3,017 Shares in Capital One Financial Co. (NYSE:COF) Purchased by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Capital One Financial Co. (NYSE:COF) during the fourth quarter, Holdings Channel reports. The firm bought 3,017 shares of the financial services provider’s stock, valued at approximately $396,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Pzena Investment Management LLC raised its holdings in shares of Capital One Financial by 8.3% in the 3rd quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock worth $740,199,000 after acquiring an additional 585,797 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Capital One Financial by 1.2% in the 1st quarter. Geode Capital Management LLC now owns 6,838,226 shares of the financial services provider’s stock worth $656,327,000 after acquiring an additional 78,994 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Capital One Financial by 1.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 5,413,955 shares of the financial services provider’s stock worth $710,798,000 after acquiring an additional 95,770 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Capital One Financial by 2.6% in the 3rd quarter. Northern Trust Corp now owns 3,954,877 shares of the financial services provider’s stock worth $383,821,000 after acquiring an additional 99,915 shares during the last quarter. Finally, Morgan Stanley grew its position in Capital One Financial by 10.6% in the 4th quarter. Morgan Stanley now owns 3,785,441 shares of the financial services provider’s stock worth $351,895,000 after purchasing an additional 362,071 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on COF shares. Piper Sandler upped their price objective on shares of Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a research report on Friday, February 23rd. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 3rd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Capital One Financial in a research report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 price objective for the company. Robert W. Baird downgraded shares of Capital One Financial from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $150.00 to $145.00 in a report on Monday, January 8th. Finally, Citigroup raised their price objective on shares of Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a report 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. According to MarketBeat.com, Capital One Financial currently has an average rating of “Hold” and a consensus target price of $137.05.

Capital One Financial Stock Performance

Capital One Financial stock opened at $139.18 on Tuesday. The firm’s fifty day moving average price is $138.96 and its 200-day moving average price is $123.24. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $52.94 billion, a P/E ratio of 11.65, a price-to-earnings-growth ratio of 1.00 and a beta of 1.48. Capital One Financial Co. has a fifty-two week low of $83.93 and a fifty-two week high of $149.27.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($0.26). The company had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.45 billion. Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. On average, equities research analysts expect that Capital One Financial Co. will post 13.84 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend was Friday, February 9th. Capital One Financial’s payout ratio is presently 20.08%.

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.