Planned Solutions Inc. Purchases Shares of 675 Capital One Financial Co. (NYSE:COF)

Planned Solutions Inc. acquired a new position 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 Securities and Exchange Commission. The fund acquired 675 shares of the financial services provider’s stock, valued at approximately $89,000.

A number of other large investors have also made changes to their positions in COF. State Street Corp lifted its position in shares of Capital One Financial by 1.0% in the 2nd quarter. State Street Corp now owns 16,255,490 shares of the financial services provider’s stock worth $1,777,863,000 after acquiring an additional 161,609 shares during the period. Berkshire Hathaway Inc lifted its position in Capital One Financial by 25.7% in the second quarter. Berkshire Hathaway Inc now owns 12,471,030 shares of the financial services provider’s stock worth $1,363,957,000 after purchasing an additional 2,549,030 shares during the period. Pzena Investment Management LLC boosted its stake in Capital One Financial by 8.3% during the third quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock worth $740,199,000 after buying an additional 585,797 shares in the last quarter. Geode Capital Management LLC increased its holdings in Capital One Financial by 1.2% in the 1st quarter. Geode Capital Management LLC now owns 6,838,226 shares of the financial services provider’s stock valued at $656,327,000 after buying an additional 78,994 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Capital One Financial by 1.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 5,413,955 shares of the financial services provider’s stock valued at $710,798,000 after buying an additional 95,770 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analysts Set New Price Targets

COF has been the subject of a number of analyst reports. The Goldman Sachs Group raised their price target 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. Piper Sandler upped their price target on Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, February 23rd. Wells Fargo & Company lifted their price objective on Capital One Financial from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Monday, December 4th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Capital One Financial in a report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 target price on the stock. Finally, Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $112.00 to $129.00 in a research report on Wednesday, December 6th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $130.90.

Capital One Financial Price Performance

COF opened at $144.57 on Thursday. 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 $144.57. The company has a fifty day moving average price of $136.00 and a two-hundred day moving average price of $118.94. The firm has a market capitalization of $54.99 billion, a PE ratio of 12.10, a P/E/G ratio of 1.22 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. As a group, analysts anticipate that Capital One Financial Co. will post 13.82 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend was Friday, February 9th. Capital One Financial’s payout ratio is presently 20.08%.

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.