Pinebridge Investments L.P. Sells 16,232 Shares of Capital One Financial Co. (NYSE:COF)

Pinebridge Investments L.P. lowered its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 8.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 170,912 shares of the financial services provider's stock after selling 16,232 shares during the period. Pinebridge Investments L.P.'s holdings in Capital One Financial were worth $30,477,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in COF. Bfsg LLC bought a new position in shares of Capital One Financial in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Capital One Financial in the 4th quarter worth $27,000. TruNorth Capital Management LLC acquired a new stake in shares of Capital One Financial during the fourth quarter worth $29,000. Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial during the fourth quarter valued at $32,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Capital One Financial in the 4th quarter valued at $32,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Down 1.2 %

NYSE COF traded down $2.22 during trading on Friday, reaching $182.83. The company's stock had a trading volume of 3,463,926 shares, compared to its average volume of 3,140,843. 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 $69.75 billion, a PE ratio of 15.77, 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 business has a 50-day moving average price of $175.76 and a 200-day moving average price of $180.32.

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

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. Capital One Financial's dividend payout ratio (DPR) is presently 20.15%.

Analysts Set New Price Targets

COF has been the topic of several recent analyst reports. Royal Bank of Canada set a $190.00 price objective on Capital One Financial and gave the stock a "sector perform" rating in a report on Monday, April 14th. Barclays boosted their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. decreased their price objective on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Truist Financial boosted their target price on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research note on Friday. Finally, Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and raised their target price for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. 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, Capital One Financial has a consensus rating of "Moderate Buy" and a consensus target price of $207.73.

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.