Desjardins Global Asset Management Inc. Has $671,000 Holdings in Capital One Financial Co. (NYSE:COF)

Desjardins Global Asset Management Inc. trimmed its position in Capital One Financial Co. (NYSE:COF) by 12.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,120 shares of the financial services provider’s stock after selling 739 shares during the quarter. Desjardins Global Asset Management Inc.’s holdings in Capital One Financial were worth $671,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pzena Investment Management LLC lifted its holdings in shares of Capital One Financial by 8.3% during the 3rd quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock worth $740,199,000 after acquiring an additional 585,797 shares during the period. Geode Capital Management LLC grew its stake in shares of Capital One Financial by 1.2% in the 1st quarter. Geode Capital Management LLC now owns 6,838,226 shares of the financial services provider’s stock valued at $656,327,000 after purchasing an additional 78,994 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Capital One Financial by 1.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 5,413,955 shares of the financial services provider’s stock valued at $710,798,000 after purchasing an additional 95,770 shares during the period. Northern Trust Corp raised its holdings in shares of Capital One Financial by 2.6% in the 3rd quarter. Northern Trust Corp now owns 3,954,877 shares of the financial services provider’s stock worth $383,821,000 after buying an additional 99,915 shares in the last quarter. Finally, Morgan Stanley boosted its stake in Capital One Financial by 10.6% in the 4th quarter. Morgan Stanley now owns 3,785,441 shares of the financial services provider’s stock valued at $351,895,000 after buying an additional 362,071 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

COF has been the topic of several recent analyst reports. Robert W. Baird downgraded shares of Capital One Financial from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $150.00 to $145.00 in a research note on Monday, January 8th. Deutsche Bank Aktiengesellschaft initiated coverage on Capital One Financial in a report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 target price on the stock. BMO Capital Markets boosted their price objective on Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a research note on Monday, January 29th. Barclays lifted their price target on Capital One Financial from $114.00 to $154.00 and gave the company an “equal weight” rating in a report on Tuesday, January 2nd. Finally, Royal Bank of Canada raised their price objective on shares of Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 21st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $137.05.

Capital One Financial Price Performance

Shares of COF stock opened at $136.73 on Thursday. Capital One Financial Co. has a 12-month low of $83.93 and a 12-month high of $149.27. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $52.01 billion, a price-to-earnings ratio of 11.44, a price-to-earnings-growth ratio of 0.98 and a beta of 1.48. The firm has a fifty day moving average of $139.06 and a 200-day moving average of $123.61.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.45 billion. On average, equities research analysts forecast that Capital One Financial Co. will post 13.84 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 given a dividend of $0.60 per share. The ex-dividend date was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a yield of 1.76%. Capital One Financial’s dividend payout ratio (DPR) is 20.08%.

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.