675 Shares in Capital One Financial Co. (NYSE:COF) Acquired by Planned Solutions Inc.

Planned Solutions Inc. purchased a new stake in Capital One Financial Co. (NYSE:COF) during the 4th quarter, Holdings Channel.com reports. The fund purchased 675 shares of the financial services provider’s stock, valued at approximately $89,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in COF. RNC Capital Management LLC lifted its holdings in shares of Capital One Financial by 6.8% in the 4th quarter. RNC Capital Management LLC now owns 290,425 shares of the financial services provider’s stock valued at $38,081,000 after purchasing an additional 18,480 shares during the last quarter. Heartwood Wealth Advisors LLC acquired a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $223,000. Assenagon Asset Management S.A. grew its position in shares of Capital One Financial by 1,058.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 202,881 shares of the financial services provider’s stock worth $26,602,000 after acquiring an additional 185,370 shares during the last quarter. Armstrong Advisory Group Inc. increased its holdings in shares of Capital One Financial by 4.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 4,136 shares of the financial services provider’s stock valued at $542,000 after acquiring an additional 190 shares during the period. Finally, Sendero Wealth Management LLC raised its position in Capital One Financial by 4.8% in the 4th quarter. Sendero Wealth Management LLC now owns 59,115 shares of the financial services provider’s stock valued at $7,751,000 after purchasing an additional 2,711 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

COF opened at $144.57 on Thursday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market capitalization of $54.99 billion, a PE ratio of 12.10, a P/E/G ratio of 1.22 and a beta of 1.47. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $144.57. The company’s 50 day simple moving average is $136.00 and its 200 day simple moving average is $118.94.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). The firm had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. As a group, sell-side analysts expect that Capital One Financial Co. will post 13.82 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date was Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.08%.

Analyst Ratings Changes

A number of research firms have commented on COF. Citigroup lifted their price objective on shares of Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. UBS Group upped their price objective on Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Morgan Stanley upgraded Capital One Financial from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $87.00 to $120.00 in a research note on Wednesday, December 13th. The Goldman Sachs Group upped their price target on Capital One Financial from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, December 18th. Finally, Wolfe Research upgraded shares of Capital One Financial from an “underperform” rating to a “peer perform” rating in a research report on Monday, January 29th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Capital One Financial has a consensus rating of “Hold” and an average target price of $130.90.

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.