Fulton Breakefield Broenniman LLC Invests $252,000 in Capital One Financial Co. (NYSE:COF)

Fulton Breakefield Broenniman LLC acquired a new position in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,919 shares of the financial services provider’s stock, valued at approximately $252,000.

Several other institutional investors and hedge funds have also made changes to their positions in COF. Householder Group Estate & Retirement Specialist LLC boosted its position in shares of Capital One Financial by 1,658.3% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 199 shares during the period. Bartlett & Co. LLC boosted its position in shares of Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares during the period. Sound Income Strategies LLC boosted its position in shares of Capital One Financial by 109.4% in the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 139 shares during the period. Venturi Wealth Management LLC boosted its position in shares of Capital One Financial by 66.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 157 shares during the period. Finally, MV Capital Management Inc. boosted its position in shares of Capital One Financial by 43.9% in the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 105 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Price Performance

NYSE COF traded up $0.24 during mid-day trading on Friday, hitting $146.21. The stock had a trading volume of 4,328,677 shares, compared to its average volume of 2,287,948. Capital One Financial Co. has a 52-week low of $83.93 and a 52-week 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 50 day simple moving average of $140.47 and a 200 day simple moving average of $125.94. 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 released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share 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 analysts’ expectations of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.85%. The business’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the previous year, the business earned $2.31 earnings per share. Equities analysts forecast that Capital One Financial Co. will post 13.79 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business 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 annualized dividend and a yield of 1.64%. The ex-dividend date was Friday, February 9th. Capital One Financial’s payout ratio is 18.79%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on COF. Robert W. Baird cut Capital One Financial from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $150.00 to $145.00 in a research report on Monday, January 8th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $159.00 price objective on shares of Capital One Financial in a research report on Wednesday, March 27th. Royal Bank of Canada increased their price objective 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. Barclays increased their price objective on Capital One Financial from $114.00 to $154.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Capital One Financial in a research report on Wednesday, January 10th. They set a “hold” rating and a $153.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price 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.