Capital One Financial Co. (NYSE:COF) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC increased its position in shares of Capital One Financial Co. (NYSE:COF) by 91.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,589 shares of the financial services provider’s stock after purchasing an additional 8,392 shares during the period. Empowered Funds LLC’s holdings in Capital One Financial were worth $3,136,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial during the 4th quarter worth $32,000. Catalyst Capital Advisors LLC purchased a new stake in Capital One Financial in the 3rd quarter valued at about $36,000. Creative Financial Designs Inc. ADV lifted its position in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares during the last quarter. Eastern Bank purchased a new position in Capital One Financial during the third quarter worth about $44,000. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Capital One Financial during the third quarter valued at about $47,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on COF. Robert W. Baird upped their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Truist Financial upped their price target 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. Royal Bank of Canada raised their price target on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods boosted their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Finally, Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and lowered their target price for the company from $203.00 to $200.00 in a report on Monday, December 9th. Nine equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $196.31.

Capital One Financial Stock Up 0.4 %

Shares of Capital One Financial stock opened at $197.33 on Friday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $208.63. The company has a 50 day moving average of $188.99 and a 200 day moving average of $167.78. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $75.23 billion, a P/E ratio of 17.03, a P/E/G ratio of 1.26 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The firm 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 company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.81 earnings per share. As a group, research analysts forecast that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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

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.