Cutter & CO Brokerage Inc. Acquires Shares of 1,185 Capital One Financial Co. (NYSE:COF)

Cutter & CO Brokerage Inc. acquired a new stake in shares of Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,185 shares of the financial services provider’s stock, valued at approximately $211,000.

Several other hedge funds have also recently modified their holdings of COF. State Street Corp increased its holdings in Capital One Financial by 0.5% in the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock valued at $2,471,572,000 after acquiring an additional 74,784 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Capital One Financial by 2.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock valued at $1,649,488,000 after purchasing an additional 280,462 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of 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 valued at $1,451,527,000 after purchasing an additional 72,097 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Capital One Financial by 2.0% in the third quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock worth $1,198,664,000 after purchasing an additional 159,616 shares during the last quarter. Finally, FMR LLC lifted its position in shares of Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after buying an additional 1,169,395 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the subject of several research analyst reports. Evercore ISI raised their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Royal Bank of Canada raised their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Wells Fargo & Company upped 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 note on Friday, January 3rd. Truist Financial increased their price objective 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. Finally, JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Stock Up 1.4 %

Shares of NYSE:COF opened at $196.54 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The business has a 50 day simple moving average of $192.45 and a two-hundred day simple moving average of $172.06. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The firm has a market capitalization of $74.95 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.81 EPS. On average, equities analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.22%. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

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.