Chevy Chase Trust Holdings LLC trimmed its position in Capital One Financial Co. (NYSE:COF - Free Report) by 2.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 201,971 shares of the financial services provider's stock after selling 5,348 shares during the quarter. Chevy Chase Trust Holdings LLC owned 0.05% of Capital One Financial worth $36,015,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in COF. Walkner Condon Financial Advisors LLC purchased a new position in Capital One Financial during the 4th quarter valued at about $213,000. Catalyst Financial Partners LLC increased its holdings in Capital One Financial by 3.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock valued at $255,000 after buying an additional 54 shares during the period. Asset Management One Co. Ltd. raised its stake in Capital One Financial by 2.2% in the fourth quarter. Asset Management One Co. Ltd. now owns 150,030 shares of the financial services provider's stock worth $27,038,000 after buying an additional 3,261 shares in the last quarter. Avestar Capital LLC lifted its holdings in Capital One Financial by 3.0% during the fourth quarter. Avestar Capital LLC now owns 7,617 shares of the financial services provider's stock worth $1,358,000 after buying an additional 222 shares during the period. Finally, MontVue Capital Management Inc. bought a new stake in Capital One Financial during the 4th quarter valued at $206,000. Hedge funds and other institutional investors own 89.84% of the company's stock.
Capital One Financial Stock Performance
COF traded up $1.50 during trading on Tuesday, reaching $203.06. 4,438,627 shares of the company's stock were exchanged, compared to its average volume of 3,285,055. The company's fifty day simple moving average is $189.86 and its 200-day simple moving average is $168.99. The stock has a market capitalization of $77.41 billion, a P/E ratio of 17.52, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47. 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 Co. has a 1 year low of $128.23 and a 1 year high of $208.63.
Capital One Financial (NYSE:COF - Get Free Report) last posted 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 company 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%. The firm's quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.81 earnings per share. As a group, research analysts predict that Capital One Financial Co. will post 15.41 earnings per share for the current fiscal year.
Capital One Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.18%. The ex-dividend date is Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is 20.71%.
Wall Street Analyst Weigh In
COF has been the subject of several recent research reports. Barclays boosted their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 22nd. Hsbc Global Res raised shares of Capital One Financial from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods lifted their price objective 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 upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Finally, The Goldman Sachs Group raised their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $196.31.
Check Out Our Latest Stock Report on Capital One Financial
About Capital One Financial
(
Free Report)
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.
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