Capital One Financial Co. (NYSE:COF) Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC decreased its stake in shares of Capital One Financial Co. (NYSE:COF) by 7.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 183,615 shares of the financial services provider’s stock after selling 15,638 shares during the period. Brandywine Global Investment Management LLC’s holdings in Capital One Financial were worth $32,742,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CIBC Private Wealth Group LLC boosted its holdings in shares of Capital One Financial by 1.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 17,108 shares of the financial services provider’s stock valued at $3,082,000 after acquiring an additional 174 shares in the last quarter. California Public Employees Retirement System lifted its position in Capital One Financial by 6.8% in the fourth quarter. California Public Employees Retirement System now owns 768,965 shares of the financial services provider’s stock worth $137,122,000 after purchasing an additional 48,894 shares during the period. RWA Wealth Partners LLC bought a new position in Capital One Financial during the 4th quarter valued at $887,000. Allianz SE acquired a new position in shares of Capital One Financial during the 4th quarter valued at $205,000. Finally, Intrust Bank NA raised its stake in shares of Capital One Financial by 2.6% in the 4th quarter. Intrust Bank NA now owns 8,189 shares of the financial services provider’s stock worth $1,460,000 after buying an additional 205 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Trading Down 2.7 %

Shares of NYSE:COF opened at $173.32 on Monday. The firm has a fifty day moving average of $190.70 and a two-hundred day moving average of $177.92. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The firm has a market capitalization of $66.09 billion, a P/E ratio of 14.95, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $10.22 billion. During the same quarter last year, the firm earned $2.81 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.38%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Analysts Set New Price Targets

Several research analysts recently weighed in on COF shares. Citigroup decreased their target price on Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, March 24th. UBS Group raised shares of 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. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price for the company in a report on Wednesday, March 12th. Finally, Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $206.63.

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.