Capital One Financial Co. (NYSE:COF) Shares Sold by Allworth Financial LP

Allworth Financial LP lowered its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 42.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,108 shares of the financial services provider's stock after selling 3,832 shares during the quarter. Allworth Financial LP's holdings in Capital One Financial were worth $911,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Asset Management One Co. Ltd. boosted its holdings in Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider's stock worth $21,976,000 after buying an additional 7,331 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Capital One Financial by 4.3% during the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider's stock worth $64,482,000 after buying an additional 17,825 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in Capital One Financial by 4.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider's stock worth $8,234,000 after buying an additional 2,006 shares in the last quarter. Catalina Capital Group LLC boosted its holdings in Capital One Financial by 8.1% during the third quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider's stock worth $241,000 after buying an additional 121 shares in the last quarter. Finally, CWA Asset Management Group LLC purchased a new position in Capital One Financial during the third quarter valued at $1,649,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Trading Down 2.7 %

Shares of Capital One Financial stock traded down $5.60 on Friday, reaching $199.78. The company had a trading volume of 2,258,371 shares, compared to its average volume of 3,363,183. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The firm's 50 day moving average price is $191.14 and its two-hundred day moving average price is $170.00. The firm has a market cap of $76.16 billion, a PE ratio of 17.23, a PEG ratio of 1.21 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last announced 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 net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the prior year, the firm earned $2.81 EPS. The firm's revenue for the quarter 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 fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.20%. The ex-dividend date is Tuesday, February 18th. Capital One Financial's payout ratio is currently 20.71%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on COF shares. Truist Financial lifted their target price on shares of Capital One Financial from $229.00 to $257.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Evercore ISI lifted their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a research report on Wednesday, October 30th. UBS Group upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Keefe, Bruyette & Woods boosted their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. Finally, The Goldman Sachs Group boosted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. Eight investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $198.50.

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.