LRI Investments LLC Purchases 193 Shares of Capital One Financial Co. (NYSE:COF)

LRI Investments LLC increased its position in Capital One Financial Co. (NYSE:COF) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,653 shares of the financial services provider’s stock after acquiring an additional 193 shares during the period. LRI Investments LLC’s holdings in Capital One Financial were worth $473,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in COF. Bfsg LLC purchased a new position in shares of Capital One Financial in the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Capital One Financial in the 4th quarter worth about $27,000. TruNorth Capital Management LLC purchased a new position in Capital One Financial in the 4th quarter worth about $29,000. SBI Securities Co. Ltd. bought a new position in Capital One Financial during the 4th quarter valued at about $32,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial during the 4th quarter valued at about $32,000. 89.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

COF has been the subject of several research reports. Robert W. Baird raised shares of Capital One Financial from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. 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. Truist Financial lifted their target price on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, April 25th. Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. Finally, BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 target price for the company in a research report on Tuesday, March 25th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $207.73.

Capital One Financial Stock Down 1.0%

COF opened at $187.68 on Monday. 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 Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The firm’s fifty day moving average is $173.12 and its 200 day moving average is $182.72. The stock has a market cap of $71.60 billion, a price-to-earnings ratio of 16.19, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating analysts’ consensus estimates of $3.75 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 billion for the quarter, compared to analysts’ expectations of $10.07 billion. On average, sell-side analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.28%. The ex-dividend date is Friday, May 23rd. Capital One Financial’s payout ratio is currently 20.15%.

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.