in Capital One Financial Co. (NYSE:COF)

Philip James Wealth Mangement LLC lessened its holdings in Capital One Financial Co. (NYSE:COF) by 47.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,145 shares of the financial services provider’s stock after selling 1,050 shares during the period. Philip James Wealth Mangement LLC’s holdings in Capital One Financial were worth $204,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial in the fourth quarter valued at about $32,000. Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial in the 3rd quarter worth about $36,000. Sierra Ocean LLC acquired a new stake in Capital One Financial in the 4th quarter worth about $48,000. Creative Financial Designs Inc. ADV increased its stake in Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after buying an additional 166 shares in the last quarter. Finally, Eastern Bank acquired a new position in shares of Capital One Financial during the third quarter valued at approximately $44,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Up 2.5 %

Shares of NYSE COF opened at $202.25 on Tuesday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $208.63. The business’s 50 day moving average is $189.51 and its two-hundred day moving average is $168.58. The firm has a market cap of $77.10 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 1.26 and a beta of 1.47. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last posted its 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. The firm had revenue of $10.19 billion for 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 revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.81 EPS. Research analysts predict that Capital One Financial Co. will post 15.41 EPS for the current 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 paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

Analyst Ratings Changes

Several brokerages recently commented on COF. Barclays boosted their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Keefe, Bruyette & Woods raised their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, Wells Fargo & Company raised their target price 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. Nine equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $196.31.

Capital One Financial 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.