Clearbridge Investments LLC Reduces Stock Holdings in Capital One Financial Co. (NYSE:COF)

Clearbridge Investments LLC trimmed its position in Capital One Financial Co. (NYSE:COF - Free Report) by 6.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,811,315 shares of the financial services provider's stock after selling 271,610 shares during the quarter. Clearbridge Investments LLC owned 1.00% of Capital One Financial worth $679,634,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bfsg LLC acquired a new position in shares of Capital One Financial in the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Capital One Financial in the fourth quarter valued at $27,000. TruNorth Capital Management LLC acquired a new position in Capital One Financial during the fourth quarter worth $29,000. SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial during the fourth quarter valued at $32,000. Finally, Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial in the 4th quarter valued at $32,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Up 2.3 %

NYSE:COF traded up $4.05 on Wednesday, hitting $182.27. The stock had a trading volume of 3,572,434 shares, compared to its average volume of 2,852,865. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The firm'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 quick ratio of 0.98 and a current ratio of 0.98. The stock has a market cap of $69.50 billion, a P/E ratio of 15.73, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

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Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts' consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the business posted $2.81 earnings per share. Capital One Financial's revenue was up 7.2% on a year-over-year basis. Analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is currently 20.71%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Keefe, Bruyette & Woods increased their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Baird R W raised Capital One Financial from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 11th. Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and raised their price target for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Finally, Wells Fargo & Company lifted their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a research report on Friday, January 3rd. Four 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, Capital One Financial has a consensus rating of "Moderate Buy" and an average target price of $206.63.

Capital One Financial Company 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.