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

JBF Capital Inc. cut its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 37.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,000 shares of the financial services provider's stock after selling 3,000 shares during the period. JBF Capital Inc.'s holdings in Capital One Financial were worth $892,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $590,279,000. Egerton Capital UK LLP purchased a new position in Capital One Financial in the fourth quarter worth $279,159,000. FMR LLC lifted its holdings in Capital One Financial by 21.6% in the fourth quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock valued at $1,440,449,000 after acquiring an additional 1,436,935 shares during the period. Meritage Group LP acquired a new position in shares of Capital One Financial during the 4th quarter worth $227,662,000. Finally, Invesco Ltd. lifted its stake in shares of Capital One Financial by 38.7% in the fourth quarter. Invesco Ltd. now owns 4,117,444 shares of the financial services provider's stock valued at $734,223,000 after purchasing an additional 1,148,443 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Trading Up 3.7 %

Shares of NYSE COF traded up $6.31 during midday trading on Wednesday, hitting $176.51. The stock had a trading volume of 7,664,896 shares, compared to its average volume of 3,131,785. The company has a fifty day moving average price of $177.01 and a 200 day moving average price of $179.88. The company has a market capitalization of $67.33 billion, a price-to-earnings ratio of 15.23, a PEG ratio of 1.19 and a beta of 1.24. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. The firm had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. On average, analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.36%. Capital One Financial's dividend payout ratio is currently 20.15%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price objective for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. Citigroup dropped their price target on Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research report on Monday, March 24th. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and upped their price objective for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research report on Tuesday, March 25th. Finally, HSBC raised shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price target on the stock in a research note on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $206.07.

About Capital One Financial

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.