Game Plan Financial Advisors LLC Invests $71,000 in Capital One Financial Co. (NYSE:COF)

Game Plan Financial Advisors LLC bought a new position in Capital One Financial Co. (NYSE:COF) in the 4th quarter, Holdings Channel.com reports. The firm bought 400 shares of the financial services provider’s stock, valued at approximately $71,000.

Several other institutional investors have also modified their holdings of COF. Creative Planning lifted its stake in shares of Capital One Financial by 7.2% in the third quarter. Creative Planning now owns 52,492 shares of the financial services provider’s stock worth $7,860,000 after acquiring an additional 3,507 shares in the last quarter. Vontobel Holding Ltd. lifted its holdings in Capital One Financial by 3.6% during the 3rd quarter. Vontobel Holding Ltd. now owns 16,299 shares of the financial services provider’s stock worth $2,440,000 after buying an additional 562 shares during the last quarter. nVerses Capital LLC bought a new position in Capital One Financial during the 3rd quarter worth approximately $90,000. Global Retirement Partners LLC lifted its holdings in Capital One Financial by 5.1% during the 3rd quarter. Global Retirement Partners LLC now owns 2,804 shares of the financial services provider’s stock worth $420,000 after buying an additional 136 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Capital One Financial by 1.9% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 44,168 shares of the financial services provider’s stock worth $6,613,000 after buying an additional 836 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Up 2.5 %

Shares of COF stock opened at $202.25 on Friday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63. The stock has a market cap of $77.10 billion, a PE ratio of 17.45, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47. The business’s fifty day moving average is $189.51 and its 200-day moving average is $168.35. 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 (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the firm earned $2.81 EPS. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities analysts expect that Capital One Financial Co. will post 15.41 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Wall Street Analyst Weigh In

COF has been the topic of several recent research reports. Robert W. Baird raised their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Truist Financial raised their price target on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a report on Monday, January 27th. JPMorgan Chase & Co. raised their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a report on Tuesday, January 14th. Finally, Royal Bank of Canada raised their price target on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. Nine analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $196.31.

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.