Parkside Financial Bank & Trust Purchases 2,408 Shares of Capital One Financial Co. (NYSE:COF)

Parkside Financial Bank & Trust boosted its position in Capital One Financial Co. (NYSE:COF) by 489.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,900 shares of the financial services provider’s stock after purchasing an additional 2,408 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Capital One Financial were worth $380,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Quent Capital LLC raised its holdings in Capital One Financial by 4.9% in the 4th quarter. Quent Capital LLC now owns 1,819 shares of the financial services provider’s stock valued at $239,000 after acquiring an additional 85 shares in the last quarter. Greylin Investment Management Inc raised its holdings in Capital One Financial by 1.7% in the 4th quarter. Greylin Investment Management Inc now owns 6,070 shares of the financial services provider’s stock valued at $796,000 after acquiring an additional 100 shares in the last quarter. 626 Financial LLC raised its holdings in Capital One Financial by 4.2% in the 4th quarter. 626 Financial LLC now owns 2,591 shares of the financial services provider’s stock valued at $340,000 after acquiring an additional 105 shares in the last quarter. MV Capital Management Inc. raised its holdings in shares of Capital One Financial by 43.9% during the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock worth $45,000 after buying an additional 105 shares in the last quarter. Finally, HB Wealth Management LLC raised its holdings in shares of Capital One Financial by 0.8% during the 4th quarter. HB Wealth Management LLC now owns 13,485 shares of the financial services provider’s stock worth $1,768,000 after buying an additional 106 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of COF traded up $0.21 on Wednesday, reaching $148.11. 986,273 shares of the company’s stock traded hands, compared to its average volume of 2,658,018. The stock’s 50 day simple moving average is $139.82 and its two-hundred day simple moving average is $125.28. Capital One Financial Co. has a 52-week low of $83.93 and a 52-week high of $149.94. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. The stock has a market cap of $56.34 billion, a PE ratio of 12.38, a PEG ratio of 1.06 and a beta of 1.48.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The firm had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.45 billion. On average, analysts forecast that Capital One Financial Co. will post 13.84 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were given a dividend of $0.60 per share. The ex-dividend date was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a yield of 1.62%. Capital One Financial’s payout ratio is 20.08%.

Analyst Ratings Changes

A number of research firms have recently commented on COF. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a report on Wednesday, April 3rd. BMO Capital Markets upped their target price on Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a report on Monday, January 29th. Deutsche Bank Aktiengesellschaft started coverage on Capital One Financial in a report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 target price for the company. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $159.00 target price on shares of Capital One Financial in a report on Wednesday, March 27th. Finally, Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price for the company in a report on Thursday, April 4th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $137.05.

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.