Atria Wealth Solutions Inc. Purchases 2,726 Shares of Capital One Financial Co. (NYSE:COF)

Atria Wealth Solutions Inc. grew its position in Capital One Financial Co. (NYSE:COF) by 21.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,414 shares of the financial services provider’s stock after buying an additional 2,726 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Capital One Financial were worth $2,749,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in COF. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC bought a new position in shares of Capital One Financial in the 3rd quarter valued at $36,000. Creative Financial Designs Inc. ADV raised its holdings in shares of 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. Eastern Bank bought a new stake in shares of Capital One Financial during the 3rd quarter worth $44,000. Finally, Prospera Private Wealth LLC acquired a new stake in Capital One Financial in the third quarter valued at about $47,000. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Truist Financial increased their target price on shares of Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Evercore ISI increased their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Wells Fargo & Company boosted 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. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Finally, Royal Bank of Canada raised their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $198.50.

Capital One Financial Stock Down 2.4 %

Capital One Financial stock opened at $200.38 on Friday. The firm has a 50 day moving average price of $191.46 and a two-hundred day moving average price of $170.48. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The firm has a market cap of $76.39 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 1.21 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating 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 business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. Capital One Financial’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities analysts predict that Capital One Financial Co. will post 15.65 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 given a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.20%. Capital One Financial’s payout ratio is 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.