Flputnam Investment Management Co. Has $2.63 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Flputnam Investment Management Co. raised its stake in shares of Capital One Financial Co. (NYSE:COF) by 0.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,718 shares of the financial services provider’s stock after buying an additional 111 shares during the period. Flputnam Investment Management Co.’s holdings in Capital One Financial were worth $2,625,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Bfsg LLC acquired a new stake in Capital One Financial during the fourth quarter valued at $27,000. TruNorth Capital Management LLC acquired a new stake in shares of Capital One Financial during the 4th quarter valued at about $29,000. Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $32,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $36,000. Finally, Creative Financial Designs Inc. ADV increased its holdings in Capital One Financial by 135.0% in the third 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. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on COF. 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. Royal Bank of Canada lifted their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Truist Financial increased their target price 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. Keefe, Bruyette & Woods boosted their price target on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Finally, Wells Fargo & Company upped their price target on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Seven analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Stock Up 1.8 %

COF opened at $200.57 on Friday. The business has a 50 day moving average of $193.32 and a 200-day moving average of $172.97. The stock has a market capitalization of $76.48 billion, a price-to-earnings ratio of 17.31, a P/E/G ratio of 1.19 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67.

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 for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during 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 period in the prior year, the firm earned $2.81 EPS. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share 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. Shareholders of record on Tuesday, February 18th will be issued a $0.60 dividend. 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%.

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.