Brandywine Global Investment Management LLC Cuts Position in Capital One Financial Co. (NYSE:COF)

Brandywine Global Investment Management LLC trimmed its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 183,615 shares of the financial services provider's stock after selling 15,638 shares during the period. Brandywine Global Investment Management LLC's holdings in Capital One Financial were worth $32,742,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Principal Financial Group Inc. lifted its holdings in Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider's stock valued at $64,482,000 after acquiring an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Capital One Financial by 4.5% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider's stock valued at $8,234,000 after purchasing an additional 2,006 shares during the period. Artemis Investment Management LLP purchased a new stake in Capital One Financial during the fourth quarter worth about $46,915,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Capital One Financial by 9.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 250,696 shares of the financial services provider's stock worth $44,704,000 after buying an additional 22,063 shares during the period. Finally, Fifth Third Bancorp increased its holdings in Capital One Financial by 22.9% in the fourth quarter. Fifth Third Bancorp now owns 27,390 shares of the financial services provider's stock valued at $4,884,000 after buying an additional 5,101 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

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Analyst Ratings Changes

A number of equities research analysts recently weighed in on COF shares. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and upped their price target for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Royal Bank of Canada raised their price target on Capital One Financial from $190.00 to $200.00 and gave the company a "sector perform" rating in a research report on Wednesday, January 22nd. Argus upgraded shares of Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a report on Wednesday, March 12th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the company an "outperform" rating in a report on Monday, December 9th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $206.63.

Capital One Financial Trading Up 2.3 %

NYSE:COF traded up $4.05 during mid-day trading on Wednesday, reaching $182.27. The company's stock had a trading volume of 3,577,290 shares, compared to its average volume of 2,852,879. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The company's fifty day simple moving average is $190.16 and its two-hundred day simple moving average 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. The stock has a market cap of $69.50 billion, a P/E ratio of 15.73, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.78 by $0.31. The firm 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%. Capital One Financial's revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.81 earnings per share. On average, equities analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

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