Ritholtz Wealth Management Buys 2,179 Shares of Capital One Financial Co. (NYSE:COF)

Ritholtz Wealth Management grew its stake in Capital One Financial Co. (NYSE:COF) by 29.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,661 shares of the financial services provider’s stock after purchasing an additional 2,179 shares during the period. Ritholtz Wealth Management’s holdings in Capital One Financial were worth $1,267,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Cetera Investment Advisers increased its position in Capital One Financial by 25.3% during the first quarter. Cetera Investment Advisers now owns 7,940 shares of the financial services provider’s stock valued at $1,042,000 after acquiring an additional 1,601 shares during the last quarter. Moors & Cabot Inc. grew its holdings in Capital One Financial by 9.2% during the 1st quarter. Moors & Cabot Inc. now owns 3,979 shares of the financial services provider’s stock valued at $522,000 after purchasing an additional 335 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in Capital One Financial by 11.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the financial services provider’s stock valued at $388,000 after purchasing an additional 303 shares during the last quarter. Candriam Luxembourg S.C.A. raised its position in Capital One Financial by 4.1% in the 1st quarter. Candriam Luxembourg S.C.A. now owns 43,094 shares of the financial services provider’s stock worth $5,658,000 after purchasing an additional 1,698 shares during the period. Finally, Baird Financial Group Inc. lifted its stake in Capital One Financial by 4.2% in the first quarter. Baird Financial Group Inc. now owns 25,248 shares of the financial services provider’s stock worth $3,315,000 after purchasing an additional 1,008 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

COF opened at $148.86 on Friday. The firm has a market capitalization of $56.62 billion, a PE ratio of 12.46, a price-to-earnings-growth ratio of 1.25 and a beta of 1.47. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.01 and a quick ratio of 1.01. The business’s 50-day moving average is $136.37 and its two-hundred day moving average is $119.12. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $149.27.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. The firm had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.45 billion. Research analysts anticipate that Capital One Financial Co. will post 13.82 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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

Analyst Upgrades and Downgrades

COF has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their price target on Capital One Financial from $131.00 to $134.00 and gave the stock a “neutral” rating in a report on Friday, January 26th. The Goldman Sachs Group upped their price target on shares of Capital One Financial from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, December 18th. Wolfe Research upgraded shares of Capital One Financial from an “underperform” rating to a “peer perform” rating in a report on Monday, January 29th. Piper Sandler upped their target price on shares of Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a research note on Friday, February 23rd. Finally, Evercore ISI lifted their price target on shares of Capital One Financial from $142.00 to $155.00 and gave the company an “in-line” rating in a research note on Thursday. Two 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, the company presently has an average rating of “Hold” and a consensus price target of $131.55.

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.