Kennondale Capital Management LLC Makes New Investment in Capital One Financial Co. (NYSE:COF)

Kennondale Capital Management LLC purchased a new position in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 13,988 shares of the financial services provider’s stock, valued at approximately $2,494,000. Capital One Financial comprises 2.0% of Kennondale Capital Management LLC’s investment portfolio, making the stock its 8th largest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of COF. Bfsg LLC acquired a new stake in Capital One Financial in the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial during the 4th quarter valued at about $27,000. TruNorth Capital Management LLC acquired a new stake in shares of Capital One Financial during the 4th quarter valued at about $29,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the 4th quarter valued at about $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Capital One Financial during the 4th quarter valued at about $32,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. The Goldman Sachs Group lifted their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Evercore ISI raised shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price target for the company in a report on Wednesday, March 12th. Finally, Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $206.67.

Capital One Financial Trading Down 4.0 %

Shares of NYSE COF opened at $165.06 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market cap of $62.94 billion, a PE ratio of 14.24, a P/E/G ratio of 1.19 and a beta of 1.47. The company has a 50-day moving average of $192.01 and a two-hundred day moving average of $175.78. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during 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 quarter in the previous year, the company earned $2.81 earnings per share. As a group, equities analysts expect 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. Stockholders of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.45%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Capital One Financial 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.