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

Abrams Bison Investments LLC reduced its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 558,000 shares of the financial services provider's stock after selling 19,000 shares during the quarter. Capital One Financial accounts for approximately 10.2% of Abrams Bison Investments LLC's portfolio, making the stock its 5th largest holding. Abrams Bison Investments LLC owned about 0.15% of Capital One Financial worth $99,503,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of COF. Bfsg LLC purchased a new position in shares of Capital One Financial during the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Capital One Financial in the 4th quarter worth approximately $27,000. TruNorth Capital Management LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new position in Capital One Financial during the 4th quarter valued at $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Capital One Financial in the 4th quarter worth $32,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Down 0.1 %

Shares of COF traded down $0.19 during midday trading on Tuesday, reaching $182.94. 2,602,755 shares of the company were exchanged, compared to its average volume of 3,138,009. The company has a market cap of $69.79 billion, a price-to-earnings ratio of 15.78, a P/E/G ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The stock has a 50-day moving average price of $174.76 and a 200-day moving average price of $180.93. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed 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. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.31%. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of recent analyst reports. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a research note on Wednesday, March 12th. JPMorgan Chase & Co. decreased their price objective on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Barclays boosted their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. Royal Bank of Canada set a $190.00 target price on shares of Capital One Financial and gave the company a "sector perform" rating in a research note on Monday, April 14th. Finally, UBS Group upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and boosted their target price for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $207.73.

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.