Arrowstreet Capital Limited Partnership Has $484.47 Million Position in Capital One Financial Co. (NYSE:COF)

Arrowstreet Capital Limited Partnership lowered its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 39.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,716,843 shares of the financial services provider's stock after selling 1,795,507 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.71% of Capital One Financial worth $484,467,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Allianz SE purchased a new stake in Capital One Financial in the 4th quarter worth approximately $205,000. Intrust Bank NA increased its holdings in Capital One Financial by 2.6% in the fourth quarter. Intrust Bank NA now owns 8,189 shares of the financial services provider's stock worth $1,460,000 after buying an additional 205 shares during the last quarter. Allstate Corp acquired a new stake in Capital One Financial in the fourth quarter valued at approximately $2,019,000. Brown Brothers Harriman & Co. lifted its stake in Capital One Financial by 2.2% in the fourth quarter. Brown Brothers Harriman & Co. now owns 9,495 shares of the financial services provider's stock valued at $1,693,000 after acquiring an additional 200 shares during the last quarter. Finally, Level Four Advisory Services LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth $231,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on COF. Hsbc Global Res upgraded shares of Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. Wells Fargo & Company increased their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a research note on Friday, January 3rd. Bank of America raised Capital One Financial from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Evercore ISI upgraded 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. Finally, Citigroup reduced their price objective on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a report on Monday, March 24th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of "Moderate Buy" and an average price target of $206.63.

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Capital One Financial Trading Up 2.3 %

NYSE:COF traded up $4.05 on Wednesday, reaching $182.27. The company's stock had a trading volume of 3,558,932 shares, compared to its average volume of 2,852,852. The firm has a market cap of $69.50 billion, a PE ratio of 15.73, a PEG ratio of 1.19 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. The business's 50-day moving average price is $190.16 and its two-hundred day moving average price is $178.50. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67.

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, topping the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion for 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 business's quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the company posted $2.81 EPS. Equities research analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal 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 given a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.32%. Capital One Financial's dividend payout ratio is currently 20.71%.

Capital One Financial 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.