LifePlan Financial LLC Acquires Shares of 1,546 Capital One Financial Co. (NYSE:COF)

LifePlan Financial LLC bought a new position in shares of Capital One Financial Co. (NYSE:COF) in the fourth quarter, Holdings Channel reports. The institutional investor bought 1,546 shares of the financial services provider’s stock, valued at approximately $203,000.

A number of other hedge funds have also made changes to their positions in COF. Cetera Investment Advisers grew its holdings in shares of Capital One Financial by 25.3% during the first quarter. Cetera Investment Advisers now owns 7,940 shares of the financial services provider’s stock worth $1,042,000 after purchasing an additional 1,601 shares during the last quarter. Moors & Cabot Inc. increased its position in Capital One Financial by 9.2% in the 1st quarter. Moors & Cabot Inc. now owns 3,979 shares of the financial services provider’s stock valued at $522,000 after acquiring an additional 335 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Capital One Financial by 11.4% during the first quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the financial services provider’s stock worth $388,000 after purchasing an additional 303 shares in the last quarter. Candriam Luxembourg S.C.A. grew its stake in shares of Capital One Financial by 4.1% during the first quarter. Candriam Luxembourg S.C.A. now owns 43,094 shares of the financial services provider’s stock valued at $5,658,000 after purchasing an additional 1,698 shares during the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of Capital One Financial by 4.2% during the first quarter. Baird Financial Group Inc. now owns 25,248 shares of the financial services provider’s stock valued at $3,315,000 after purchasing an additional 1,008 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE COF traded down $2.58 during trading hours on Tuesday, reaching $136.60. 254,237 shares of the stock were exchanged, compared to its average volume of 2,663,044. The stock’s fifty day simple moving average is $138.96 and its 200 day simple moving average is $123.24. The firm has a market capitalization of $51.96 billion, a price-to-earnings ratio of 11.65, a P/E/G ratio of 1.00 and a beta of 1.48. Capital One Financial Co. has a 52 week low of $83.93 and a 52 week high of $149.27. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The business had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.45 billion. Sell-side analysts predict that Capital One Financial Co. will post 13.84 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were given a $0.60 dividend. The ex-dividend date was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a yield of 1.76%. Capital One Financial’s dividend payout ratio is currently 20.08%.

Analyst Ratings Changes

Several research firms have issued reports on COF. Citigroup upped their price objective on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. BMO Capital Markets increased their target price on Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a research note on Monday, January 29th. Piper Sandler upped their price target on shares of Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a report on Friday, February 23rd. Barclays increased their price objective on shares of Capital One Financial from $114.00 to $154.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Capital One Financial in a report on Wednesday, January 10th. They set a “hold” rating and a $153.00 target price for the company. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $137.05.

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.