Capital One Financial Co. (NYSE:COF) Shares Sold by National Pension Service

National Pension Service trimmed its stake in shares of Capital One Financial Co. (NYSE:COF) by 13.6% in the fourth quarter, Holdings Channel reports. The fund owned 836,469 shares of the financial services provider’s stock after selling 131,629 shares during the period. National Pension Service’s holdings in Capital One Financial were worth $149,159,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in COF. 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 worth $1,288,000 after acquiring an additional 808 shares during the period. Arkadios Wealth Advisors lifted its position in Capital One Financial by 3.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock worth $266,000 after acquiring an additional 66 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position 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. Nisa Investment Advisors LLC lifted its position in Capital One Financial by 5.1% during the 3rd quarter. Nisa Investment Advisors LLC now owns 153,631 shares of the financial services provider’s stock worth $23,003,000 after acquiring an additional 7,390 shares during the period. Finally, Pallas Capital Advisors LLC acquired a new stake in Capital One Financial during the 3rd quarter worth approximately $336,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on COF shares. Barclays increased their target price on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Argus raised Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods increased their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. The Goldman Sachs Group increased their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Seven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $196.54 on Thursday. The business’s fifty day moving average price is $192.45 and its two-hundred day moving average price is $172.06. The stock has a market cap of $74.95 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67.

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

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

About Capital One Financial

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.