Capital One Financial Co. (NYSE:COF) Stock Position Lowered by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC lessened its position in Capital One Financial Co. (NYSE:COF) by 4.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,316 shares of the financial services provider’s stock after selling 907 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in Capital One Financial were worth $3,623,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bfsg LLC bought a new stake in shares of Capital One Financial in the 4th quarter worth $27,000. Decker Retirement Planning Inc. bought a new stake in shares of Capital One Financial in the 4th quarter worth $32,000. Catalyst Capital Advisors LLC bought a new stake in shares of Capital One Financial in the 3rd quarter worth $36,000. Sierra Ocean LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth $48,000. Finally, FPC Investment Advisory Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter worth $51,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the topic of a number of recent analyst reports. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Wells Fargo & Company boosted their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. JPMorgan Chase & Co. boosted their target price on 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 raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. Finally, Truist Financial boosted their target price on 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 research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $198.50.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $200.38 on Friday. The business’s 50-day moving average price is $191.46 and its two-hundred day moving average price is $170.73. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a market capitalization of $76.39 billion, a P/E ratio of 17.29, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its quarterly 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 company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.81 EPS. Analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

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