Syon Capital LLC Trims Position in Capital One Financial Co. (NYSE:COF)

Syon Capital LLC lowered its stake in Capital One Financial Co. (NYSE:COF) by 4.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,721 shares of the financial services provider’s stock after selling 175 shares during the quarter. Syon Capital LLC’s holdings in Capital One Financial were worth $664,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Bfsg LLC bought a new stake in shares of Capital One Financial during the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Capital One Financial during the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC bought a new position in shares of Capital One Financial in the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial in the 4th quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Capital One Financial in the 4th quarter valued at approximately $32,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on COF. Citigroup dropped their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, March 24th. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. BTIG Research upgraded Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target on the stock in a research note on Tuesday, March 25th. Truist Financial reduced their price objective on Capital One Financial from $257.00 to $215.00 and set a “buy” rating for the company in a research report on Friday, March 21st. Finally, Evercore ISI raised Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Wednesday, March 12th. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $207.07.

Capital One Financial Price Performance

Shares of COF opened at $185.25 on Friday. The firm has a fifty day simple moving average of $176.16 and a two-hundred day simple moving average of $180.09. The firm has a market cap of $70.67 billion, a PE ratio of 15.98, a P/E/G ratio of 1.19 and a beta of 1.24. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating analysts’ consensus estimates of $3.75 by $0.31. The company had revenue of $10 billion during the quarter, compared to analysts’ expectations of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. On average, equities analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.30%. Capital One Financial’s dividend payout ratio (DPR) is 20.15%.

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.