Addison Advisors LLC Has $141,000 Holdings in Capital One Financial Co. (NYSE:COF)

Addison Advisors LLC lifted its stake in shares of Capital One Financial Co. (NYSE:COF) by 3,676.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 793 shares of the financial services provider’s stock after purchasing an additional 772 shares during the period. Addison Advisors LLC’s holdings in Capital One Financial were worth $141,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Private Advisor Group LLC lifted its position in Capital One Financial by 10.4% during the 3rd quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock valued at $1,288,000 after purchasing an additional 808 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Capital One Financial by 2.3% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,042 shares of the financial services provider’s stock valued at $6,197,000 after buying an additional 933 shares during the period. Arkadios Wealth Advisors boosted its stake in Capital One Financial by 3.9% in the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after acquiring an additional 66 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Capital One Financial by 7.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 23,004 shares of the financial services provider’s stock worth $3,444,000 after acquiring an additional 1,564 shares during the period. Finally, Concord Wealth Partners raised its position in shares of Capital One Financial by 115.3% during the 3rd quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 173 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of analyst reports. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Argus raised Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Barclays lifted their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Finally, Evercore ISI increased their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Seven research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $202.27.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $193.94 on Wednesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market cap of $73.96 billion, a price-to-earnings ratio of 16.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The stock’s 50-day moving average is $192.01 and its 200-day moving average is $171.88.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the firm posted $2.81 EPS. The business’s revenue was up 7.2% on a year-over-year basis. Equities analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.24%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

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.