Pinnacle Financial Partners Inc Purchases 764 Shares of Capital One Financial Co. (NYSE:COF)

Pinnacle Financial Partners Inc grew its position in shares of Capital One Financial Co. (NYSE:COF) by 5.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,541 shares of the financial services provider’s stock after acquiring an additional 764 shares during the period. Pinnacle Financial Partners Inc’s holdings in Capital One Financial were worth $2,593,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of COF. Bfsg LLC bought a new position in shares of Capital One Financial during the fourth quarter valued at about $27,000. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial during the fourth quarter valued at about $32,000. Catalyst Capital Advisors LLC purchased a new position in shares of Capital One Financial during the third quarter valued at about $36,000. Creative Financial Designs Inc. ADV increased its position in shares of Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares during the period. Finally, Eastern Bank purchased a new position in shares of Capital One Financial during the third quarter valued at about $44,000. 89.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Barclays boosted their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Truist Financial boosted their price target on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Finally, Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $198.50.

Capital One Financial Trading Down 2.4 %

Shares of NYSE COF opened at $200.38 on Friday. The firm’s 50 day moving average price is $191.46 and its 200-day moving average price is $170.73. The company has a market cap of $76.39 billion, a PE ratio of 17.29, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. 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 earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) 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 the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.81 earnings per share. On average, equities research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors 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 yield of 1.20%. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

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.