Pinnacle Wealth Management Advisory Group LLC Has $381,000 Stock Position in Capital One Financial Co. (NYSE:COF)

Pinnacle Wealth Management Advisory Group LLC lowered its position in Capital One Financial Co. (NYSE:COF) by 4.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,138 shares of the financial services provider’s stock after selling 97 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in Capital One Financial were worth $381,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. lifted 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 purchasing an additional 127 shares in the last quarter. Valmark Advisers Inc. acquired a new position in shares of Capital One Financial in the fourth quarter valued at approximately $210,000. Csenge Advisory Group increased its position in shares of Capital One Financial by 8.4% during the fourth quarter. Csenge Advisory Group now owns 3,492 shares of the financial services provider’s stock worth $623,000 after acquiring an additional 270 shares in the last quarter. Game Plan Financial Advisors LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth $71,000. Finally, Strategic Financial Concepts LLC bought a new stake in Capital One Financial in the 4th quarter valued at $6,328,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Price Performance

COF stock opened at $202.25 on Monday. The firm has a market cap of $77.10 billion, a P/E ratio of 17.45, a P/E/G ratio of 1.26 and a beta of 1.47. The firm’s fifty day moving average is $189.51 and its 200 day moving average is $168.46. 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 Co. has a 52 week low of $128.23 and a 52 week high of $208.63.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the company earned $2.81 EPS. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. Research analysts predict that Capital One Financial Co. will post 15.41 earnings per share for the current year.

Capital One Financial Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on COF. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and reduced their price target for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Royal Bank of Canada raised their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Finally, Robert W. Baird lifted their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $196.31.

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.