Ironwood Investment Counsel LLC Trims Stock Holdings in Capital One Financial Co. (NYSE:COF)

Ironwood Investment Counsel LLC cut its holdings in Capital One Financial Co. (NYSE:COF) by 24.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,220 shares of the financial services provider’s stock after selling 1,705 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in Capital One Financial were worth $931,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bfsg LLC purchased a new position in Capital One Financial during the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Capital One Financial during the fourth quarter worth about $27,000. TruNorth Capital Management LLC acquired a new stake in Capital One Financial in the fourth quarter valued at about $29,000. Decker Retirement Planning Inc. purchased a new stake in Capital One Financial in the 4th quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. acquired a new position in Capital One Financial during the 4th quarter worth approximately $32,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

NYSE:COF opened at $165.73 on Friday. The company’s 50-day moving average is $192.54 and its two-hundred day moving average is $174.98. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market cap of $63.20 billion, a price-to-earnings ratio of 14.30, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67.

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

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.45%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their price target for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $190.00 to $200.00 in a research report on Tuesday. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, Royal Bank of Canada increased their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Five research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $206.67.

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.