Capital One Financial Co. (NYSE:COF) Stake Lifted by Trustmark National Bank Trust Department

Trustmark National Bank Trust Department raised its stake in Capital One Financial Co. (NYSE:COF) by 31.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,801 shares of the financial services provider’s stock after buying an additional 1,382 shares during the quarter. Trustmark National Bank Trust Department’s holdings in Capital One Financial were worth $1,034,000 as of its most recent filing with the SEC.

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

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $162.37 on Tuesday. The stock has a market cap of $61.94 billion, a PE ratio of 14.01, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The business has a fifty day simple moving average of $181.35 and a 200-day simple moving average of $179.44.

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

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on COF. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price for the company in a research report on Wednesday, March 12th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Truist Financial lowered their target price on Capital One Financial from $257.00 to $215.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Finally, Baird R W upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $206.73.

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.