Schechter Investment Advisors LLC Has $334,000 Stake in Capital One Financial Co. (NYSE:COF)

Schechter Investment Advisors LLC reduced its position in Capital One Financial Co. (NYSE:COF) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,872 shares of the financial services provider’s stock after selling 56 shares during the period. Schechter Investment Advisors LLC’s holdings in Capital One Financial were worth $334,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of COF. Fidelis Capital Partners LLC grew its holdings in shares of Capital One Financial by 2.6% during the fourth quarter. Fidelis Capital Partners LLC now owns 3,762 shares of the financial services provider’s stock valued at $671,000 after buying an additional 97 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Capital One Financial in the 4th quarter valued at about $32,000. Jones Financial Companies Lllp boosted its stake in Capital One Financial by 38.7% during the 4th quarter. Jones Financial Companies Lllp now owns 56,260 shares of the financial services provider’s stock valued at $10,032,000 after purchasing an additional 15,704 shares during the last quarter. Modera Wealth Management LLC increased its holdings in Capital One Financial by 19.1% during the 4th quarter. Modera Wealth Management LLC now owns 2,932 shares of the financial services provider’s stock worth $523,000 after purchasing an additional 471 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its stake in shares of Capital One Financial by 1,012.1% in the fourth quarter. SRS Capital Advisors Inc. now owns 3,681 shares of the financial services provider’s stock worth $657,000 after purchasing an additional 3,350 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Up 0.6 %

Shares of NYSE COF opened at $186.09 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market capitalization of $70.96 billion, a PE ratio of 16.06, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The business’s fifty day moving average price is $193.77 and its 200-day moving average price is $174.05.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The business 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 company’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.81 earnings per share. On average, equities research analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Analyst Ratings Changes

Several brokerages recently issued reports on COF. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and upped their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Barclays lifted their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research report on Tuesday, January 14th. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Finally, 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. Seven investment 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $202.27.

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.