Great Lakes Retirement Inc. Sells 338 Shares of Capital One Financial Co. (NYSE:COF)

Great Lakes Retirement Inc. lowered its position in Capital One Financial Co. (NYSE:COF) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,931 shares of the financial services provider’s stock after selling 338 shares during the period. Great Lakes Retirement Inc.’s holdings in Capital One Financial were worth $1,592,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Gladstone Institutional Advisory LLC increased its holdings in shares of Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock worth $317,000 after acquiring an additional 56 shares in the last quarter. TFB Advisors LLC grew its stake in shares of Capital One Financial by 4.1% during the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 59 shares in the last quarter. Money Concepts Capital Corp lifted its position in shares of Capital One Financial by 4.1% in the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after purchasing an additional 61 shares in the last quarter. Grove Bank & Trust grew its position in Capital One Financial by 7.0% in the fourth quarter. Grove Bank & Trust now owns 973 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 64 shares in the last quarter. Finally, Cerro Pacific Wealth Advisors LLC boosted its stake in shares of Capital One Financial by 1.1% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 5,861 shares of the financial services provider’s stock worth $1,045,000 after buying an additional 64 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 0.3 %

COF stock opened at $199.32 on Wednesday. The firm has a 50-day moving average price of $188.53 and a 200-day moving average price of $167.22. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $208.63. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $75.99 billion, a P/E ratio of 17.20, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period in the prior year, the company earned $2.81 EPS. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company 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 dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Analyst Upgrades and Downgrades

COF has been the subject of a number of analyst reports. Truist Financial raised their price target on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Keefe, Bruyette & Woods increased their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Wells Fargo & Company boosted their price objective on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Finally, Evercore ISI increased their target price on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Nine equities 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 company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $196.31.

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.