Capital One Financial Co. (NYSE:COF) Shares Sold by Johnson Financial Group Inc.

Johnson Financial Group Inc. trimmed its position in Capital One Financial Co. (NYSE:COF - Free Report) by 17.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,639 shares of the financial services provider's stock after selling 3,894 shares during the quarter. Johnson Financial Group Inc.'s holdings in Capital One Financial were worth $3,324,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. raised its stake in shares of Capital One Financial by 4.3% in the 3rd 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 increased its stake in Capital One Financial by 4.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider's stock worth $8,234,000 after buying an additional 2,006 shares during the period. Geode Capital Management LLC increased its stake in Capital One Financial by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock worth $1,467,393,000 after buying an additional 207,427 shares during the period. Artemis Investment Management LLP purchased a new stake in Capital One Financial during the 4th quarter worth approximately $46,915,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Capital One Financial by 9.6% during the 4th 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. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

COF has been the topic of several recent research reports. JPMorgan Chase & Co. cut 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 research note on Tuesday, April 8th. Wells Fargo & Company upped their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. Royal Bank of Canada set a $190.00 target price on shares of Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Bank of America raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Finally, UBS Group upgraded Capital One Financial from a "neutral" rating to a "buy" rating and raised their price target for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Capital One Financial currently has a consensus rating of "Moderate Buy" and an average target price of $207.73.

Capital One Financial Stock Performance

NYSE COF traded down $0.19 on Tuesday, hitting $182.94. 2,602,755 shares of the company's stock were exchanged, compared to its average volume of 3,138,009. 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 firm's 50-day moving average price is $175.22 and its two-hundred day moving average price is $180.91. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The firm has a market cap of $69.79 billion, a price-to-earnings ratio of 15.78, a P/E/G 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, topping the consensus estimate of $3.75 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 billion for the quarter, compared to analysts' expectations of $10.07 billion. On average, research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The company 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 1.31%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio is currently 20.15%.

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.