Atria Wealth Solutions Inc. Buys 2,726 Shares of Capital One Financial Co. (NYSE:COF)

Atria Wealth Solutions Inc. raised its stake in Capital One Financial Co. (NYSE:COF) by 21.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,414 shares of the financial services provider’s stock after purchasing an additional 2,726 shares during the period. Atria Wealth Solutions Inc.’s holdings in Capital One Financial were worth $2,749,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Foundations Investment Advisors LLC raised its stake in Capital One Financial by 14.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,024 shares of the financial services provider’s stock worth $303,000 after buying an additional 258 shares during the period. Eastern Bank bought a new stake in shares of Capital One Financial during the third quarter valued at approximately $44,000. Private Advisor Group LLC raised its position in shares of Capital One Financial by 10.4% during the third quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock worth $1,288,000 after purchasing an additional 808 shares during the period. Commerzbank Aktiengesellschaft FI bought a new position in shares of Capital One Financial in the 3rd quarter worth $217,000. Finally, IFM Investors Pty Ltd grew its position in Capital One Financial by 0.9% in the 3rd quarter. IFM Investors Pty Ltd now owns 86,517 shares of the financial services provider’s stock valued at $12,954,000 after purchasing an additional 741 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the topic of several research reports. Royal Bank of Canada upped their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the company from $207.00 to $235.00 in a research note on Wednesday. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, Truist Financial lifted their target price on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $198.50.

Capital One Financial Stock Performance

NYSE COF opened at $200.38 on Friday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a 50-day simple moving average of $191.46 and a 200 day simple moving average of $170.48. The company has a market capitalization of $76.39 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 1.21 and a beta of 1.47. 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 posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the firm posted $2.81 EPS. Capital One Financial’s revenue was up 7.2% on a year-over-year basis. On average, research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.20%. Capital One Financial’s dividend payout ratio is presently 20.71%.

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.