Leisure Capital Management Lowers Stock Position in Capital One Financial Co. (NYSE:COF)

Leisure Capital Management cut its holdings in shares of Capital One Financial Co. (NYSE:COF) by 14.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,281 shares of the financial services provider’s stock after selling 1,414 shares during the period. Leisure Capital Management’s holdings in Capital One Financial were worth $1,086,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Householder Group Estate & Retirement Specialist LLC lifted its holdings in shares of Capital One Financial by 1,658.3% during 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 period. Bartlett & Co. LLC lifted its holdings 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 valued at $33,000 after acquiring an additional 218 shares during the period. Sound Income Strategies LLC lifted its holdings 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 valued at $35,000 after acquiring an additional 139 shares during the period. Venturi Wealth Management LLC lifted its holdings 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 valued at $38,000 after acquiring an additional 157 shares during the period. Finally, MV Capital Management Inc. lifted its holdings 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 valued at $45,000 after acquiring an additional 105 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 0.2 %

Shares of COF traded up $0.24 during trading on Friday, reaching $146.21. The company’s stock had a trading volume of 4,328,677 shares, compared to its average volume of 2,287,948. The company has a fifty day moving average of $140.47 and a two-hundred day moving average of $125.94. Capital One Financial Co. has a twelve month low of $83.93 and a twelve month high of $149.94. The company has a market cap of $55.62 billion, a price-to-earnings ratio of 11.45, a P/E/G 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 (NYSE:COF) last announced its earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.85%. The business had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. During the same period in the previous year, the company earned $2.31 earnings per share. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, sell-side analysts predict that Capital One Financial Co. will post 13.79 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. UBS Group raised their target price on Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, February 29th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $159.00 price target on shares of Capital One Financial in a research note on Wednesday, March 27th. Evercore ISI lifted their price target on Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, March 28th. Robert W. Baird downgraded Capital One Financial from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $150.00 to $145.00 in a research note on Monday, January 8th. Finally, Wolfe Research raised 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. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $137.05.

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.