Capital One Financial Co. (NYSE:COF) Shares Sold by Clearbridge Investments LLC

Clearbridge Investments LLC lessened its stake in shares of Capital One Financial Co. (NYSE:COF) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,811,315 shares of the financial services provider’s stock after selling 271,610 shares during the quarter. Clearbridge Investments LLC owned about 1.00% of Capital One Financial worth $679,634,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in Capital One Financial during the fourth quarter worth about $590,279,000. Egerton Capital UK LLP purchased a new stake in shares of Capital One Financial during the 4th quarter worth $279,159,000. International Assets Investment Management LLC acquired a new stake in shares of Capital One Financial in the fourth quarter valued at about $130,683,000. Wellington Management Group LLP boosted its holdings in Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after buying an additional 710,881 shares in the last quarter. Finally, Southpoint Capital Advisors LP purchased a new position in Capital One Financial in the third quarter valued at about $104,811,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Trading Down 2.7 %

Shares of NYSE COF opened at $173.32 on Friday. The firm has a market capitalization of $66.09 billion, a PE ratio of 14.95, a PEG ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. 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 business has a 50-day moving average price of $190.70 and a two-hundred day moving average price of $177.63.

Capital One Financial (NYSE:COF) last released its quarterly earnings data 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. The firm had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.81 EPS. As a group, analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is presently 20.71%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Wells Fargo & Company lifted their price target on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Robert W. Baird raised shares of 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 note on Tuesday, March 11th. JPMorgan Chase & Co. boosted their price target on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Finally, Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Four equities research 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 company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $206.63.

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.