Murphy & Mullick Capital Management Corp Makes New Investment in Capital One Financial Co. (NYSE:COF)

Murphy & Mullick Capital Management Corp purchased a new stake in Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 229 shares of the financial services provider’s stock, valued at approximately $41,000.

Other hedge funds have also modified their holdings of the company. Bfsg LLC acquired a new position in Capital One Financial in the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial in the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial during the 4th quarter worth approximately $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the 4th quarter valued at approximately $32,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Down 0.8 %

COF stock opened at $178.38 on Friday. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The stock has a market cap of $68.02 billion, a P/E ratio of 15.39, a PEG ratio of 1.19 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The company’s 50 day moving average is $191.05 and its two-hundred day moving average is $177.15.

Capital One Financial (NYSE:COF) last released 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. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.81 earnings per share. Research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. BTIG Research upgraded Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 target price for the company in a report on Tuesday. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Royal Bank of Canada raised 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. Finally, HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research note on Tuesday, January 14th. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $206.63.

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.