Tufton Capital Management Has $3.21 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Tufton Capital Management cut its position in Capital One Financial Co. (NYSE:COF) by 0.3% during the 4th quarter, HoldingsChannel reports. The firm owned 18,019 shares of the financial services provider’s stock after selling 57 shares during the quarter. Tufton Capital Management’s holdings in Capital One Financial were worth $3,213,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of COF. FMR LLC grew its position in 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 valued at $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Capital One Financial in the 4th quarter valued at about $130,683,000. Wellington Management Group LLP grew its position in shares of Capital One Financial by 268.7% in the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after acquiring an additional 710,881 shares during the period. Southpoint Capital Advisors LP bought a new position in shares of Capital One Financial in the 3rd quarter valued at about $104,811,000. Finally, KBC Group NV lifted its stake in shares of Capital One Financial by 282.2% during the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after buying an additional 460,339 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Trading Up 0.1 %

Shares of COF opened at $197.00 on Friday. The firm’s 50 day simple moving average is $192.88 and its 200 day simple moving average is $172.23. The company has a market capitalization of $75.12 billion, a P/E ratio of 17.00, a P/E/G ratio of 1.19 and a beta of 1.47. 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 Co. has a 1-year low of $128.23 and a 1-year high of $210.67.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share 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 business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the firm posted $2.81 earnings per share. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. Sell-side analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

Analyst Ratings Changes

A number of research firms have recently issued reports on COF. Keefe, Bruyette & Woods raised their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Truist Financial raised their target price on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a report on Monday, January 27th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the company from $168.00 to $235.00 in a report on Monday, January 13th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Finally, The Goldman Sachs Group lifted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Seven research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $202.27.

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.