Avantax Advisory Services Inc. Raises Holdings in Capital One Financial Co. (NYSE:COF)

Avantax Advisory Services Inc. lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 5.2% during the fourth quarter, Holdings Channel reports. 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 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in COF. Bfsg LLC purchased a new position in Capital One Financial during the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Capital One Financial during the fourth quarter worth approximately $27,000. TruNorth Capital Management LLC purchased a new position in shares of Capital One Financial during the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. purchased a new position in Capital One Financial during the 4th quarter worth $32,000. Finally, Decker Retirement Planning Inc. purchased a new position in Capital One Financial during the 4th quarter worth $32,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on COF shares. Truist Financial raised their price target on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Keefe, Bruyette & Woods lifted their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. UBS Group upgraded shares of 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 research report on Monday, January 13th. Royal Bank of Canada lifted their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Finally, Evercore ISI raised shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $206.67.

Capital One Financial Stock Performance

Shares of COF opened at $170.73 on Thursday. 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 company 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 company’s 50 day simple moving average is $192.80 and its 200 day simple moving average is $175.05. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67.

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 for the quarter, topping analysts’ consensus estimates 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 company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the prior year, the company posted $2.81 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, sell-side analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.41%. Capital One Financial’s payout ratio is currently 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.