AustralianSuper Pty Ltd Decreases Stock Position in Capital One Financial Co. (NYSE:COF)

AustralianSuper Pty Ltd cut its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 17.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 879,499 shares of the financial services provider's stock after selling 181,848 shares during the period. AustralianSuper Pty Ltd owned 0.23% of Capital One Financial worth $156,832,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. State Street Corp increased its stake in Capital One Financial by 0.5% in the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider's stock worth $2,471,572,000 after acquiring an additional 74,784 shares during the last quarter. Franklin Resources Inc. increased its stake in Capital One Financial by 2.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider's stock worth $1,649,488,000 after acquiring an additional 280,462 shares during the last quarter. Fisher Asset Management LLC increased its stake in Capital One Financial by 0.7% in the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider's stock worth $1,451,527,000 after acquiring an additional 72,097 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Capital One Financial by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider's stock valued at $1,198,664,000 after purchasing an additional 159,616 shares during the last quarter. Finally, FMR LLC increased its position in shares of 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 valued at $994,350,000 after purchasing an additional 1,169,395 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 0.4 %

Shares of NYSE COF traded up $0.90 during mid-day trading on Tuesday, reaching $203.06. 4,548,431 shares of the company were exchanged, compared to its average volume of 3,341,246. 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 stock has a market cap of $77.41 billion, a price-to-earnings ratio of 17.52, a P/E/G ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63. The firm has a 50-day moving average of $189.86 and a 200 day moving average of $168.99.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts' consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during the quarter, compared to analysts' expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm's quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.81 EPS. On average, research analysts expect that Capital One Financial Co. will post 15.41 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is currently 20.71%.

Analyst Ratings Changes

COF has been the topic of several analyst reports. HSBC raised Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. Evercore ISI boosted their target price on 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. Robert W. Baird boosted their target price on Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research report on Friday, October 25th. Truist Financial boosted their target price on Capital One Financial from $229.00 to $257.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Finally, Barclays boosted their target price on Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Capital One Financial has a consensus rating of "Moderate Buy" and a consensus target price of $196.31.

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.