Spectrum Financial Alliance Ltd LLC Has $326,000 Stock Position in Capital One Financial Co. (NYSE:COF)

Spectrum Financial Alliance Ltd LLC boosted its stake in shares of Capital One Financial Co. (NYSE:COF) by 13.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,827 shares of the financial services provider’s stock after purchasing an additional 210 shares during the quarter. Capital One Financial accounts for approximately 0.1% of Spectrum Financial Alliance Ltd LLC’s holdings, making the stock its 14th biggest position. Spectrum Financial Alliance Ltd LLC’s holdings in Capital One Financial were worth $326,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of COF. Foundations Investment Advisors LLC lifted its stake in shares of Capital One Financial by 14.6% in the third quarter. Foundations Investment Advisors LLC now owns 2,024 shares of the financial services provider’s stock valued at $303,000 after buying an additional 258 shares during the period. Eastern Bank bought a new stake in shares of Capital One Financial in the 3rd quarter worth approximately $44,000. Private Advisor Group LLC grew its holdings in shares of Capital One Financial by 10.4% during the 3rd quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock worth $1,288,000 after purchasing an additional 808 shares in the last quarter. Ballentine Partners LLC increased its position in shares of Capital One Financial by 18.0% during the third quarter. Ballentine Partners LLC now owns 3,935 shares of the financial services provider’s stock valued at $589,000 after purchasing an additional 601 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Capital One Financial by 2.3% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,042 shares of the financial services provider’s stock valued at $6,197,000 after purchasing an additional 933 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Down 2.4 %

Shares of COF opened at $200.38 on Friday. The business’s fifty day moving average price is $191.46 and its two-hundred day moving average price is $170.73. The firm has a market capitalization of $76.39 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the company earned $2.81 EPS. Capital One Financial’s revenue was up 7.2% on a year-over-year basis. On average, analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Royal Bank of Canada increased their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Keefe, Bruyette & Woods raised their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Finally, Truist Financial boosted their price target on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Eight equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $198.50.

About Capital One Financial

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.