Soltis Investment Advisors LLC Buys 138 Shares of Capital One Financial Co. (NYSE:COF)

Soltis Investment Advisors LLC boosted its holdings in Capital One Financial Co. (NYSE:COF) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,462 shares of the financial services provider’s stock after acquiring an additional 138 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Capital One Financial were worth $796,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in COF. FMR LLC increased its stake in Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after acquiring an additional 1,169,395 shares during the period. International Assets Investment Management LLC bought a new stake in Capital One Financial in the fourth quarter valued at about $130,683,000. Wellington Management Group LLP increased its stake in Capital One Financial by 268.7% in the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after acquiring an additional 710,881 shares during the period. Southpoint Capital Advisors LP bought a new stake in Capital One Financial in the third quarter valued at about $104,811,000. Finally, KBC Group NV increased its stake in Capital One Financial by 282.2% in the fourth quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock valued at $111,177,000 after acquiring an additional 460,339 shares during the period. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Robert W. Baird upped their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. 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 research report on Friday, January 3rd. Barclays boosted their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Finally, HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research report on Tuesday, January 14th. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $196.31.

Capital One Financial Price Performance

Shares of COF stock opened at $198.67 on Tuesday. The firm’s 50 day moving average is $188.30 and its 200-day moving average is $166.87. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63. The firm has a market capitalization of $75.74 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 1.26 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period in the prior year, the business posted $2.81 earnings per share. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. Sell-side analysts forecast that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.21%. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.