Proficio Capital Partners LLC Acquires 544 Shares of Capital One Financial Co. (NYSE:COF)

Proficio Capital Partners LLC increased its stake in Capital One Financial Co. (NYSE:COF) by 27.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,556 shares of the financial services provider’s stock after buying an additional 544 shares during the period. Proficio Capital Partners LLC’s holdings in Capital One Financial were worth $456,000 as of its most recent SEC filing.

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

Capital One Financial Stock Performance

COF opened at $181.29 on Tuesday. The firm has a fifty day moving average price of $191.52 and a 200 day moving average price of $176.81. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The stock has a market cap of $69.13 billion, a P/E ratio of 15.64, a P/E/G ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (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 business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period in the prior year, the company posted $2.81 EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Equities research analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current 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 issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

Analyst Upgrades and Downgrades

COF has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Keefe, Bruyette & Woods upped their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a research note on Tuesday, January 14th. Argus upgraded Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Wells Fargo & Company boosted their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Five investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $206.53.

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.