Capital One Financial Co. (NYSE:COF) Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC trimmed its holdings in shares of Capital One Financial Co. (NYSE:COF) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 183,615 shares of the financial services provider’s stock after selling 15,638 shares during the period. Brandywine Global Investment Management LLC’s holdings in Capital One Financial were worth $32,742,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC grew its stake in shares of Capital One Financial by 1.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 17,108 shares of the financial services provider’s stock valued at $3,082,000 after buying an additional 174 shares in the last quarter. California Public Employees Retirement System boosted its holdings in Capital One Financial by 6.8% in the 4th quarter. California Public Employees Retirement System now owns 768,965 shares of the financial services provider’s stock worth $137,122,000 after acquiring an additional 48,894 shares during the period. RWA Wealth Partners LLC purchased a new position in Capital One Financial in the 4th quarter worth approximately $887,000. Allianz SE acquired a new stake in Capital One Financial in the fourth quarter valued at approximately $205,000. Finally, Intrust Bank NA raised its stake in shares of Capital One Financial by 2.6% during the fourth quarter. Intrust Bank NA now owns 8,189 shares of the financial services provider’s stock valued at $1,460,000 after purchasing an additional 205 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on COF. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Truist Financial lowered their target price on Capital One Financial from $257.00 to $215.00 and set a “buy” rating for the company in a research note on Friday, March 21st. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Finally, Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average price target of $206.63.

Capital One Financial Stock Down 2.7 %

NYSE:COF opened at $173.32 on Monday. 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 stock has a 50 day moving average of $190.70 and a 200-day moving average of $177.92. The firm has a market capitalization of $66.09 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping 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 firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the company earned $2.81 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. Analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders 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 yield of 1.38%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Capital One Financial Company 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.