Kingsview Wealth Management LLC Purchases 424 Shares of Capital One Financial Co. (NYSE:COF)

Kingsview Wealth Management LLC lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,288 shares of the financial services provider’s stock after purchasing an additional 424 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Capital One Financial were worth $1,478,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in Capital One Financial during the fourth quarter worth about $32,000. Catalyst Capital Advisors LLC bought a new position in shares of Capital One Financial during the 3rd quarter valued at about $36,000. Creative Financial Designs Inc. ADV grew its position in shares of Capital One Financial by 135.0% in the 3rd 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 bought a new stake in Capital One Financial during the 3rd quarter worth approximately $44,000. Finally, Prospera Private Wealth LLC acquired a new stake in Capital One Financial during the 3rd quarter worth approximately $47,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF stock opened at $198.67 on Tuesday. The stock has a market cap of $75.74 billion, a P/E ratio of 17.14, a P/E/G ratio of 1.26 and a beta of 1.47. The company has a fifty day moving average price of $188.30 and a two-hundred day moving average price of $166.87. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63. 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 (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 business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $2.81 earnings per share. As a group, equities analysts predict that Capital One Financial Co. will post 15.41 EPS for the current year.

Capital One Financial Announces Dividend

The firm 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. This represents a $2.40 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Barclays upped their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research note on Tuesday, January 14th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, 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 research report on Monday, December 9th. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average price target of $196.31.

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.