Aspen Wealth Strategies LLC Grows Holdings in Capital One Financial Co. (NYSE:COF)

Aspen Wealth Strategies LLC grew its stake in Capital One Financial Co. (NYSE:COF) by 55.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 5,154 shares of the financial services provider’s stock after acquiring an additional 1,830 shares during the period. Aspen Wealth Strategies LLC’s holdings in Capital One Financial were worth $676,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Pzena Investment Management LLC raised its stake in shares of Capital One Financial by 8.3% in 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 acquiring an additional 585,797 shares during the period. Geode Capital Management LLC raised its stake in shares of Capital One Financial by 1.2% in the 1st quarter. Geode Capital Management LLC now owns 6,838,226 shares of the financial services provider’s stock valued at $656,327,000 after acquiring an additional 78,994 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Capital One Financial by 1.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 5,413,955 shares of the financial services provider’s stock valued at $710,798,000 after acquiring an additional 95,770 shares during the period. Northern Trust Corp raised its stake 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 valued at $383,821,000 after acquiring an additional 99,915 shares during the period. Finally, Morgan Stanley increased its stake in Capital One Financial by 10.6% during the 4th quarter. Morgan Stanley now owns 3,785,441 shares of the financial services provider’s stock worth $351,895,000 after buying an additional 362,071 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on COF shares. Citigroup upped their target price on shares of Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, February 23rd. The Goldman Sachs Group boosted their price target on shares of Capital One Financial from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, December 18th. Wells Fargo & Company upped their target price on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. Robert W. Baird cut shares of Capital One Financial from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $150.00 to $145.00 in a report on Monday, January 8th. Finally, Evercore ISI increased their price target on shares of 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. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $137.05.

Capital One Financial Price Performance

NYSE:COF traded down $2.82 during mid-day trading on Tuesday, hitting $136.36. 2,206,326 shares of the company’s stock traded hands, compared to its average volume of 2,690,615. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. The firm’s 50 day simple moving average is $138.96 and its 200 day simple moving average is $123.24. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $149.27. The company has a market cap of $51.87 billion, a PE ratio of 11.47, a price-to-earnings-growth ratio of 1.00 and a beta of 1.48.

Capital One Financial (NYSE:COF) last posted 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. Sell-side analysts expect that Capital One Financial Co. will post 13.84 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently declared 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 was Friday, February 9th. This represents a $2.40 annualized dividend and a dividend yield of 1.76%. Capital One Financial’s dividend payout ratio is currently 20.08%.

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.