160 Shares in Capital One Financial Co. (NYSE:COF) Bought by TruNorth Capital Management LLC

TruNorth Capital Management LLC bought a new stake in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 160 shares of the financial services provider’s stock, valued at approximately $29,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Private Advisor Group LLC boosted its stake in Capital One Financial by 10.4% during the 3rd quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock worth $1,288,000 after acquiring an additional 808 shares during the last quarter. Ballentine Partners LLC increased its position in shares of Capital One Financial by 18.0% in the 3rd quarter. Ballentine Partners LLC now owns 3,935 shares of the financial services provider’s stock valued at $589,000 after buying an additional 601 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Capital One Financial by 2.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,042 shares of the financial services provider’s stock worth $6,197,000 after buying an additional 933 shares during the period. Arkadios Wealth Advisors lifted its holdings in Capital One Financial by 3.9% during the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after acquiring an additional 66 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Capital One Financial by 7.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,004 shares of the financial services provider’s stock valued at $3,444,000 after acquiring an additional 1,564 shares during the period. Institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the topic of a number of research analyst reports. Royal Bank of Canada raised their price target on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a report on Tuesday, January 14th. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Finally, The Goldman Sachs Group upped their price objective on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $202.27.

Capital One Financial Stock Down 0.1 %

Shares of COF stock opened at $199.93 on Tuesday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The stock has a market cap of $76.24 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.19 and a beta of 1.47. The firm’s 50-day moving average is $191.76 and its 200-day moving average is $171.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

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, 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 business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.81 earnings per share. Sell-side analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.20%. 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.