Telemus Capital LLC Has $1.55 Million Stock Position in Capital One Financial Co. (NYSE:COF)

Telemus Capital LLC cut its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 37.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,819 shares of the financial services provider's stock after selling 6,937 shares during the period. Telemus Capital LLC's holdings in Capital One Financial were worth $1,550,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. CWM LLC raised its holdings in Capital One Financial by 31.0% during the third quarter. CWM LLC now owns 5,298 shares of the financial services provider's stock worth $514,000 after purchasing an additional 1,253 shares in the last quarter. AE Wealth Management LLC grew its holdings in Capital One Financial by 4.4% during the third quarter. AE Wealth Management LLC now owns 34,119 shares of the financial services provider's stock worth $3,311,000 after acquiring an additional 1,450 shares during the period. Ritholtz Wealth Management lifted its holdings in Capital One Financial by 70.6% in the third quarter. Ritholtz Wealth Management now owns 7,482 shares of the financial services provider's stock valued at $726,000 after acquiring an additional 3,096 shares during the period. HB Wealth Management LLC boosted its position in shares of Capital One Financial by 7.5% during the 3rd quarter. HB Wealth Management LLC now owns 13,379 shares of the financial services provider's stock worth $1,298,000 after purchasing an additional 932 shares in the last quarter. Finally, Founders Financial Securities LLC lifted its stake in shares of Capital One Financial by 4.6% in the third quarter. Founders Financial Securities LLC now owns 6,484 shares of the financial services provider's stock valued at $629,000 after purchasing an additional 284 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Royal Bank of Canada boosted their price target on Capital One Financial from $142.00 to $150.00 and gave the stock a "sector perform" rating in a research note on Wednesday, February 21st. Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $160.00 to $165.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 10th. Piper Sandler upped their price target on shares of Capital One Financial from $126.00 to $142.00 and gave the company a "neutral" rating in a report on Friday, February 23rd. Keefe, Bruyette & Woods restated an "outperform" rating and set a $159.00 price objective on shares of Capital One Financial in a research report on Wednesday, March 27th. Finally, Robert W. Baird downgraded Capital One Financial from an "outperform" rating to a "neutral" rating and dropped their price target for the stock from $150.00 to $145.00 in a research report on Monday, January 8th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $137.05.

Capital One Financial Stock Up 3.0 %

NYSE:COF traded up $4.34 during mid-day trading on Monday, reaching $147.25. The stock had a trading volume of 2,829,640 shares, compared to its average volume of 2,683,196. The stock's 50 day simple moving average is $139.54 and its two-hundred day simple moving average is $124.89. Capital One Financial Co. has a 1-year low of $83.93 and a 1-year high of $149.27. The company has a market capitalization of $56.01 billion, a price-to-earnings ratio of 12.32, a price-to-earnings-growth ratio of 1.02 and a beta of 1.48. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.01 and a quick ratio of 1.01.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly 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). The firm had revenue of $9.51 billion during the quarter, compared to the consensus estimate of $9.45 billion. Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. Equities analysts anticipate 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. Shareholders of record on Monday, February 12th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a yield of 1.63%. Capital One Financial's payout ratio is currently 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.