Synergy Financial Group LTD Invests $333,000 in Capital One Financial Co. (NYSE:COF)

Synergy Financial Group LTD bought a new position in shares of Capital One Financial Co. (NYSE:COF) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 1,867 shares of the financial services provider’s stock, valued at approximately $333,000.

A number of other large investors have also recently bought and sold shares of the company. Addison Advisors LLC raised its position in Capital One Financial by 3,676.2% during the 4th quarter. Addison Advisors LLC now owns 793 shares of the financial services provider’s stock worth $141,000 after buying an additional 772 shares during the last quarter. Wealthstream Advisors Inc. acquired a new stake in shares of Capital One Financial in the fourth quarter worth $287,000. Crestwood Advisors Group LLC raised its holdings in shares of Capital One Financial by 20.8% during the fourth quarter. Crestwood Advisors Group LLC now owns 3,508 shares of the financial services provider’s stock worth $626,000 after purchasing an additional 605 shares during the last quarter. IFP Advisors Inc lifted its position in Capital One Financial by 31.0% during the fourth quarter. IFP Advisors Inc now owns 2,403 shares of the financial services provider’s stock valued at $428,000 after purchasing an additional 569 shares during the period. Finally, Dover Advisors LLC purchased a new stake in Capital One Financial in the fourth quarter valued at $219,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 0.1 %

COF stock opened at $199.93 on Tuesday. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week 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 firm has a 50-day simple moving average of $191.76 and a 200-day simple moving average of $171.47. The stock has a market capitalization of $76.24 billion, a P/E ratio of 17.25, a P/E/G ratio of 1.19 and a beta of 1.47.

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

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on COF. The Goldman Sachs Group lifted their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Argus upgraded Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods upped their price objective on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Finally, Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Seven analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $202.27.

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.