Synergy Financial Group LTD bought a new stake in shares of Capital One Financial Co. (NYSE:COF – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,867 shares of the financial services provider’s stock, valued at approximately $333,000.
A number of other hedge funds have also recently modified their holdings of the business. Addison Advisors LLC boosted its stake in shares of Capital One Financial by 3,676.2% during the fourth quarter. Addison Advisors LLC now owns 793 shares of the financial services provider’s stock valued at $141,000 after purchasing an additional 772 shares during the period. Wealthstream Advisors Inc. purchased a new stake in Capital One Financial in the 4th quarter valued at about $287,000. Crestwood Advisors Group LLC boosted its position in Capital One Financial by 20.8% in the 4th quarter. Crestwood Advisors Group LLC now owns 3,508 shares of the financial services provider’s stock valued at $626,000 after buying an additional 605 shares during the period. IFP Advisors Inc grew its stake in Capital One Financial by 31.0% in the 4th quarter. IFP Advisors Inc now owns 2,403 shares of the financial services provider’s stock worth $428,000 after acquiring an additional 569 shares in the last quarter. Finally, Dover Advisors LLC purchased a new position in shares of Capital One Financial during the fourth quarter worth approximately $219,000. Institutional investors own 89.84% of the company’s stock.
Capital One Financial Stock Down 0.1 %
Capital One Financial stock opened at $199.93 on Tuesday. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The business has a fifty day moving average price of $191.76 and a 200-day moving average price of $171.47. 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 stock has a market capitalization of $76.24 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.19 and a beta of 1.47.
Capital One Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders 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 yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio is presently 20.71%.
Analysts Set New Price Targets
COF has been the topic of several research analyst reports. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Royal Bank of Canada raised their price target on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Evercore ISI increased their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Finally, Wells Fargo & Company boosted their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Seven research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average target price of $202.27.
Read Our Latest Research Report on COF
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.
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