Naples Money Management LLC Takes Position in Capital One Financial Co. (NYSE:COF)

Naples Money Management LLC acquired a new position in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,245 shares of the financial services provider’s stock, valued at approximately $557,000.

Several other large investors have also modified their holdings of COF. Fidelis Capital Partners LLC bought a new stake in Capital One Financial during the 4th quarter valued at approximately $243,000. Xponance Inc. boosted its position in shares of Capital One Financial by 3.5% in the fourth quarter. Xponance Inc. now owns 49,894 shares of the financial services provider’s stock valued at $6,542,000 after acquiring an additional 1,698 shares during the period. Tilt Investment Management Holdings PBC acquired a new stake in shares of Capital One Financial in the fourth quarter worth $202,000. Roman Butler Fullerton & Co. acquired a new position in Capital One Financial during the 4th quarter valued at $237,000. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in Capital One Financial by 50.3% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 822 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 275 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial Price Performance

Capital One Financial stock traded up $1.28 on Friday, reaching $142.91. The company’s stock had a trading volume of 2,489,817 shares, compared to its average volume of 2,680,660. The business’s fifty day moving average price is $139.19 and its 200 day moving average price is $123.73. 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 company has a market cap of $54.36 billion, a price-to-earnings ratio of 11.96, a PEG ratio of 0.98 and a beta of 1.48. Capital One Financial Co. has a twelve month low of $83.93 and a twelve month high of $149.27.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) 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 analyst estimates of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. Equities 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 business also recently disclosed 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 annualized dividend and a yield of 1.68%. The ex-dividend date was Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.08%.

Analysts Set New Price Targets

A number of brokerages have recently commented on COF. Wells Fargo & Company upped their price objective on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. Citigroup lifted their price objective on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Barclays upped their target price on Capital One Financial from $114.00 to $154.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 2nd. Robert W. Baird downgraded shares of Capital One Financial from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $150.00 to $145.00 in a research note on Monday, January 8th. Finally, Piper Sandler increased their price objective on shares of 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 research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus 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.