VCI Wealth Management LLC Takes $733,000 Position in Capital One Financial Co. (NYSE:COF)

VCI Wealth Management LLC acquired a new stake in shares of Capital One Financial Co. (NYSE:COF) in the fourth quarter, HoldingsChannel reports. The firm acquired 5,591 shares of the financial services provider’s stock, valued at approximately $733,000.

A number of other large investors also recently bought and sold shares of the business. Pzena Investment Management LLC boosted its holdings in Capital One Financial by 8.3% during the 3rd quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock valued at $740,199,000 after acquiring an additional 585,797 shares during the period. Northern Trust Corp boosted its holdings in Capital One Financial by 2.6% during the 3rd quarter. Northern Trust Corp now owns 3,954,877 shares of the financial services provider’s stock valued at $383,821,000 after acquiring an additional 99,915 shares during the period. Bank of New York Mellon Corp boosted its holdings in Capital One Financial by 3.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,096,708 shares of the financial services provider’s stock valued at $300,536,000 after acquiring an additional 93,203 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Capital One Financial by 1.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock valued at $242,471,000 after acquiring an additional 40,585 shares during the period. Finally, Wellington Management Group LLP boosted its holdings in Capital One Financial by 37.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,184,671 shares of the financial services provider’s stock valued at $114,972,000 after acquiring an additional 324,095 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of COF stock traded down $2.95 during mid-day trading on Thursday, reaching $145.92. The stock had a trading volume of 3,757,725 shares, compared to its average volume of 2,710,338. The business’s fifty day moving average is $140.10 and its 200-day moving average is $125.44. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. The firm has a market cap of $55.51 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 1.06 and a beta of 1.48. Capital One Financial Co. has a 1-year low of $83.93 and a 1-year high of $149.94.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. The company had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.45 billion. On average, research analysts forecast that Capital One Financial Co. will post 13.84 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were paid a $0.60 dividend. The ex-dividend date was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.64%. Capital One Financial’s payout ratio is 20.08%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on COF shares. Deutsche Bank Aktiengesellschaft started coverage on Capital One Financial in a report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 target price for the company. Wolfe Research upgraded Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price for the company in a report on Thursday, April 4th. UBS Group upped their price objective on Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, February 29th. Robert W. Baird cut Capital One Financial from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $150.00 to $145.00 in a research note on Monday, January 8th. Finally, Wells Fargo & Company upped their price objective on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Capital One Financial has an average rating of “Hold” and an average price target of $137.05.

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.