Venturi Wealth Management LLC Acquires 170 Shares of Capital One Financial Co. (NYSE:COF)

Venturi Wealth Management LLC increased its holdings in Capital One Financial Co. (NYSE:COF) by 16.7% in the 4th quarter, Holdings Channel reports. The fund owned 1,189 shares of the financial services provider’s stock after buying an additional 170 shares during the quarter. Venturi Wealth Management LLC’s holdings in Capital One Financial were worth $212,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. State Street Corp increased its stake in shares of Capital One Financial by 0.5% in the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after acquiring an additional 74,784 shares in the last quarter. Franklin Resources Inc. grew its position in Capital One Financial by 2.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock valued at $1,649,488,000 after purchasing an additional 280,462 shares during the last quarter. Fisher Asset Management LLC grew its position in Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after purchasing an additional 72,097 shares during the last quarter. Geode Capital Management LLC grew its position in Capital One Financial by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock valued at $1,198,664,000 after purchasing an additional 159,616 shares during the last quarter. Finally, FMR LLC grew its position in Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

COF has been the topic of several recent analyst reports. 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. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Wells Fargo & Company increased their price objective 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. Robert W. Baird raised their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. 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 report on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $198.50.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $200.38 on Friday. The firm’s 50 day moving average price is $191.46 and its 200-day moving average price is $170.48. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. 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 stock has a market capitalization of $76.39 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 1.21 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data 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. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the prior year, the business earned $2.81 EPS. The business’s quarterly revenue was up 7.2% on a year-over-year basis. Equities research 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 announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s payout ratio is 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.