FPC Investment Advisory Inc. Invests $51,000 in Capital One Financial Co. (NYSE:COF)

FPC Investment Advisory Inc. acquired a new position in shares of Capital One Financial Co. (NYSE:COF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 287 shares of the financial services provider’s stock, valued at approximately $51,000.

Other hedge funds have also modified their holdings of the company. Bfsg LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth $27,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the 4th quarter worth $32,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial during the 3rd quarter worth $36,000. Creative Financial Designs Inc. ADV increased its holdings in shares of Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after buying an additional 166 shares during the last quarter. Finally, Eastern Bank purchased a new stake in Capital One Financial during the 3rd quarter worth $44,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on COF shares. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a research report on Tuesday, January 14th. Royal Bank of Canada upped their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. Finally, Truist Financial upped their price target on shares of Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Eight investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $198.50.

Capital One Financial Price Performance

COF opened at $200.38 on Friday. The firm has a market cap of $76.39 billion, a price-to-earnings ratio of 17.29, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The company’s 50-day moving average price is $191.46 and its 200 day moving average price is $170.73. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.81 earnings per share. As a group, sell-side analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.20%. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

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.