Campbell Capital Management Inc. Takes $1.07 Million Position in Capital One Financial Co. (NYSE:COF)

Campbell Capital Management Inc. purchased a new stake in Capital One Financial Co. (NYSE:COF) during the fourth quarter, Holdings Channel.com reports. The firm purchased 6,000 shares of the financial services provider’s stock, valued at approximately $1,070,000.

A number of other institutional investors and hedge funds have also made changes to their positions in COF. Norden Group LLC boosted its holdings in Capital One Financial by 2.6% in the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after purchasing an additional 51 shares during the period. Catalyst Financial Partners LLC boosted its holdings in Capital One Financial by 3.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 54 shares during the period. Gladstone Institutional Advisory LLC boosted its holdings in Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after purchasing an additional 56 shares during the period. TFB Advisors LLC boosted its holdings in Capital One Financial by 4.1% in the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 59 shares during the period. Finally, Money Concepts Capital Corp boosted its holdings in Capital One Financial by 4.1% in the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock valued at $279,000 after purchasing an additional 61 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

Shares of COF stock opened at $172.06 on Friday. 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 stock’s 50-day moving average price is $192.37 and its 200 day moving average price is $175.19. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The stock has a market capitalization of $65.61 billion, a PE ratio of 14.85, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released 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 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 quarter in the previous year, the firm posted $2.81 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. As a group, equities research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced 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 1.39%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on COF. The Goldman Sachs Group lifted their target price on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Baird R W raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, Evercore ISI raised Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price target for the company in a report on Wednesday. Five analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and an average target price of $206.67.

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.