LifePlan Financial LLC Makes New Investment in Capital One Financial Co. (NYSE:COF)

LifePlan Financial LLC acquired a new stake in Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,546 shares of the financial services provider’s stock, valued at approximately $203,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Householder Group Estate & Retirement Specialist LLC raised its holdings in Capital One Financial by 1,658.3% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 199 shares in the last quarter. Bartlett & Co. LLC increased its position in shares of Capital One Financial by 726.7% during the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of 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 purchasing an additional 139 shares during the period. MV Capital Management Inc. lifted its stake in Capital One Financial by 43.9% in the fourth 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 shares of Capital One Financial in the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Down 1.9 %

Shares of NYSE:COF traded down $2.58 during mid-day trading on Tuesday, hitting $136.60. 254,237 shares of the company traded hands, compared to its average volume of 2,663,044. The firm has a market cap of $51.96 billion, a P/E ratio of 11.65, a PEG ratio of 1.00 and a beta of 1.48. The firm’s 50 day simple moving average is $138.96 and its 200 day simple moving average 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. Capital One Financial Co. has a 52-week low of $83.93 and a 52-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 (EPS) for the quarter, missing the consensus estimate of $2.50 by ($0.26). The business had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. On average, equities analysts anticipate that Capital One Financial Co. will post 13.84 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend was Friday, February 9th. Capital One Financial’s dividend payout ratio is presently 20.08%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group increased their target price on shares of Capital One Financial from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, December 18th. Deutsche Bank Aktiengesellschaft began coverage on Capital One Financial in a report on Wednesday, January 10th. They set a “hold” rating and a $153.00 price target for the company. Wells Fargo & Company boosted 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 note on Wednesday, April 10th. Evercore ISI lifted their target price on shares of Capital One Financial from $142.00 to $155.00 and gave the company an “in-line” rating in a report on Thursday, March 28th. Finally, UBS Group raised their price objective on shares of Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, February 29th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $137.05.

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.