Capital One Financial Co. (NYSE:COF) Stake Increased by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. increased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,222 shares of the financial services provider’s stock after buying an additional 296 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in Capital One Financial were worth $1,644,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. CIBC Asset Management Inc boosted its holdings in shares of Capital One Financial by 4.5% during the fourth quarter. CIBC Asset Management Inc now owns 58,138 shares of the financial services provider’s stock worth $10,367,000 after purchasing an additional 2,484 shares during the period. Catalyst Capital Advisors LLC boosted its stake in shares of Capital One Financial by 51.3% during the 4th quarter. Catalyst Capital Advisors LLC now owns 363 shares of the financial services provider’s stock valued at $65,000 after buying an additional 123 shares during the period. Sierra Ocean LLC acquired a new stake in shares of Capital One Financial during the 4th quarter valued at $48,000. J.W. Cole Advisors Inc. grew its holdings in shares of Capital One Financial by 5.6% during the 4th quarter. J.W. Cole Advisors Inc. now owns 2,411 shares of the financial services provider’s stock valued at $430,000 after acquiring an additional 127 shares in the last quarter. Finally, Valmark Advisers Inc. acquired a new position in shares of Capital One Financial in the fourth quarter worth $210,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 2.5 %

Shares of Capital One Financial stock opened at $202.25 on Monday. The company has a market cap of $77.10 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63. The company’s fifty day simple moving average is $189.51 and its 200-day simple moving average is $168.58. 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 posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping 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 company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the previous year, the firm posted $2.81 EPS. The business’s revenue was up 7.2% compared to the same quarter last year. As a group, sell-side analysts expect that Capital One Financial Co. will post 15.41 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.19%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on COF. Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Barclays lifted their price target on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Truist Financial increased their price objective on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a report on Monday, January 27th. 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 note on Friday, January 3rd. Finally, Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Nine analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average price target 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.