Sigma Planning Corp Sells 664 Shares of Capital One Financial Co. (NYSE:COF)

Sigma Planning Corp reduced its stake in shares of Capital One Financial Co. (NYSE:COF) by 25.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,915 shares of the financial services provider’s stock after selling 664 shares during the quarter. Sigma Planning Corp’s holdings in Capital One Financial were worth $251,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in COF. Householder Group Estate & Retirement Specialist LLC lifted its stake in Capital One Financial by 1,658.3% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 199 shares during the last quarter. Bartlett & Co. LLC lifted its stake in Capital One Financial by 726.7% in the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares during the last quarter. Sound Income Strategies LLC lifted its stake in Capital One Financial by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 139 shares during the last quarter. MV Capital Management Inc. lifted its stake in Capital One Financial by 43.9% in the fourth quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 105 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in Capital One Financial by 66.5% in the third quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 157 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

COF has been the subject of several recent research reports. Wolfe Research raised shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target for the company in a research note on Thursday, April 4th. Barclays boosted their price objective on shares of Capital One Financial from $114.00 to $154.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 2nd. Evercore ISI boosted their price objective on shares of Capital One Financial from $142.00 to $155.00 and gave the company an “in-line” rating in a research report on Thursday, March 28th. Piper Sandler boosted their price objective on shares of Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, February 23rd. Finally, BMO Capital Markets boosted their price objective on shares of Capital One Financial from $124.00 to $125.00 and gave the company a “market perform” rating in a research report on Monday, January 29th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $138.50.

Capital One Financial Price Performance

Shares of COF opened at $146.21 on Monday. The stock has a market cap of $55.62 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 1.05 and a beta of 1.48. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. Capital One Financial Co. has a fifty-two week low of $83.93 and a fifty-two week high of $149.94. The firm’s 50-day simple moving average is $140.47 and its two-hundred day simple moving average is $126.35.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.25 by ($0.04). The firm had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.35 billion. Capital One Financial had a return on equity of 9.85% and a net margin of 10.19%. The company’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.31 EPS. Analysts anticipate that Capital One Financial Co. will post 13.78 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company 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 annualized dividend and a dividend yield of 1.64%. Capital One Financial’s dividend payout ratio is presently 18.79%.

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.