Capital One Financial Co. (NYSE:COF) Shares Sold by Amalgamated Bank

Amalgamated Bank lowered its position in Capital One Financial Co. (NYSE:COF) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,488 shares of the financial services provider’s stock after selling 1,377 shares during the quarter. Amalgamated Bank’s holdings in Capital One Financial were worth $13,104,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of COF. Asset Management One Co. Ltd. grew its holdings in shares of Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after buying an additional 7,331 shares during the last quarter. Principal Financial Group Inc. lifted its position in Capital One Financial by 4.3% during the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after acquiring an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Capital One Financial by 4.5% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock valued at $8,234,000 after purchasing an additional 2,006 shares during the last quarter. Catalina Capital Group LLC increased its holdings in shares of Capital One Financial by 8.1% in the third quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock valued at $241,000 after purchasing an additional 121 shares during the period. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Capital One Financial during the third quarter worth approximately $1,649,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods boosted their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Bank of America upgraded shares of 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 note on Wednesday, February 19th. Evercore ISI increased their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. The Goldman Sachs Group lifted their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, Royal Bank of Canada increased their target price 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. Seven 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, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average target price of $202.27.

Capital One Financial Trading Down 3.0 %

NYSE:COF opened at $193.94 on Wednesday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a fifty day simple moving average of $192.01 and a 200-day simple moving average of $171.88. The company has a market capitalization of $73.96 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last announced its 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 company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.81 earnings per share. On average, equities research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

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 1.24%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

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.