Proficio Capital Partners LLC Raises Stake in Capital One Financial Co. (NYSE:COF)

Proficio Capital Partners LLC raised its position in shares of Capital One Financial Co. (NYSE:COF) by 22,556.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 455,853 shares of the financial services provider’s stock after purchasing an additional 453,841 shares during the quarter. Proficio Capital Partners LLC owned 0.12% of Capital One Financial worth $81,288,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Bfsg LLC purchased a new position in Capital One Financial during the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC purchased a new position in Capital One Financial during the fourth quarter valued at approximately $29,000. Decker Retirement Planning Inc. purchased a new position in Capital One Financial during the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial during the third quarter valued at approximately $36,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of 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 worth $43,000 after buying an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. The Goldman Sachs Group boosted their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Truist Financial boosted their target price on shares of Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Finally, Royal Bank of Canada boosted their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. Seven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $202.27.

Capital One Financial Trading Up 0.1 %

COF stock opened at $197.00 on Friday. 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 twelve month low of $128.23 and a twelve month high of $210.67. The stock has a market capitalization of $75.12 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The firm’s fifty day simple moving average is $192.88 and its two-hundred day simple moving average is $172.23.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.81 earnings per share. As a group, analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s payout ratio 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.