Capital One Financial Co. (NYSE:COF) Shares Sold by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC lowered its position in shares of Capital One Financial Co. (NYSE:COF) by 7.1% in the 4th quarter, Holdings Channel reports. The fund owned 3,693 shares of the financial services provider’s stock after selling 284 shares during the period. Lake Street Advisors Group LLC’s holdings in Capital One Financial were worth $659,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of COF. Bfsg LLC bought a new position in Capital One Financial in the 4th quarter worth about $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial during the fourth quarter worth approximately $29,000. Decker Retirement Planning Inc. bought a new position in Capital One Financial in the 4th quarter worth approximately $32,000. Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial in the 3rd quarter valued at approximately $36,000. Finally, Creative Financial Designs Inc. ADV raised its stake in Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 166 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

COF opened at $197.00 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market cap of $75.12 billion, a PE ratio of 17.00, a P/E/G ratio of 1.19 and a beta of 1.47. The business has a fifty day simple moving average of $192.88 and a 200-day simple moving average of $172.23. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share 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 business had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the company posted $2.81 EPS. Capital One Financial’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, equities analysts predict that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s payout ratio is presently 20.71%.

Analyst Ratings Changes

COF has been the subject of several recent analyst reports. Keefe, Bruyette & Woods increased their price target on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Bank of America raised shares of 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 note on Wednesday, February 19th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research note on Tuesday, January 14th. Seven analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $202.27.

About Capital One Financial

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.