Pettyjohn Wood & White Inc. Buys 2,127 Shares of Capital One Financial Co. (NYSE:COF)

Pettyjohn Wood & White Inc. grew its stake in Capital One Financial Co. (NYSE:COF) by 54.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,012 shares of the financial services provider’s stock after buying an additional 2,127 shares during the quarter. Pettyjohn Wood & White Inc.’s holdings in Capital One Financial were worth $1,072,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bfsg LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth about $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial in the fourth quarter valued at $29,000. Decker Retirement Planning Inc. bought a new position in Capital One Financial in the 4th quarter valued at about $32,000. Catalyst Capital Advisors LLC acquired a new stake in Capital One Financial during the 3rd quarter worth approximately $36,000. Finally, Sierra Ocean LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth $48,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on COF. Truist Financial raised their target price on shares of Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a report on Monday, January 27th. Barclays boosted their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Argus upgraded Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Finally, Wells Fargo & Company raised their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Seven investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Stock Up 0.1 %

Shares of NYSE:COF opened at $197.00 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market cap of $75.12 billion, a P/E ratio of 17.00, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The business’s 50 day moving average is $192.88 and its 200 day moving average is $172.23. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter last year, the company earned $2.81 earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Sell-side analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors 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 1.22%. Capital One Financial’s dividend payout ratio is presently 20.71%.

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.