Plato Investment Management Ltd Sells 542 Shares of Capital One Financial Co. (NYSE:COF)

Plato Investment Management Ltd cut its holdings in shares of Capital One Financial Co. (NYSE:COF) by 9.8% in the 4th quarter, Holdings Channel reports. The firm owned 4,977 shares of the financial services provider’s stock after selling 542 shares during the period. Plato Investment Management Ltd’s holdings in Capital One Financial were worth $891,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several research analysts have recently issued reports on COF shares. JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Wells Fargo & Company increased their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a report on Tuesday, January 14th. Truist Financial increased their price objective on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a report on Monday, January 27th. Finally, UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $202.27.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $196.08 on Tuesday. 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 business has a 50-day moving average price of $193.64 and a two-hundred day moving average price of $173.65. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The company has a market cap of $74.77 billion, a P/E ratio of 16.92, a PEG ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.81 EPS. As a group, 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 disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

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.