Forvis Mazars Wealth Advisors LLC Has $3.62 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Forvis Mazars Wealth Advisors LLC lessened its holdings in shares of Capital One Financial Co. (NYSE:COF) by 4.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 20,316 shares of the financial services provider’s stock after selling 907 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Capital One Financial were worth $3,623,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in COF. FMR LLC lifted its position in shares of Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after purchasing an additional 1,169,395 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth about $130,683,000. Wellington Management Group LLP lifted its position in shares of Capital One Financial by 268.7% during the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after purchasing an additional 710,881 shares during the last quarter. Southpoint Capital Advisors LP acquired a new position in Capital One Financial in the 3rd quarter valued at approximately $104,811,000. Finally, KBC Group NV raised its holdings in Capital One Financial by 282.2% in the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock valued at $111,177,000 after acquiring an additional 460,339 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the subject of several recent research reports. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a report on Tuesday, January 14th. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. The Goldman Sachs Group upped their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, Truist Financial upped their price target on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a report on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $198.50.

Capital One Financial Stock Down 2.4 %

NYSE COF opened at $200.38 on Friday. The firm has a market cap of $76.39 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The stock’s 50 day simple moving average is $191.46 and its 200 day simple moving average is $170.73. 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 released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The business 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 for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior year, the company earned $2.81 EPS. As a group, sell-side analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared 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 is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.20%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Capital One Financial Company 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.