Capital One Financial Co. (NYSE:COF) Stake Raised by Financial Strategies Group Inc.

Financial Strategies Group Inc. raised its position in shares of Capital One Financial Co. (NYSE:COF) by 28.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,159 shares of the financial services provider's stock after purchasing an additional 7,422 shares during the period. Capital One Financial accounts for about 1.2% of Financial Strategies Group Inc.'s investment portfolio, making the stock its 19th largest position. Financial Strategies Group Inc.'s holdings in Capital One Financial were worth $4,347,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COF. Householder Group Estate & Retirement Specialist LLC raised its stake in shares of Capital One Financial by 1,658.3% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider's stock valued at $27,000 after acquiring an additional 199 shares in the last quarter. Bartlett & Co. LLC grew its holdings in Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider's stock valued at $33,000 after buying an additional 218 shares during the last quarter. Sound Income Strategies LLC grew its holdings in Capital One Financial by 109.4% in the 4th 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. MV Capital Management Inc. grew its holdings in Capital One Financial by 43.9% in the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider's stock valued at $45,000 after buying an additional 105 shares during the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in Capital One Financial in the 2nd quarter valued at approximately $37,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

Shares of NYSE COF traded down $2.82 during trading hours on Tuesday, reaching $136.36. 2,206,326 shares of the stock were exchanged, compared to its average volume of 2,690,615. The firm has a market capitalization of $51.87 billion, a price-to-earnings ratio of 11.47, a P/E/G ratio of 1.00 and a beta of 1.48. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. Capital One Financial Co. has a 52 week low of $83.93 and a 52 week high of $149.27. The stock's fifty day simple moving average is $138.96 and its 200 day simple moving average is $123.24.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing analysts' consensus estimates of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.45 billion. Sell-side analysts predict that Capital One Financial Co. will post 13.84 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.76%. The ex-dividend date was Friday, February 9th. Capital One Financial's dividend payout ratio is currently 20.08%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on COF. Deutsche Bank Aktiengesellschaft started coverage on Capital One Financial in a report on Wednesday, January 10th. They issued a "hold" rating and a $153.00 target price on the stock. Evercore ISI lifted their price objective on Capital One Financial from $142.00 to $155.00 and gave the stock an "in-line" rating in a report on Thursday, March 28th. 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. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $134.00 to $152.00 and gave the company a "neutral" rating in a research note on Wednesday, April 3rd. Finally, 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. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $137.05.

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.

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