Clarkston Capital Partners LLC Sells 17,201 Shares of Capital One Financial Co. (NYSE:COF)

Clarkston Capital Partners LLC lessened its stake in shares of Capital One Financial Co. (NYSE:COF) by 6.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 260,091 shares of the financial services provider’s stock after selling 17,201 shares during the period. Capital One Financial makes up about 0.9% of Clarkston Capital Partners LLC’s investment portfolio, making the stock its 28th largest holding. Clarkston Capital Partners LLC owned 0.07% of Capital One Financial worth $46,379,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Bfsg LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Capital One Financial in the fourth quarter worth about $27,000. TruNorth Capital Management LLC bought a new position in shares of Capital One Financial in the fourth quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

NYSE COF opened at $150.19 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The business’s fifty day moving average is $187.92 and its 200 day moving average is $178.72. The company has a market capitalization of $57.29 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $10.22 billion. During the same period in the previous year, the firm earned $2.81 EPS. The business’s quarterly revenue was up 7.2% on a year-over-year basis. Sell-side analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.60%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Wall Street Analysts Forecast Growth

COF has been the topic of several recent analyst reports. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a report on Tuesday, January 14th. Finally, Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $207.80.

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.