Atlas Capital Advisors Inc. Buys 1,918 Shares of Capital One Financial Co. (NYSE:COF)

Atlas Capital Advisors Inc. lifted its stake in Capital One Financial Co. (NYSE:COF) by 80.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,305 shares of the financial services provider’s stock after acquiring an additional 1,918 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Capital One Financial were worth $768,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in COF. Bfsg LLC purchased a new stake in Capital One Financial during the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Capital One Financial in the fourth quarter worth $27,000. TruNorth Capital Management LLC purchased a new stake in Capital One Financial during the fourth quarter valued at $29,000. Decker Retirement Planning Inc. bought a new position in Capital One Financial in the fourth quarter valued at about $32,000. Finally, SBI Securities Co. Ltd. purchased a new position in Capital One Financial in the fourth quarter worth about $32,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $164.06 on Friday. The firm has a market cap of $62.58 billion, a price-to-earnings ratio of 14.16, a P/E/G ratio of 1.19 and a beta of 1.24. The firm has a fifty day moving average price of $188.98 and a 200 day moving average price of $178.42. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the firm earned $2.81 EPS. The business’s revenue was up 7.2% on a year-over-year basis. As a group, sell-side analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on COF. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Citigroup dropped their price target on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, March 24th. Royal Bank of Canada upped their price objective on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd. Evercore ISI upgraded Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a research report on Wednesday, March 12th. Finally, Argus upgraded Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average target price of $206.63.

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.