Aspen Wealth Strategies LLC Acquires 176 Shares of Capital One Financial Co. (NYSE:COF)

Aspen Wealth Strategies LLC lifted its position in Capital One Financial Co. (NYSE:COF) by 4.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,553 shares of the financial services provider’s stock after buying an additional 176 shares during the period. Aspen Wealth Strategies LLC’s holdings in Capital One Financial were worth $812,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bfsg LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $32,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

COF opened at $165.06 on Tuesday. 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 fifty day moving average price of $192.01 and a 200 day moving average price of $175.78. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The stock has a market cap of $62.94 billion, a P/E ratio of 14.24, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (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 firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the previous year, the business posted $2.81 EPS. The business’s revenue was up 7.2% compared to the same quarter last year. Equities research analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is presently 20.71%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on COF. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. The Goldman Sachs Group boosted their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Finally, Truist Financial lifted their price objective on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $206.67.

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.