National Pension Service Trims Stake in Capital One Financial Co. (NYSE:COF)

National Pension Service lessened its position in Capital One Financial Co. (NYSE:COF) by 13.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 836,469 shares of the financial services provider’s stock after selling 131,629 shares during the quarter. National Pension Service owned approximately 0.22% of Capital One Financial worth $149,159,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Asset Management One Co. Ltd. raised its holdings in shares of Capital One Financial by 5.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after buying an additional 7,331 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Capital One Financial by 4.3% in the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock valued at $64,482,000 after buying an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings 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 buying an additional 2,006 shares during the period. Catalina Capital Group LLC raised its holdings in shares of Capital One Financial by 8.1% in the 3rd quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock valued at $241,000 after buying an additional 121 shares during the period. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Capital One Financial in the 3rd quarter valued at $1,649,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wells Fargo & Company boosted their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Barclays upped their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and upped their price target for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Finally, Evercore ISI upped their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. Seven 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $202.27.

Capital One Financial Trading Up 1.4 %

NYSE:COF opened at $196.54 on Thursday. The stock has a 50-day simple moving average of $192.45 and a 200-day simple moving average of $172.06. The stock has a market cap of $74.95 billion, a P/E ratio of 16.96, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

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, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.81 EPS. As a group, analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $0.60 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

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.