Sigma Planning Corp Has $251,000 Stake in Capital One Financial Co. (NYSE:COF)

Sigma Planning Corp decreased its stake in shares of Capital One Financial Co. (NYSE:COF) by 25.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,915 shares of the financial services provider’s stock after selling 664 shares during the period. Sigma Planning Corp’s holdings in Capital One Financial were worth $251,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in COF. Pzena Investment Management LLC boosted its stake 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 purchasing an additional 585,797 shares during the period. Northern Trust Corp lifted its position in shares of Capital One Financial by 2.6% in the 3rd quarter. Northern Trust Corp now owns 3,954,877 shares of the financial services provider’s stock worth $383,821,000 after acquiring an additional 99,915 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Capital One Financial by 3.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,096,708 shares of the financial services provider’s stock worth $300,536,000 after acquiring an additional 93,203 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Capital One Financial by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock worth $242,471,000 after acquiring an additional 40,585 shares during the period. Finally, Wellington Management Group LLP lifted its position in shares of 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 worth $114,972,000 after buying an additional 324,095 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE COF opened at $146.21 on Monday. The business’s 50 day moving average price is $140.47 and its two-hundred day moving average price is $126.35. The company 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 quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.85. Capital One Financial Co. has a twelve month low of $83.93 and a twelve month high of $149.94.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The business had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a return on equity of 9.85% and a net margin of 10.19%. Capital One Financial’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period last year, the firm earned $2.31 EPS. On average, analysts predict that Capital One Financial Co. will post 13.78 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date was Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Royal Bank of Canada raised their target price on Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 21st. Deutsche Bank Aktiengesellschaft assumed coverage on Capital One Financial in a research report on Wednesday, January 10th. They set a “hold” rating and a $153.00 target price for the company. UBS Group raised their target price on Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, February 29th. BMO Capital Markets raised their target price on Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a research report on Monday, January 29th. Finally, Wells Fargo & Company raised their price target on Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Capital One Financial currently has an average rating of “Hold” and an average target price of $138.50.

About Capital One Financial

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.