First Horizon Advisors Inc. Decreases Holdings in Capital One Financial Co. (NYSE:COF)

First Horizon Advisors Inc. trimmed its position in shares of Capital One Financial Co. (NYSE:COF) by 11.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,914 shares of the financial services provider’s stock after selling 765 shares during the period. First Horizon Advisors Inc.’s holdings in Capital One Financial were worth $1,055,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Catalyst Financial Partners LLC grew its stake in Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after acquiring an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC grew its stake in Capital One Financial by 3.3% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock worth $317,000 after acquiring an additional 56 shares in the last quarter. TFB Advisors LLC grew its stake in Capital One Financial by 4.1% in the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 59 shares in the last quarter. Money Concepts Capital Corp grew its stake in Capital One Financial by 4.1% in the 4th quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after acquiring an additional 61 shares in the last quarter. Finally, Roman Butler Fullerton & Co. grew its stake in Capital One Financial by 3.5% in the 4th quarter. Roman Butler Fullerton & Co. now owns 1,852 shares of the financial services provider’s stock worth $330,000 after acquiring an additional 62 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Trading Down 0.1 %

NYSE COF opened at $199.93 on Tuesday. The company has a fifty day simple moving average of $191.76 and a two-hundred day simple moving average of $171.47. The stock has a market cap of $76.24 billion, a P/E ratio of 17.25, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. 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 (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. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter last year, the company posted $2.81 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. On average, analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. The ex-dividend date 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%.

Analysts Set New Price Targets

COF has been the topic of a number of research analyst reports. The Goldman Sachs Group upped their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Truist Financial upped 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 note on Monday, January 27th. Wells Fargo & Company increased their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada increased 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. Seven equities research 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $202.27.

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.