Great Lakes Retirement Inc. Boosts Stock Position in Capital One Financial Co. (NYSE:COF)

Great Lakes Retirement Inc. increased its position in shares of Capital One Financial Co. (NYSE:COF) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,564 shares of the financial services provider’s stock after acquiring an additional 140 shares during the period. Great Lakes Retirement Inc.’s holdings in Capital One Financial were worth $1,254,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. West Tower Group LLC purchased a new position in Capital One Financial during the 2nd quarter worth approximately $31,000. Bartlett & Co. LLC increased its holdings in shares of 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 acquiring an additional 218 shares during the period. Resurgent Financial Advisors LLC acquired a new stake in Capital One Financial during the 4th quarter worth $34,000. Sound Income Strategies LLC grew its position in Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 139 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new stake in shares of Capital One Financial in the second quarter valued at about $37,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Price Performance

Capital One Financial stock traded up $4.24 during trading hours on Thursday, hitting $148.75. The stock had a trading volume of 2,744,064 shares, compared to its average volume of 2,780,915. The stock has a market capitalization of $56.58 billion, a price-to-earnings ratio of 12.43, a PEG ratio of 1.22 and a beta of 1.47. 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 Co. has a 1-year low of $83.93 and a 1-year high of $149.07. The stock’s fifty day moving average is $136.00 and its two-hundred day moving average is $118.94.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.45 billion. Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. As a group, analysts predict that Capital One Financial Co. will post 13.82 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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 dividend of $0.60 per share. The ex-dividend date was Friday, February 9th. This represents a $2.40 annualized dividend and a dividend yield of 1.61%. Capital One Financial’s dividend payout ratio is currently 20.08%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on COF. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a research report on Wednesday. Citigroup increased their price target on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. The Goldman Sachs Group upped their price objective on shares of Capital One Financial from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, December 18th. Royal Bank of Canada boosted their price target on shares of 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. Finally, Wells Fargo & Company raised their price objective on shares of Capital One Financial from $115.00 to $125.00 and gave the company an “overweight” rating in a research report on Monday, December 4th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Hold” and an average target price of $131.55.

Capital One Financial Company 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.