Smith Graham & Co. Investment Advisors LP Sells 2,717 Shares of Capital One Financial Co. (NYSE:COF)

Smith Graham & Co. Investment Advisors LP decreased its holdings in Capital One Financial Co. (NYSE:COF) by 9.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 26,633 shares of the financial services provider’s stock after selling 2,717 shares during the period. Smith Graham & Co. Investment Advisors LP’s holdings in Capital One Financial were worth $3,492,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of COF. Householder Group Estate & Retirement Specialist LLC increased its stake 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 last quarter. Bartlett & Co. LLC grew its position in Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares during the last quarter. Resurgent Financial Advisors LLC bought a new stake in Capital One Financial during the 4th quarter worth $34,000. Sound Income Strategies LLC grew its position in Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 139 shares during the last quarter. Finally, Neo Ivy Capital Management bought a new stake in Capital One Financial during the 2nd quarter worth $37,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 0.5 %

Shares of NYSE:COF opened at $139.59 on Friday. The business’s 50-day moving average is $138.89 and its 200-day moving average is $122.57. Capital One Financial Co. has a 1 year low of $83.93 and a 1 year high of $149.27. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $53.10 billion, a price-to-earnings ratio of 11.68, a P/E/G ratio of 1.01 and a beta of 1.48.

Capital One Financial (NYSE:COFGet Free Report) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. The firm had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.45 billion. Equities research analysts predict that Capital One Financial Co. will post 13.85 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend was Friday, February 9th. Capital One Financial’s dividend payout ratio is currently 20.08%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on COF. Citigroup boosted their price objective on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Wells Fargo & Company boosted their price objective on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday. Robert W. Baird lowered Capital One Financial from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock 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 target price on shares of Capital One Financial in a report on Wednesday, March 27th. Finally, Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a report on Thursday, April 4th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $137.05.

Get Our Latest Research Report on COF

About Capital One Financial

(Free Report)

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.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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