Capital One Financial Co. (NYSE:COF) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. lessened its position in shares of Capital One Financial Co. (NYSE:COF) by 11.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 5,914 shares of the financial services provider’s stock after selling 765 shares during the period. First Horizon Advisors Inc.’s holdings in Capital One Financial were worth $1,055,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COF. Bfsg LLC acquired a new stake in Capital One Financial during the fourth quarter valued at $27,000. Decker Retirement Planning Inc. acquired a new stake in Capital One Financial during the fourth quarter valued at $32,000. Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial during the third quarter valued at $36,000. Creative Financial Designs Inc. ADV grew its position in Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares during the period. Finally, Prospera Private Wealth LLC acquired a new stake in Capital One Financial during the third quarter valued at $47,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of COF stock opened at $199.93 on Tuesday. 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 firm’s 50-day moving average is $191.76 and its two-hundred day moving average is $171.47. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a market capitalization of $76.24 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

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, topping 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 company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the previous year, the firm earned $2.81 earnings per share. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. Analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.20%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Royal Bank of Canada lifted 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 research report on Wednesday, January 22nd. Finally, Truist Financial lifted their target price 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. Seven research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.27.

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.