Viawealth LLC Sells 598 Shares of Capital One Financial Co. (NYSE:COF)

Viawealth LLC trimmed its stake in Capital One Financial Co. (NYSE:COF) by 26.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,701 shares of the financial services provider’s stock after selling 598 shares during the period. Viawealth LLC’s holdings in Capital One Financial were worth $303,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COF. Bfsg LLC bought a new stake in Capital One Financial during the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Capital One Financial in the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC bought a new stake in Capital One Financial during the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. acquired a new stake in Capital One Financial during the 4th quarter valued at $32,000. Finally, SBI Securities Co. Ltd. bought a new position in Capital One Financial in the 4th quarter valued at $32,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Price Performance

Capital One Financial stock opened at $172.72 on Thursday. The firm has a market capitalization of $65.86 billion, a P/E ratio of 14.90, a PEG ratio of 1.19 and a beta of 1.47. The business has a 50-day moving average of $191.61 and a 200-day moving average of $175.91. 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 Co. has a 1 year low of $128.23 and a 1 year high of $210.67.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The firm 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 business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.81 earnings per share. On average, equities analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.39%. Capital One Financial’s dividend payout ratio is presently 20.71%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on COF shares. Evercore ISI upgraded Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price for the company in a research note on Wednesday, March 12th. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Truist Financial upped their target price on shares of Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Finally, Wells Fargo & Company upped their price objective on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Five equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $206.67.

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.