Seizert Capital Partners LLC Decreases Stake in Capital One Financial Co. (NYSE:COF)

Seizert Capital Partners LLC decreased its holdings in Capital One Financial Co. (NYSE:COF) by 6.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 221,089 shares of the financial services provider’s stock after selling 15,123 shares during the quarter. Capital One Financial accounts for approximately 1.8% of Seizert Capital Partners LLC’s holdings, making the stock its 25th biggest position. Seizert Capital Partners LLC’s holdings in Capital One Financial were worth $39,425,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Asset Management One Co. Ltd. boosted its holdings in Capital One Financial by 5.3% in 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 purchasing an additional 7,331 shares during the last quarter. Principal Financial Group Inc. boosted its stake 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 worth $64,482,000 after buying an additional 17,825 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Capital One Financial by 4.5% during the fourth 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 acquiring an additional 2,006 shares during the last quarter. Catalina Capital Group LLC boosted its position in 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 worth $241,000 after purchasing an additional 121 shares during the last quarter. Finally, CWA Asset Management Group LLC bought a new stake in shares of Capital One Financial during the 3rd quarter valued at about $1,649,000. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

COF has been the topic of several recent research reports. Barclays increased their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a report on Tuesday, January 14th. Finally, Royal Bank of Canada lifted their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Seven analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $202.27.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $184.84 on Wednesday. The firm’s fifty day moving average is $193.69 and its two-hundred day moving average is $173.97. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a market cap of $70.48 billion, a P/E ratio of 15.95, a P/E/G ratio of 1.19 and a beta of 1.47. 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 issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the prior year, the firm posted $2.81 EPS. The firm’s revenue was up 7.2% compared to the same quarter last year. As a group, analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 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.