Capital One Financial Co. (NYSE:COF) Shares Bought by Navalign LLC

Navalign LLC lifted its stake in shares of Capital One Financial Co. (NYSE:COF) by 6.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,317 shares of the financial services provider’s stock after buying an additional 481 shares during the quarter. Navalign LLC’s holdings in Capital One Financial were worth $1,091,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. West Tower Group LLC purchased a new stake in Capital One Financial during the second quarter worth approximately $31,000. Bartlett & Co. LLC lifted its stake in Capital One Financial by 726.7% during the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares during the last quarter. Resurgent Financial Advisors LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $34,000. Sound Income Strategies LLC lifted its stake in Capital One Financial by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after buying an additional 139 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in Capital One Financial in the second quarter valued at approximately $37,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Capital One Financial in a research note on Wednesday, January 10th. They issued a “hold” rating and a $153.00 price objective for the company. Wells Fargo & Company upped their price objective on Capital One Financial from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Monday, December 4th. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $112.00 to $129.00 in a report on Wednesday, December 6th. Royal Bank of Canada upped their price objective on Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 21st. Finally, JPMorgan Chase & Co. upped their target price on Capital One Financial from $131.00 to $134.00 and gave the company a “neutral” rating in a report on Friday, January 26th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $131.55.

Capital One Financial Stock Up 3.0 %

NYSE COF traded up $4.35 during mid-day trading on Thursday, reaching $148.86. 4,038,670 shares of the company’s stock traded hands, compared to its average volume of 2,804,425. Capital One Financial Co. has a 1-year low of $83.93 and a 1-year high of $149.27. The company has a fifty day simple moving average of $136.37 and a 200-day simple moving average of $119.12. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. The company has a market cap of $56.62 billion, a price-to-earnings ratio of 12.46, a P/E/G ratio of 1.22 and a beta of 1.47.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.50 by ($0.26). The company had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. As a group, equities research analysts expect that Capital One Financial Co. will post 13.82 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.40 annualized dividend and a dividend yield of 1.61%. Capital One Financial’s dividend payout ratio (DPR) is 20.08%.

About Capital One Financial

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.