MMA Asset Management LLC Buys New Stake in Capital One Financial Co. (NYSE:COF)

MMA Asset Management LLC acquired a new stake in Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,133 shares of the financial services provider’s stock, valued at approximately $380,000.

Several other large investors also recently bought and sold shares of the stock. Catalyst Financial Partners LLC boosted its stake in Capital One Financial by 3.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after acquiring an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its stake in Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after acquiring an additional 56 shares in the last quarter. TFB Advisors LLC boosted its stake in Capital One Financial by 4.1% in the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after acquiring an additional 59 shares in the last quarter. Money Concepts Capital Corp boosted its stake in Capital One Financial by 4.1% in the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock valued at $279,000 after acquiring an additional 61 shares in the last quarter. Finally, Roman Butler Fullerton & Co. boosted its stake in Capital One Financial by 3.5% in the fourth quarter. Roman Butler Fullerton & Co. now owns 1,852 shares of the financial services provider’s stock valued at $330,000 after acquiring an additional 62 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 1.8 %

Shares of Capital One Financial stock opened at $200.57 on Friday. 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. The stock has a market cap of $76.48 billion, a PE ratio of 17.31, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a 50-day moving average of $193.32 and a two-hundred day moving average of $172.97.

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, beating analysts’ consensus estimates 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 company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the company posted $2.81 earnings per share. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, research analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced 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 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 presently 20.71%.

Analyst Ratings Changes

COF has been the subject of several recent research reports. 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 note on Monday, January 27th. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Wells Fargo & Company increased their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Barclays increased their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Finally, JPMorgan Chase & Co. increased their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.