Capital One Financial Co. (NYSE:COF) Shares Bought by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust raised its position in Capital One Financial Co. (NYSE:COF) by 489.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,900 shares of the financial services provider’s stock after acquiring an additional 2,408 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Capital One Financial were worth $380,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. PDS Planning Inc acquired a new stake in shares of Capital One Financial during the fourth quarter worth approximately $212,000. OLD National Bancorp IN lifted its stake in Capital One Financial by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 139,456 shares of the financial services provider’s stock worth $18,285,000 after purchasing an additional 4,403 shares during the last quarter. Handelsbanken Fonder AB lifted its stake in Capital One Financial by 3.8% during the fourth quarter. Handelsbanken Fonder AB now owns 75,225 shares of the financial services provider’s stock worth $9,864,000 after purchasing an additional 2,767 shares during the last quarter. CWM LLC lifted its stake in Capital One Financial by 20.2% during the fourth quarter. CWM LLC now owns 6,369 shares of the financial services provider’s stock worth $835,000 after purchasing an additional 1,071 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Capital One Financial by 1.1% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 40,813 shares of the financial services provider’s stock worth $5,351,000 after purchasing an additional 440 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 0.1 %

COF traded up $0.21 during trading on Wednesday, reaching $148.11. The company had a trading volume of 986,273 shares, compared to its average volume of 2,658,018. The firm’s 50-day simple moving average is $139.82 and its 200 day simple moving average is $125.28. The company has a market cap of $56.34 billion, a price-to-earnings ratio of 12.38, a PEG ratio of 1.06 and a beta of 1.48. Capital One Financial Co. has a 12-month low of $83.93 and a 12-month high of $149.94. 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 (NYSE:COF) last released its earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The business had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.45 billion. Equities research analysts anticipate that Capital One Financial Co. will post 13.84 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.40 annualized dividend and a yield of 1.62%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.08%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on COF shares. Piper Sandler raised their price objective on Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a research note on Friday, February 23rd. Robert W. Baird cut Capital One Financial from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $150.00 to $145.00 in a research note on Monday, January 8th. Citigroup raised their target price on Capital One Financial from $152.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Wolfe Research upgraded Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a research note on Thursday, April 4th. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $159.00 target price on shares of Capital One Financial in a research note on Wednesday, March 27th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $137.05.

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.