IFG Advisory LLC lifted its holdings in Capital One Financial Corp. (NYSE:COF) by 21.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,962 shares of the financial services provider’s stock after purchasing an additional 1,238 shares during the quarter. IFG Advisory LLC’s holdings in Capital One Financial were worth $660,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. Integrated Investment Consultants LLC bought a new position in shares of Capital One Financial in the second quarter worth $108,000. Kaizen Advisory LLC grew its stake in shares of Capital One Financial by 161.0% in the second quarter. Kaizen Advisory LLC now owns 1,198 shares of the financial services provider’s stock worth $110,000 after purchasing an additional 739 shares in the last quarter. Farmers National Bank bought a new position in shares of Capital One Financial in the second quarter worth $102,000. Sun Life Financial INC grew its stake in shares of Capital One Financial by 518.3% in the second quarter. Sun Life Financial INC now owns 1,317 shares of the financial services provider’s stock worth $121,000 after purchasing an additional 1,104 shares in the last quarter. Finally, Stratos Wealth Partners LTD. bought a new position in Capital One Financial during the third quarter valued at about $130,000. 88.50% of the stock is owned by institutional investors.
NYSE:COF opened at $90.86 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.99 and a quick ratio of 0.99. Capital One Financial Corp. has a 1-year low of $84.94 and a 1-year high of $106.50. The firm has a market capitalization of $42.24 billion, a P/E ratio of 11.66, a P/E/G ratio of 0.72 and a beta of 1.27.
The business also recently declared a quarterly dividend, which will be paid on Friday, November 23rd. Investors of record on Monday, November 12th will be given a $0.40 dividend. The ex-dividend date of this dividend is Thursday, November 8th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.76%. Capital One Financial’s dividend payout ratio (DPR) is 20.54%.
Several research analysts recently weighed in on COF shares. BMO Capital Markets raised their target price on Capital One Financial from $135.00 to $146.00 and gave the company an “outperform” rating in a research note on Wednesday, October 24th. JPMorgan Chase & Co. decreased their target price on Capital One Financial from $113.00 to $107.00 and set an “overweight” rating for the company in a research note on Wednesday, October 24th. Barclays reaffirmed a “buy” rating on shares of Capital One Financial in a research note on Monday, October 29th. Wells Fargo & Co raised their target price on Capital One Financial from $109.00 to $110.00 and gave the company an “outperform” rating in a research note on Monday, October 1st. Finally, Nomura decreased their target price on Capital One Financial from $109.00 to $98.00 and set a “neutral” rating for the company in a research note on Wednesday, October 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $109.33.
Capital One Financial Profile
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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