Andra AP fonden Decreases Holdings in Capital One Financial Co. (NYSE:COF)

Andra AP fonden lowered its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 40.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 92,400 shares of the financial services provider's stock after selling 63,600 shares during the period. Andra AP fonden's holdings in Capital One Financial were worth $16,477,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. FMR LLC increased its position in Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock worth $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Capital One Financial in the 4th quarter valued at approximately $130,683,000. Wellington Management Group LLP increased its position in Capital One Financial by 268.7% in the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider's stock valued at $146,052,000 after acquiring an additional 710,881 shares during the period. Southpoint Capital Advisors LP acquired a new position in Capital One Financial in the 3rd quarter valued at approximately $104,811,000. Finally, Raymond James Financial Inc. acquired a new position in Capital One Financial in the 4th quarter valued at approximately $115,091,000. Institutional investors own 89.84% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on COF. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a research note on Monday, December 9th. Truist Financial upped their price objective on shares of Capital One Financial from $229.00 to $257.00 and gave the company a "buy" rating in a research note on Monday, January 27th. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and increased their target price for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. 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. Finally, Royal Bank of Canada increased their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a "sector perform" rating in a research note on Wednesday, January 22nd. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $202.27.

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Capital One Financial Stock Down 1.8 %

COF traded down $3.13 during trading on Friday, hitting $173.00. 10,064,238 shares of the company's stock were exchanged, compared to its average volume of 3,708,598. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The business's 50 day moving average is $193.50 and its two-hundred day moving average is $174.50. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The stock has a market cap of $65.97 billion, a P/E ratio of 14.93, a PEG ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.81 earnings per share. As a group, equities analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.39%. Capital One Financial's dividend payout ratio is currently 20.71%.

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.