JBF Capital Inc. Lowers Stock Position in Capital One Financial Co. (NYSE:COF)

JBF Capital Inc. decreased its holdings in Capital One Financial Co. (NYSE:COF) by 37.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,000 shares of the financial services provider’s stock after selling 3,000 shares during the period. JBF Capital Inc.’s holdings in Capital One Financial were worth $892,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Bfsg LLC purchased a new stake in shares of Capital One Financial during the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Capital One Financial during the fourth quarter valued at about $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial in the 4th quarter valued at about $29,000. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $32,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Robert W. Baird raised shares of Capital One Financial from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Evercore ISI raised 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. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Finally, Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $206.07.

Capital One Financial Price Performance

Shares of COF opened at $162.77 on Friday. The company has a market capitalization of $62.09 billion, a P/E ratio of 14.04, a P/E/G ratio of 1.19 and a beta of 1.24. The business’s 50-day moving average is $178.17 and its two-hundred day moving average is $179.62. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. 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 announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the business earned $2.81 earnings per share. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. Research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.47%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.