Capital Management Associates NY Trims Stock Holdings in Capital One Financial Co. (NYSE:COF)

Capital Management Associates NY lowered its holdings in Capital One Financial Co. (NYSE:COF) by 20.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,181 shares of the financial services provider’s stock after selling 1,295 shares during the period. Capital Management Associates NY’s holdings in Capital One Financial were worth $924,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of COF. Norden Group LLC boosted its stake in shares of Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock worth $358,000 after acquiring an additional 51 shares in the last quarter. Catalyst Financial Partners LLC boosted its stake in shares of Capital One Financial by 3.9% during the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after acquiring an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its stake in shares of Capital One Financial by 3.3% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock worth $317,000 after acquiring an additional 56 shares in the last quarter. TFB Advisors LLC boosted its stake in shares of Capital One Financial by 4.1% during the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 59 shares in the last quarter. Finally, Money Concepts Capital Corp boosted its stake in shares of Capital One Financial by 4.1% during the 4th quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after acquiring an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Truist Financial raised their price objective on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Baird R W raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Argus raised Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Royal Bank of Canada lifted their price target on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Finally, HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a report on Tuesday, January 14th. Five equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $206.67.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $172.06 on Friday. The business’s 50-day moving average price is $192.37 and its two-hundred day moving average price is $175.19. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a market capitalization of $65.61 billion, a P/E ratio of 14.85, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

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. 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 the consensus estimate of $10.22 billion. During the same quarter in the previous year, the company posted $2.81 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. Analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.39%. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.