Principal Financial Group Inc. Cuts Holdings in Capital One Financial Co. (NYSE:COF)

Principal Financial Group Inc. lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 427,620 shares of the financial services provider’s stock after selling 3,034 shares during the quarter. Principal Financial Group Inc. owned 0.11% of Capital One Financial worth $76,253,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Catalyst Financial Partners LLC raised its position in shares of Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after acquiring an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC raised its holdings in Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock worth $317,000 after purchasing an additional 56 shares in the last quarter. TFB Advisors LLC lifted its position in Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after buying an additional 59 shares during the period. Money Concepts Capital Corp boosted its holdings in shares of Capital One Financial by 4.1% during the 4th quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock valued at $279,000 after buying an additional 61 shares in the last quarter. Finally, Roman Butler Fullerton & Co. grew its position in shares of Capital One Financial by 3.5% in the 4th quarter. Roman Butler Fullerton & Co. now owns 1,852 shares of the financial services provider’s stock worth $330,000 after buying an additional 62 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial Trading Up 3.5 %

Shares of COF stock opened at $209.98 on Thursday. The company has a current ratio of 0.98, a quick 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 $210.10. The stock has a market capitalization of $80.05 billion, a P/E ratio of 18.12, a P/E/G ratio of 1.17 and a beta of 1.47. The firm’s 50 day moving average is $190.72 and its 200 day moving average is $169.75.

Capital One Financial (NYSE:COFGet Free Report) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the business posted $2.81 EPS. Research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research note on Tuesday, January 14th. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $207.00 to $235.00 in a research report on Wednesday. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Eight research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $198.50.

View Our Latest Report on Capital One Financial

Capital One Financial Profile

(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.

Featured Stories

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Co. (NYSE:COFFree Report).

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

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.