Capital One Financial Co. (NYSE:COF) Shares Sold by TKG Advisors LLC

TKG Advisors LLC lessened its holdings in shares of Capital One Financial Co. (NYSE:COF) by 12.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,605 shares of the financial services provider’s stock after selling 3,931 shares during the period. Capital One Financial makes up about 2.2% of TKG Advisors LLC’s portfolio, making the stock its 15th biggest holding. TKG Advisors LLC’s holdings in Capital One Financial were worth $4,744,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bfsg LLC purchased a new stake in shares of Capital One Financial during the fourth quarter valued at $27,000. Decker Retirement Planning Inc. purchased a new stake in Capital One Financial during the 4th quarter valued at about $32,000. Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial in the third quarter valued at about $36,000. Sierra Ocean LLC purchased a new position in shares of Capital One Financial in the fourth quarter worth about $48,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of 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 worth $43,000 after purchasing an additional 166 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 0.4 %

Shares of COF opened at $203.06 on Wednesday. The stock has a 50 day moving average price of $190.24 and a 200 day moving average price of $169.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization of $77.41 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 1.17 and a beta of 1.47. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63.

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 analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.81 earnings per share. Equities research 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 business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Wells Fargo & Company increased their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Robert W. Baird raised their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Finally, Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the stock from $207.00 to $235.00 in a report on Wednesday. Eight research 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $198.50.

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.