Commonwealth of Pennsylvania Public School Empls Retrmt SYS Lowers Holdings in Capital One Financial Co. (NYSE:COF)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in Capital One Financial Co. (NYSE:COF) by 18.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,118 shares of the financial services provider’s stock after selling 7,008 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Capital One Financial were worth $5,549,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp grew its position in Capital One Financial by 0.5% in the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock valued at $2,471,572,000 after buying an additional 74,784 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Capital One Financial by 2.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock worth $1,649,488,000 after purchasing an additional 280,462 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Capital One Financial by 0.7% during the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after purchasing an additional 72,097 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Capital One Financial by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock worth $1,198,664,000 after purchasing an additional 159,616 shares in the last quarter. Finally, FMR LLC boosted its position in shares of Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Trading Up 0.2 %

NYSE COF opened at $174.79 on Friday. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The company has a 50-day moving average of $191.50 and a 200-day moving average of $176.31. 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 company has a market cap of $66.65 billion, a P/E ratio of 15.08, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data 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. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company 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 company posted $2.81 EPS. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. As a group, equities analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wells Fargo & Company boosted their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. Argus raised Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada lifted their price target on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd. Five equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $203.87.

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.