Denali Advisors LLC Sells 2,500 Shares of Capital One Financial Co. (NYSE:COF)

Denali Advisors LLC lessened its stake in shares of Capital One Financial Co. (NYSE:COF) by 39.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,900 shares of the financial services provider’s stock after selling 2,500 shares during the period. Denali Advisors LLC’s holdings in Capital One Financial were worth $695,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Asset Management One Co. Ltd. grew its holdings in shares of Capital One Financial by 5.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after purchasing an additional 7,331 shares in the last quarter. Principal Financial Group Inc. grew its stake in Capital One Financial by 4.3% during the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after buying an additional 17,825 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Capital One Financial by 4.5% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock valued at $8,234,000 after buying an additional 2,006 shares during the period. Catalina Capital Group LLC increased its holdings in Capital One Financial by 8.1% in the 3rd quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock valued at $241,000 after buying an additional 121 shares during the period. Finally, CWA Asset Management Group LLC acquired a new position in shares of Capital One Financial in the 3rd quarter valued at approximately $1,649,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Up 1.4 %

Shares of NYSE COF opened at $196.54 on Thursday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. 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 has a market cap of $74.95 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a 50 day simple moving average of $192.45 and a 200 day simple moving average of $172.06.

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, beating analysts’ consensus estimates of $2.78 by $0.31. The firm 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%. During the same quarter in the previous year, the company posted $2.81 EPS. The business’s revenue was up 7.2% on a year-over-year basis. On average, research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on COF shares. Barclays increased their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. Wells Fargo & Company boosted their price target on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Royal Bank of Canada raised their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Finally, Truist Financial boosted their target price on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average 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.