CreativeOne Wealth LLC Boosts Stock Holdings in Capital One Financial Co. (NYSE:COF)

CreativeOne Wealth LLC increased its stake in Capital One Financial Co. (NYSE:COF) by 124.5% in the fourth quarter, HoldingsChannel reports. The fund owned 4,686 shares of the financial services provider’s stock after purchasing an additional 2,599 shares during the period. CreativeOne Wealth LLC’s holdings in Capital One Financial were worth $836,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Mariner LLC boosted its stake in shares of Capital One Financial by 1.9% during the fourth quarter. Mariner LLC now owns 78,387 shares of the financial services provider’s stock valued at $13,978,000 after purchasing an additional 1,453 shares during the period. Trustmark National Bank Trust Department increased its position in shares of Capital One Financial by 31.3% in the fourth quarter. Trustmark National Bank Trust Department now owns 5,801 shares of the financial services provider’s stock valued at $1,034,000 after acquiring an additional 1,382 shares during the period. SageView Advisory Group LLC raised its stake in shares of Capital One Financial by 8.7% during the fourth quarter. SageView Advisory Group LLC now owns 7,627 shares of the financial services provider’s stock valued at $1,360,000 after acquiring an additional 613 shares during the last quarter. Advisors Capital Management LLC bought a new stake in shares of Capital One Financial in the fourth quarter worth about $230,000. Finally, Sagespring Wealth Partners LLC purchased a new position in Capital One Financial during the 4th quarter valued at about $617,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 1.7 %

NYSE:COF opened at $162.77 on Friday. 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 firm has a market cap of $62.09 billion, a P/E ratio of 14.04, a P/E/G ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The firm has a 50-day simple moving average of $178.90 and a two-hundred day simple moving average of $179.28.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.81 earnings per share. Analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.47%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on COF shares. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Truist Financial decreased their price target on shares of Capital One Financial from $257.00 to $215.00 and set a “buy” rating for the company in a research note on Friday, March 21st. Citigroup reduced their target price on Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, March 24th. Finally, BTIG Research upgraded Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target on the stock in a research report on Tuesday, March 25th. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $206.07.

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.