RBF Capital LLC Sells 10,100 Shares of Capital One Financial Co. (NYSE:COF)

RBF Capital LLC cut its holdings in Capital One Financial Co. (NYSE:COF) by 15.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,600 shares of the financial services provider's stock after selling 10,100 shares during the period. RBF Capital LLC's holdings in Capital One Financial were worth $9,637,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Barclays PLC boosted its stake in shares of Capital One Financial by 2.9% during the third quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider's stock valued at $156,058,000 after purchasing an additional 29,416 shares during the period. Stock Yards Bank & Trust Co. boosted its position in Capital One Financial by 4.1% during the 3rd quarter. Stock Yards Bank & Trust Co. now owns 2,130 shares of the financial services provider's stock valued at $319,000 after buying an additional 83 shares during the period. Arvest Bank Trust Division bought a new stake in Capital One Financial in the 3rd quarter worth $8,310,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Capital One Financial in the third quarter valued at about $619,000. Finally, Destination Wealth Management raised its stake in shares of Capital One Financial by 0.6% during the third quarter. Destination Wealth Management now owns 149,405 shares of the financial services provider's stock valued at $22,370,000 after acquiring an additional 876 shares during the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on COF. Truist Financial cut their target price on Capital One Financial from $257.00 to $215.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective on the stock in a research report on Tuesday, March 25th. Barclays boosted their target price on Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. Royal Bank of Canada set a $190.00 price target on Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Finally, Wells Fargo & Company boosted 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. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $206.07.

Capital One Financial Price Performance

COF stock opened at $170.43 on Wednesday. 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 firm has a market capitalization of $65.02 billion, a price-to-earnings ratio of 14.70, a PEG ratio of 1.19 and a beta of 1.24. The firm has a 50 day moving average price of $177.01 and a 200-day moving average price of $179.88. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67.

Capital One Financial (NYSE:COF - Get Free Report) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping the consensus estimate of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. Equities research analysts forecast 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. Shareholders of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.41%. Capital One Financial's dividend payout ratio (DPR) is presently 20.71%.

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.

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