Cornerstone Select Advisors LLC Invests $363,000 in Capital One Financial Co. (NYSE:COF)

Cornerstone Select Advisors LLC bought a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,033 shares of the financial services provider's stock, valued at approximately $363,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in COF. Bfsg LLC bought a new stake in Capital One Financial during the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Capital One Financial in the fourth quarter worth about $27,000. TruNorth Capital Management LLC bought a new stake in Capital One Financial in the fourth quarter worth $29,000. Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial during the 4th quarter valued at about $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Capital One Financial during the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock traded down $1.82 during midday trading on Friday, hitting $187.68. The company had a trading volume of 3,178,344 shares, compared to its average volume of 3,208,640. The stock has a market cap of $71.60 billion, a price-to-earnings ratio of 16.19, a PEG ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a 12-month low of $128.23 and a 12-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 company has a fifty day simple moving average of $173.12 and a 200 day simple moving average of $182.32.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. As a group, analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial's dividend payout ratio is presently 20.15%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on COF. Robert W. Baird raised shares of Capital One Financial from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. Royal Bank of Canada set a $190.00 target price on shares of Capital One Financial and gave the stock a "sector perform" rating in a research report on Monday, April 14th. Truist Financial raised their price target on Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research note on Friday, April 25th. HSBC raised shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. Finally, Wells Fargo & Company increased their price objective on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $207.73.

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.