Canada Pension Plan Investment Board Has $52.83 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Canada Pension Plan Investment Board lessened its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 23.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 296,267 shares of the financial services provider's stock after selling 90,458 shares during the period. Canada Pension Plan Investment Board owned 0.08% of Capital One Financial worth $52,830,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in COF. Barclays PLC boosted its position in shares of Capital One Financial by 2.9% during the third quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider's stock worth $156,058,000 after purchasing an additional 29,416 shares in the last quarter. M&T Bank Corp grew its stake in Capital One Financial by 0.5% in the third quarter. M&T Bank Corp now owns 128,304 shares of the financial services provider's stock valued at $19,211,000 after acquiring an additional 620 shares during the period. Stock Yards Bank & Trust Co. grew its stake in Capital One Financial by 4.1% in the third quarter. Stock Yards Bank & Trust Co. now owns 2,130 shares of the financial services provider's stock valued at $319,000 after acquiring an additional 83 shares during the period. Arvest Bank Trust Division bought a new stake in shares of Capital One Financial in the third quarter worth about $8,310,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Capital One Financial during the third quarter worth about $619,000. Institutional investors own 89.84% of the company's stock.

Capital One Financial Trading Up 3.7 %

COF stock traded up $6.31 during trading on Wednesday, hitting $176.51. The company had a trading volume of 7,633,441 shares, compared to its average volume of 4,560,773. 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 Co. has a one year low of $128.23 and a one year high of $210.67. The business has a 50-day moving average of $177.01 and a 200-day moving average of $179.88. The stock has a market cap of $67.33 billion, a PE ratio of 15.23, a PEG ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Research 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 declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial's payout ratio is 20.71%.

Analysts Set New Price Targets

COF has been the topic of several analyst reports. Robert W. Baird upgraded Capital One Financial from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. JPMorgan Chase & Co. dropped their target price on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Barclays boosted their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 22nd. Wells Fargo & Company lifted their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an "overweight" rating in a research note on Friday, January 3rd. Finally, BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research report on Tuesday, March 25th. Four investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $206.07.

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.