US Bancorp DE Sells 1,821 Shares of Capital One Financial Co. (NYSE:COF)

US Bancorp DE decreased its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,530 shares of the financial services provider's stock after selling 1,821 shares during the period. US Bancorp DE's holdings in Capital One Financial were worth $10,972,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Asset Management One Co. Ltd. boosted its stake in shares of Capital One Financial by 5.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider's stock valued at $21,976,000 after buying an additional 7,331 shares during the period. Principal Financial Group Inc. boosted its position in Capital One Financial by 4.3% during 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 purchasing an additional 17,825 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in 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 in the last quarter. Catalina Capital Group LLC increased its position in Capital One Financial by 8.1% in the 3rd quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider's stock worth $241,000 after purchasing an additional 121 shares during the last quarter. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Capital One Financial during the 3rd quarter worth about $1,649,000. 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 a number of research reports. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. The Goldman Sachs Group increased their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a research note on Monday, December 9th. Barclays increased their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 22nd. Finally, HSBC upgraded Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price on the stock in a report on Tuesday, January 14th. Seven investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Capital One Financial has a consensus rating of "Moderate Buy" and an average price target of $202.27.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded up $1.33 during trading on Wednesday, reaching $186.23. The company's stock had a trading volume of 1,987,642 shares, compared to its average volume of 3,468,817. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The stock has a 50-day moving average price of $193.69 and a two-hundred day moving average price of $173.97. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $71.01 billion, a P/E ratio of 16.07, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF - Get Free Report) last released 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. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10.19 billion for the quarter, compared to analysts' expectations of $10.22 billion. During the same period in the prior year, the firm earned $2.81 earnings per share. Capital One Financial's revenue was up 7.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. Capital One Financial's dividend payout ratio (DPR) is currently 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.