Capital One Financial Co. (NYSE:COF) Shares Sold by American Century Companies Inc.

American Century Companies Inc. lowered its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 45.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,545 shares of the financial services provider's stock after selling 116,338 shares during the period. American Century Companies Inc.'s holdings in Capital One Financial were worth $25,062,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Egerton Capital UK LLP acquired a new stake in Capital One Financial during the 4th quarter valued at approximately $279,159,000. International Assets Investment Management LLC acquired a new position in Capital One Financial during the fourth quarter valued at $130,683,000. Wellington Management Group LLP boosted its holdings in Capital One Financial by 268.7% in the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider's stock valued at $146,052,000 after purchasing an additional 710,881 shares during the last quarter. Southpoint Capital Advisors LP acquired a new stake in Capital One Financial during the 3rd quarter worth about $104,811,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Capital One Financial during the 4th quarter valued at about $115,091,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on COF. UBS Group raised Capital One Financial from a "neutral" rating to a "buy" rating and raised their target price for the stock from $168.00 to $235.00 in a report on Monday, January 13th. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a "neutral" rating in a research note on Monday, December 9th. HSBC upgraded shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price for the company in a research note on Tuesday, January 14th. Barclays raised their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. Finally, Wells Fargo & Company boosted their price objective 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. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $206.63.

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Capital One Financial Trading Up 2.2 %

Shares of COF stock traded up $3.92 during trading on Wednesday, hitting $182.14. 1,865,131 shares of the stock traded hands, compared to its average volume of 3,957,525. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The firm has a market capitalization of $69.46 billion, a P/E ratio of 15.72, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The firm's fifty day moving average price is $190.16 and its 200-day moving average price is $178.50. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly 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 business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.81 EPS. As a group, research analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is presently 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.