Sequoia Financial Advisors LLC Raises Stake in Capital One Financial Co. (NYSE:COF)

Sequoia Financial Advisors LLC increased its stake in Capital One Financial Co. (NYSE:COF) by 123.4% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 8,019 shares of the financial services provider’s stock after buying an additional 4,429 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Capital One Financial were worth $1,051,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COF. Quent Capital LLC raised its position in Capital One Financial by 4.9% in the 4th quarter. Quent Capital LLC now owns 1,819 shares of the financial services provider’s stock worth $239,000 after buying an additional 85 shares during the last quarter. Greylin Investment Management Inc raised its position in Capital One Financial by 1.7% in the 4th quarter. Greylin Investment Management Inc now owns 6,070 shares of the financial services provider’s stock worth $796,000 after buying an additional 100 shares during the last quarter. 626 Financial LLC raised its position in Capital One Financial by 4.2% in the 4th quarter. 626 Financial LLC now owns 2,591 shares of the financial services provider’s stock worth $340,000 after buying an additional 105 shares during the last quarter. HB Wealth Management LLC raised its position in Capital One Financial by 0.8% in the 4th quarter. HB Wealth Management LLC now owns 13,485 shares of the financial services provider’s stock worth $1,768,000 after buying an additional 106 shares during the last quarter. Finally, Jacobi Capital Management LLC raised its position in Capital One Financial by 4.0% in the 3rd quarter. Jacobi Capital Management LLC now owns 2,759 shares of the financial services provider’s stock worth $268,000 after buying an additional 107 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on COF. Barclays boosted their target price on Capital One Financial from $114.00 to $154.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. Deutsche Bank Aktiengesellschaft began coverage on Capital One Financial in a research note on Wednesday, January 10th. They set a “hold” rating and a $153.00 price target for the company. UBS Group boosted their price target on Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Wells Fargo & Company boosted their price target on Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research note on Wednesday, April 10th. Finally, Piper Sandler boosted their price target on Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research note on Friday, February 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Hold” and a consensus target price of $137.05.

Capital One Financial Stock Down 0.5 %

NYSE COF opened at $139.62 on Monday. The stock’s 50 day moving average is $138.89 and its 200 day moving average is $122.94. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. Capital One Financial Co. has a 12 month low of $83.93 and a 12 month high of $149.27. The stock has a market cap of $53.11 billion, a PE ratio of 11.68, a P/E/G ratio of 1.00 and a beta of 1.48.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 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 business had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.45 billion. Research analysts predict that Capital One Financial Co. will post 13.84 EPS for the current fiscal 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 dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.40 annualized dividend and a dividend yield of 1.72%. Capital One Financial’s dividend payout ratio (DPR) is 20.08%.

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.