Teacher Retirement System of Texas Has $4.02 Million Holdings in Capital One Financial Co. (NYSE:COF)

Teacher Retirement System of Texas trimmed its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 61.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,523 shares of the financial services provider's stock after selling 35,564 shares during the period. Teacher Retirement System of Texas' holdings in Capital One Financial were worth $4,016,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Capital One Financial during the third quarter worth approximately $1,627,000. Advisors Asset Management Inc. increased its holdings in shares of Capital One Financial by 11.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 5,555 shares of the financial services provider's stock worth $832,000 after purchasing an additional 557 shares during the period. King Luther Capital Management Corp raised its position in shares of Capital One Financial by 6.8% during the third quarter. King Luther Capital Management Corp now owns 1,584 shares of the financial services provider's stock valued at $237,000 after buying an additional 101 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of Capital One Financial by 3.9% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 33,152 shares of the financial services provider's stock valued at $4,964,000 after buying an additional 1,249 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in Capital One Financial during the third quarter worth about $248,000. 89.84% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of research analysts recently commented on COF shares. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a research note on Wednesday, March 12th. UBS Group raised Capital One Financial from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Royal Bank of Canada raised their target price on Capital One Financial from $190.00 to $200.00 and gave the stock a "sector perform" rating in a research report on Wednesday, January 22nd. HSBC upgraded Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price objective for the company in a research note on Tuesday, January 14th. Finally, Truist Financial lowered their target price on shares of Capital One Financial from $257.00 to $215.00 and set a "buy" rating on the stock in a report on Friday. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and an average target price of $206.63.

Capital One Financial Trading Up 0.9 %

COF traded up $1.68 during trading on Tuesday, reaching $182.54. 3,461,388 shares of the company's stock were exchanged, compared to its average volume of 2,733,562. The company's fifty day moving average price is $191.52 and its 200-day moving average price is $176.81. The firm has a market capitalization of $69.61 billion, a PE ratio of 15.75, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to analysts' expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company's revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business earned $2.81 earnings per share. As a group, equities analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.31%. Capital One Financial's payout ratio is 20.71%.

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.