TKG Advisors LLC Reduces Stock Holdings in Capital One Financial Co. (NYSE:COF)

TKG Advisors LLC cut its position in shares of Capital One Financial Co. (NYSE:COF) by 12.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 26,605 shares of the financial services provider’s stock after selling 3,931 shares during the quarter. Capital One Financial makes up approximately 2.2% of TKG Advisors LLC’s portfolio, making the stock its 15th biggest position. TKG Advisors LLC’s holdings in Capital One Financial were worth $4,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Bfsg LLC purchased a new stake in shares of Capital One Financial during the 4th quarter valued at approximately $27,000. Decker Retirement Planning Inc. purchased a new stake in Capital One Financial in the fourth quarter valued at $32,000. Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial in the 3rd quarter valued at $36,000. Creative Financial Designs Inc. ADV grew its holdings in shares of Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 166 shares during the period. Finally, Eastern Bank acquired a new stake in shares of Capital One Financial during the 3rd quarter worth about $44,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Trading Up 0.4 %

NYSE COF opened at $203.06 on Wednesday. The firm’s fifty day moving average is $190.24 and its two-hundred day moving average is $169.47. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63. 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 $77.41 billion, a PE ratio of 17.52, a P/E/G ratio of 1.17 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued its quarterly 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 return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the firm posted $2.81 EPS. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on COF. The Goldman Sachs Group increased 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 note on Tuesday, November 19th. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $168.00 to $235.00 in a report on Monday, January 13th. Keefe, Bruyette & Woods boosted their target price on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Robert W. Baird raised their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company boosted their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Eight investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $198.50.

Capital One Financial 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.