Transcend Capital Advisors LLC Has $1.67 Million Stake in Capital One Financial Co. (NYSE:COF)

Transcend Capital Advisors LLC decreased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 60.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,697 shares of the financial services provider’s stock after selling 19,737 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Capital One Financial were worth $1,665,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Intact Investment Management Inc. acquired a new position in Capital One Financial during the fourth quarter worth about $3,462,000. Russell Investments Group Ltd. increased its stake in shares of Capital One Financial by 1.8% in the fourth quarter. Russell Investments Group Ltd. now owns 376,369 shares of the financial services provider’s stock valued at $49,371,000 after buying an additional 6,566 shares during the period. Valmark Advisers Inc. acquired a new position in shares of Capital One Financial in the fourth quarter valued at approximately $201,000. Gilliland Jeter Wealth Management LLC acquired a new position in shares of Capital One Financial in the fourth quarter valued at approximately $280,000. Finally, Fulton Breakefield Broenniman LLC acquired a new position in shares of Capital One Financial in the fourth quarter valued at approximately $252,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Up 0.2 %

Shares of COF traded up $0.24 during trading hours on Friday, reaching $146.21. The stock had a trading volume of 4,328,677 shares, compared to its average volume of 2,287,948. Capital One Financial Co. has a 12 month low of $83.93 and a 12 month high of $149.94. The firm has a 50-day simple moving average of $140.47 and a 200 day simple moving average of $126.15. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $55.62 billion, a price-to-earnings ratio of 11.45, a P/E/G ratio of 1.05 and a beta of 1.48.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a return on equity of 9.85% and a net margin of 10.19%. The firm had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.35 billion. During the same quarter in the prior year, the business earned $2.31 earnings per share. Capital One Financial’s revenue for the quarter was up 5.6% on a year-over-year basis. Equities research analysts predict that Capital One Financial Co. will post 13.78 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. Shareholders of record on Monday, February 12th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.64%. The ex-dividend date was Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Analyst Ratings Changes

COF has been the subject of several recent research reports. JPMorgan Chase & Co. upped their price objective on 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 price objective on 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. UBS Group upped their price objective on Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, February 29th. Piper Sandler upped their price objective on Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research note on Friday, February 23rd. Finally, Wells Fargo & Company increased their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $137.05.

Capital One Financial 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.