Capital One Financial Co. (NYSE:COF) Shares Sold by MONECO Advisors LLC

MONECO Advisors LLC reduced its stake in shares of Capital One Financial Co. (NYSE:COF) by 8.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,342 shares of the financial services provider’s stock after selling 126 shares during the period. MONECO Advisors LLC’s holdings in Capital One Financial were worth $239,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COF. Private Advisor Group LLC grew its position in Capital One Financial by 10.4% during the 3rd quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock worth $1,288,000 after purchasing an additional 808 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in Capital One Financial by 2.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,042 shares of the financial services provider’s stock worth $6,197,000 after purchasing an additional 933 shares during the period. Arkadios Wealth Advisors grew its position in Capital One Financial by 3.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 66 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in Capital One Financial by 7.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 23,004 shares of the financial services provider’s stock worth $3,444,000 after purchasing an additional 1,564 shares during the period. Finally, Concord Wealth Partners grew its position in Capital One Financial by 115.3% during the 3rd quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 173 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Trading Down 3.0 %

COF stock opened at $193.94 on Wednesday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The stock has a market cap of $73.96 billion, a price-to-earnings ratio of 16.73, a PEG ratio of 1.19 and a beta of 1.47. The business’s 50-day moving average is $192.01 and its 200 day moving average is $171.88.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share 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 period last year, the company posted $2.81 EPS. The business’s revenue was up 7.2% on a year-over-year basis. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders 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 1.24%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Argus raised Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. JPMorgan Chase & Co. raised their target price on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Finally, Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and an average price target 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.