Avantax Advisory Services Inc. Acquires 2,771 Shares of Capital One Financial Co. (NYSE:COF)

Avantax Advisory Services Inc. grew its position in Capital One Financial Co. (NYSE:COF) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,565 shares of the financial services provider’s stock after acquiring an additional 2,771 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Capital One Financial were worth $10,087,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of COF. Norden Group LLC raised its stake in shares of Capital One Financial by 2.6% during the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after acquiring an additional 51 shares in the last quarter. Catalyst Financial Partners LLC lifted its holdings in shares of Capital One Financial by 3.9% during the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC increased its holdings in shares of Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after acquiring an additional 56 shares in the last quarter. TFB Advisors LLC lifted its stake in shares of Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock worth $265,000 after buying an additional 59 shares during the period. Finally, Money Concepts Capital Corp grew its stake in Capital One Financial by 4.1% during the 4th quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock valued at $279,000 after purchasing an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of COF opened at $170.73 on Thursday. The firm has a market capitalization of $65.10 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 1.19 and a beta of 1.47. The firm’s fifty day simple moving average is $192.80 and its 200-day simple moving average is $175.05. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $2.81 earnings per share. Equities analysts forecast that Capital One Financial Co. will post 15.65 EPS 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. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Analyst Ratings Changes

COF has been the subject of several recent research reports. The Goldman Sachs Group raised their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Royal Bank of Canada raised their target price on shares of 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. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $190.00 to $200.00 in a research note on Tuesday. Five equities 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $206.67.

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.