Plato Investment Management Ltd Has $891,000 Stock Position in Capital One Financial Co. (NYSE:COF)

Plato Investment Management Ltd lowered its stake in Capital One Financial Co. (NYSE:COF) by 9.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,977 shares of the financial services provider’s stock after selling 542 shares during the quarter. Plato Investment Management Ltd’s holdings in Capital One Financial were worth $891,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Norden Group LLC increased its position in shares of 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 acquiring an additional 51 shares during the last quarter. Catalyst Financial Partners LLC increased its position in shares of 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 acquiring an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC increased its position in Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock worth $317,000 after buying an additional 56 shares during the last quarter. TFB Advisors LLC increased its position in Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock worth $265,000 after buying an additional 59 shares during the last quarter. Finally, Money Concepts Capital Corp increased its position in Capital One Financial by 4.1% during the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock worth $279,000 after buying an additional 61 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Down 2.2 %

Shares of COF stock opened at $196.08 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market cap of $74.77 billion, a P/E ratio of 16.92, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The stock has a 50 day simple moving average of $193.64 and a 200 day simple moving average of $173.65. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion during 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 firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.81 earnings per share. On average, research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.22%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Analyst Upgrades and Downgrades

COF has been the topic of a number of recent analyst reports. Truist Financial boosted their price target on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. The Goldman Sachs Group boosted their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Argus raised Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Seven equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus target price of $202.27.

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.