Wealthspire Advisors LLC Has $1.25 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Wealthspire Advisors LLC lifted its stake in Capital One Financial Co. (NYSE:COF) by 38.3% in the fourth quarter, HoldingsChannel reports. The firm owned 6,999 shares of the financial services provider’s stock after purchasing an additional 1,938 shares during the period. Wealthspire Advisors LLC’s holdings in Capital One Financial were worth $1,248,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Bfsg LLC acquired a new position in shares of Capital One Financial in the fourth quarter worth about $27,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $36,000. Sierra Ocean LLC acquired a new position in Capital One Financial in the 4th quarter worth approximately $48,000. Finally, FPC Investment Advisory Inc. purchased a new position in Capital One Financial during the 4th quarter worth approximately $51,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $199.93 on Tuesday. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a market cap of $76.24 billion, a P/E ratio of 17.25, a P/E/G ratio of 1.19 and a beta of 1.47. The business’s 50 day moving average is $191.76 and its two-hundred day moving average is $171.47. 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 (NYSE:COF) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business 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 firm posted $2.81 earnings per share. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. On average, equities analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced 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 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s payout ratio is presently 20.71%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on COF. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the company from $168.00 to $235.00 in a report on Monday, January 13th. Barclays increased their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Wells Fargo & Company lifted their target price on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a research report on Tuesday, January 14th. Finally, Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Seven investment 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’s stock. According to data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus target price of $202.27.

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.