Corebridge Financial Inc. Sells 11,167 Shares of Capital One Financial Co. (NYSE:COF)

Corebridge Financial Inc. lessened its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 11.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,681 shares of the financial services provider's stock after selling 11,167 shares during the period. Corebridge Financial Inc.'s holdings in Capital One Financial were worth $15,635,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in COF. Norden Group LLC lifted its holdings in Capital One Financial by 2.6% during the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock valued at $358,000 after purchasing an additional 51 shares during the last quarter. Catalyst Financial Partners LLC raised its position in shares of Capital One Financial by 3.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock valued at $255,000 after purchasing an additional 54 shares during the period. Gladstone Institutional Advisory LLC lifted its stake in shares of Capital One Financial by 3.3% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock valued at $317,000 after buying an additional 56 shares in the last quarter. TFB Advisors LLC boosted its holdings in Capital One Financial by 4.1% in the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock worth $265,000 after buying an additional 59 shares during the period. Finally, Money Concepts Capital Corp grew its stake in Capital One Financial by 4.1% in the 4th quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider's stock valued at $279,000 after buying an additional 61 shares in the last quarter. Institutional investors own 89.84% of the company's stock.

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Capital One Financial Trading Down 2.7 %

NYSE:COF traded down $4.83 during midday trading on Friday, reaching $173.32. 2,617,284 shares of the stock traded hands, compared to its average volume of 2,830,431. The stock has a market capitalization of $66.09 billion, a P/E ratio of 14.95, a PEG ratio of 1.19 and a beta of 1.47. 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 company has a fifty day moving average of $190.70 and a 200 day moving average of $177.63. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data 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. 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%. The company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.81 earnings per share. On average, research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.38%. Capital One Financial's dividend payout ratio is currently 20.71%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on COF shares. Baird R W raised Capital One Financial from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 11th. Truist Financial cut their target price on Capital One Financial from $257.00 to $215.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and upped their price target for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Wells Fargo & Company raised their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a research report on Friday, January 3rd. Finally, Argus upgraded Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average 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.