HM Payson & Co. Has $1.35 Million Stock Position in Capital One Financial Co. (NYSE:COF)

HM Payson & Co. reduced its holdings in shares of Capital One Financial Co. (NYSE:COF) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,577 shares of the financial services provider’s stock after selling 497 shares during the quarter. HM Payson & Co.’s holdings in Capital One Financial were worth $1,351,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Bfsg LLC acquired a new position in shares of Capital One Financial during the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Capital One Financial during the fourth quarter valued at about $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial during the fourth quarter valued at about $29,000. SBI Securities Co. Ltd. acquired a new position in shares of Capital One Financial during the fourth quarter valued at about $32,000. Finally, Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial during the fourth quarter valued at about $32,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

COF has been the topic of a number of recent analyst reports. Royal Bank of Canada raised their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. 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. Wells Fargo & Company raised their price target on shares of 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, Truist Financial raised their price target on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Seven equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and an average target price of $202.27.

Capital One Financial Price Performance

COF opened at $173.00 on Friday. The company has a market capitalization of $65.97 billion, a price-to-earnings ratio of 14.93, a PEG ratio of 1.19 and a beta of 1.47. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a 50-day moving average price of $193.50 and a 200-day moving average price of $174.50. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion during 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% on a year-over-year basis. During the same quarter last year, the company earned $2.81 earnings per share. Equities analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.39%. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.