Hartford Investment Management Co. Has $4.20 Million Position in Capital One Financial Co. (NYSE:COF)

Hartford Investment Management Co. lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,567 shares of the financial services provider’s stock after selling 590 shares during the period. Hartford Investment Management Co.’s holdings in Capital One Financial were worth $4,202,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of COF. Gladstone Institutional Advisory LLC raised its position in Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after acquiring an additional 56 shares in the last quarter. TFB Advisors LLC increased its holdings 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 valued at $265,000 after acquiring an additional 59 shares during the last quarter. Money Concepts Capital Corp boosted its position in Capital One Financial by 4.1% during 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 during the period. Grove Bank & Trust lifted its stake in shares of Capital One Financial by 7.0% in the fourth quarter. Grove Bank & Trust now owns 973 shares of the financial services provider’s stock worth $174,000 after buying an additional 64 shares during the last quarter. Finally, Cerro Pacific Wealth Advisors LLC raised its holdings in Capital One Financial by 1.1% in 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 acquiring an additional 64 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on COF shares. Barclays increased their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Wells Fargo & Company lifted their target price 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. The Goldman Sachs Group lifted their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Finally, UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $196.31.

Capital One Financial Stock Down 1.5 %

Capital One Financial stock opened at $196.36 on Thursday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $208.63. 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 firm has a 50 day moving average price of $188.77 and a two-hundred day moving average price of $167.57. The firm has a market cap of $74.86 billion, a price-to-earnings ratio of 16.94, a PEG ratio of 1.26 and a beta of 1.47.

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 (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.81 earnings per share. Equities analysts predict that Capital One Financial Co. will post 15.41 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 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.