Aspen Wealth Strategies LLC boosted its stake in shares of Capital One Financial Co. (NYSE:COF) by 4.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 4,553 shares of the financial services provider’s stock after acquiring an additional 176 shares during the period. Aspen Wealth Strategies LLC’s holdings in Capital One Financial were worth $812,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in COF. Bfsg LLC acquired a new position in Capital One Financial during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Capital One Financial during the fourth quarter worth $27,000. TruNorth Capital Management LLC purchased a new stake in shares of Capital One Financial during the fourth quarter worth $29,000. Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial during the fourth quarter worth $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Capital One Financial during the fourth quarter worth $32,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
COF has been the subject of a number of research reports. The Goldman Sachs Group upped 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. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a report on Tuesday, January 14th. Finally, Wells Fargo & Company upped their price objective 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. 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 company’s stock. According to data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and an average target price of $206.67.
Capital One Financial Trading Down 4.0 %
Shares of COF stock opened at $165.06 on Tuesday. 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 firm has a market cap of $62.94 billion, a PE ratio of 14.24, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a 50-day moving average of $192.01 and a two-hundred day moving average of $175.78. 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 – Get Free Report) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.81 earnings per share. On average, analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.
Capital One Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given 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 1.45%. Capital One Financial’s dividend payout ratio is presently 20.71%.
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.
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