Capital One Financial Co. (NYSE:COF) Shares Bought by Linscomb Wealth Inc.

Linscomb Wealth Inc. lifted its position in shares of Capital One Financial Co. (NYSE:COF) by 1.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,382 shares of the financial services provider’s stock after acquiring an additional 288 shares during the quarter. Linscomb Wealth Inc.’s holdings in Capital One Financial were worth $4,704,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Catalyst Financial Partners LLC lifted its holdings in shares of 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 valued at $255,000 after buying an additional 54 shares during the period. Gladstone Institutional Advisory LLC raised its position 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 worth $317,000 after acquiring an additional 56 shares in the last quarter. TFB Advisors LLC lifted its holdings 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 during the period. Money Concepts Capital Corp boosted its position in shares of Capital One Financial by 4.1% during the 4th quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after purchasing an additional 61 shares in the last quarter. Finally, Roman Butler Fullerton & Co. grew its stake in shares of Capital One Financial by 3.5% during the 4th quarter. Roman Butler Fullerton & Co. now owns 1,852 shares of the financial services provider’s stock worth $330,000 after purchasing an additional 62 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

Shares of COF stock opened at $197.00 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 debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $75.12 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The business has a 50 day simple moving average of $192.88 and a 200 day simple moving average of $172.23.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company 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 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 $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on COF shares. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price for the company in a report on Tuesday, January 14th. Truist Financial raised their price objective on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Barclays boosted their target price on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Wells Fargo & Company raised their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Finally, Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Seven 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 company’s stock. Based on data from MarketBeat, the company presently 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.