Valmark Advisers Inc. Invests $210,000 in Capital One Financial Co. (NYSE:COF)

Valmark Advisers Inc. purchased a new position in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 1,179 shares of the financial services provider’s stock, valued at approximately $210,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. purchased a new position in Capital One Financial in the fourth quarter valued at $32,000. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial in the third quarter valued at $36,000. Creative Financial Designs Inc. ADV boosted its holdings in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares during the period. Eastern Bank purchased a new position in Capital One Financial in the third quarter valued at $44,000. Finally, Prospera Private Wealth LLC purchased a new position in Capital One Financial in the third quarter valued at $47,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

COF has been the subject of a number of recent research reports. Keefe, Bruyette & Woods lifted their target price on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their price target for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Truist Financial lifted their target price on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and cut their target price for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $196.31.

Capital One Financial Price Performance

Shares of COF opened at $203.06 on Wednesday. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $208.63. The stock’s 50 day moving average is $189.86 and its two-hundred day moving average is $168.99. The firm has a market capitalization of $77.41 billion, a PE ratio of 17.52, a P/E/G ratio of 1.26 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

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 for the quarter, beating 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 company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the company earned $2.81 EPS. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. Research analysts anticipate 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. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 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.