Capital One Financial Co. (NYSE:COF) Stake Raised by Quent Capital LLC

Quent Capital LLC grew its holdings in shares of Capital One Financial Co. (NYSE:COF) by 5.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,929 shares of the financial services provider’s stock after purchasing an additional 104 shares during the period. Quent Capital LLC’s holdings in Capital One Financial were worth $344,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in COF. CWM LLC grew its position in Capital One Financial by 10.5% in the third quarter. CWM LLC now owns 8,420 shares of the financial services provider’s stock worth $1,261,000 after buying an additional 801 shares during the last quarter. Grove Bank & Trust raised its position in shares of Capital One Financial by 9.3% during the third quarter. Grove Bank & Trust now owns 909 shares of the financial services provider’s stock worth $136,000 after purchasing an additional 77 shares during the period. CX Institutional purchased a new stake in shares of Capital One Financial during the third quarter valued at $4,091,000. Creative Planning boosted its position in shares of Capital One Financial by 7.2% in the 3rd quarter. Creative Planning now owns 52,492 shares of the financial services provider’s stock valued at $7,860,000 after purchasing an additional 3,507 shares during the period. Finally, Swedbank AB increased its stake in Capital One Financial by 13.4% in the 3rd quarter. Swedbank AB now owns 68,244 shares of the financial services provider’s stock worth $10,218,000 after purchasing an additional 8,074 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the subject of a number of analyst reports. The Goldman Sachs Group upped their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. 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 report on Friday, January 3rd. Truist Financial lifted their price objective 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. Evercore ISI boosted their target price 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. Finally, Keefe, Bruyette & Woods raised their target price 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. Nine 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 stock. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $196.31.

Capital One Financial Stock Up 0.3 %

COF opened at $199.32 on Wednesday. The company has a market capitalization of $75.99 billion, a PE ratio of 17.20, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47. The business has a 50-day moving average of $188.53 and a 200-day moving average of $167.22. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $208.63. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

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, beating analysts’ consensus estimates 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 firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the previous year, the company earned $2.81 earnings per share. The company’s revenue was up 7.2% compared to the same quarter last year. Equities research analysts forecast that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. 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.