270 Shares in Capital One Financial Co. (NYSE:COF) Acquired by Sierra Ocean LLC

Sierra Ocean LLC acquired a new position in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 270 shares of the financial services provider’s stock, valued at approximately $48,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC boosted its stake in shares of Capital One Financial by 21.4% during the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Capital One Financial during the fourth quarter valued at $130,683,000. Wellington Management Group LLP raised its holdings in shares of Capital One Financial by 268.7% in the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after acquiring an additional 710,881 shares in the last quarter. Southpoint Capital Advisors LP bought a new stake in shares of Capital One Financial in the third quarter valued at about $104,811,000. Finally, KBC Group NV raised its holdings in shares of Capital One Financial by 282.2% in the fourth quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock valued at $111,177,000 after acquiring an additional 460,339 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

COF has been the subject of several recent research reports. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Truist Financial lifted their price objective on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a report on Monday, January 27th. Evercore ISI lifted their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. The Goldman Sachs Group lifted their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, Wells Fargo & Company lifted their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.31.

Capital One Financial Stock Performance

COF opened at $202.25 on Tuesday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $208.63. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market cap of $77.10 billion, a P/E ratio of 17.45, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47. The firm’s 50-day moving average price is $189.51 and its 200-day moving average price is $168.58.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates 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%. Capital One Financial’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.81 earnings per share. As a group, equities analysts anticipate that Capital One Financial Co. will post 15.41 EPS for the current fiscal 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 given 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 dividend payout ratio is presently 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.