Gilliland Jeter Wealth Management LLC Buys New Stake in Capital One Financial Co. (NYSE:COF)

Gilliland Jeter Wealth Management LLC bought a new stake in shares of Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,136 shares of the financial services provider’s stock, valued at approximately $280,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Comerica Bank lifted its holdings in shares of Capital One Financial by 158.7% during the 3rd quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock valued at $8,526,000 after acquiring an additional 53,894 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Capital One Financial by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock worth $242,471,000 after buying an additional 40,585 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Capital One Financial by 15.2% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 76,695 shares of the financial services provider’s stock worth $7,443,000 after buying an additional 10,107 shares in the last quarter. Rafferty Asset Management LLC lifted its holdings in Capital One Financial by 4.3% in the 3rd quarter. Rafferty Asset Management LLC now owns 131,964 shares of the financial services provider’s stock worth $12,807,000 after buying an additional 5,439 shares in the last quarter. Finally, Mariner LLC raised its stake in shares of Capital One Financial by 3.5% in the 3rd quarter. Mariner LLC now owns 65,596 shares of the financial services provider’s stock valued at $6,366,000 after purchasing an additional 2,228 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. Barclays upped their target price on shares of 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. Piper Sandler upped their target price 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. Evercore ISI upped 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 research note on Thursday, March 28th. Finally, BMO Capital Markets upped their target price on shares of Capital One Financial from $124.00 to $125.00 and gave the company a “market perform” rating in a research note on Monday, January 29th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $137.05.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded up $0.24 on Friday, hitting $146.21. The company had a trading volume of 4,328,677 shares, compared to its average volume of 2,287,948. The business has a 50-day simple moving average of $140.47 and a 200-day simple moving average of $125.94. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $55.62 billion, a PE ratio of 11.45, a PEG ratio of 1.05 and a beta of 1.48. Capital One Financial Co. has a 52 week low of $83.93 and a 52 week high of $149.94.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.25 by ($0.04). The company had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.85%. The company’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the business earned $2.31 earnings per share. Research analysts expect that Capital One Financial Co. will post 13.79 EPS 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. Stockholders of record on Monday, February 12th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.64%. The ex-dividend date was Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

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.