Murphy & Mullick Capital Management Corp Buys New Holdings in Capital One Financial Co. (NYSE:COF)

Murphy & Mullick Capital Management Corp purchased a new position in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 229 shares of the financial services provider’s stock, valued at approximately $41,000.

A number of other institutional investors also recently bought and sold shares of the business. Norden Group LLC increased its stake in shares of Capital One Financial by 2.6% in the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock worth $358,000 after acquiring an additional 51 shares during the period. Catalyst Financial Partners LLC grew its position in Capital One Financial by 3.9% during the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after purchasing an additional 54 shares during the period. Gladstone Institutional Advisory LLC raised its stake in shares of Capital One Financial by 3.3% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after buying an additional 56 shares during the last quarter. TFB Advisors LLC lifted its holdings in shares of Capital One Financial by 4.1% in the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after buying an additional 59 shares during the period. Finally, Money Concepts Capital Corp boosted its stake 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 buying an additional 61 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Trading Down 0.8 %

Shares of COF opened at $178.38 on Friday. The firm’s fifty day moving average is $191.05 and its two-hundred day moving average is $177.15. The stock has a market cap of $68.02 billion, a PE ratio of 15.39, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67.

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 (EPS) 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 company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the prior year, the company earned $2.81 EPS. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. Research analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on COF. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and raised their price target for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Citigroup lowered their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday. Finally, Truist Financial cut their price target on Capital One Financial from $257.00 to $215.00 and set a “buy” rating for the company in a research note on Friday, March 21st. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $206.63.

Capital One Financial Company 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.