Aviva PLC Lowers Holdings in Capital One Financial Co. (NYSE:COF)

Aviva PLC decreased its stake in shares of Capital One Financial Co. (NYSE:COF) by 13.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,607 shares of the financial services provider’s stock after selling 9,135 shares during the quarter. Aviva PLC’s holdings in Capital One Financial were worth $20,128,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. SVB Wealth LLC raised its stake in Capital One Financial by 13.1% during the third quarter. SVB Wealth LLC now owns 15,439 shares of the financial services provider’s stock valued at $1,423,000 after buying an additional 1,791 shares during the last quarter. Sigma Planning Corp increased its holdings in shares of Capital One Financial by 124.5% in the 3rd quarter. Sigma Planning Corp now owns 5,797 shares of the financial services provider’s stock worth $534,000 after purchasing an additional 3,215 shares in the last quarter. Moors & Cabot Inc. increased its holdings in shares of Capital One Financial by 17.2% in the 3rd quarter. Moors & Cabot Inc. now owns 4,179 shares of the financial services provider’s stock worth $385,000 after purchasing an additional 613 shares in the last quarter. CI Investments Inc. increased its holdings in shares of Capital One Financial by 1.0% in the 4th quarter. CI Investments Inc. now owns 55,565 shares of the financial services provider’s stock worth $5,165,000 after purchasing an additional 546 shares in the last quarter. Finally, Fulton Bank N.A. increased its holdings in shares of Capital One Financial by 14.0% in the 4th quarter. Fulton Bank N.A. now owns 21,035 shares of the financial services provider’s stock worth $1,955,000 after purchasing an additional 2,579 shares in the last quarter. Hedge funds and other institutional investors own 88.30% of the company’s stock.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $99.92 on Friday. The stock’s 50-day simple moving average is $93.93 and its 200-day simple moving average is $99.98. Capital One Financial Co. has a 52 week low of $83.93 and a 52 week high of $128.95. The company has a market capitalization of $38.15 billion, a price-to-earnings ratio of 6.89, a PEG ratio of 1.33 and a beta of 1.47. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.88.

Capital One Financial (NYSE:COF – Get Rating) last announced its quarterly earnings data on Thursday, April 27th. The financial services provider reported $2.31 EPS for the quarter, missing the consensus estimate of $3.80 by ($1.49). Capital One Financial had a net margin of 14.33% and a return on equity of 10.90%. The business had revenue of $8.90 billion during the quarter, compared to analysts’ expectations of $9.07 billion. During the same quarter in the previous year, the firm earned $5.62 earnings per share. Capital One Financial’s revenue was up 8.9% on a year-over-year basis. As a group, analysts expect that Capital One Financial Co. will post 12.3 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 26th. Stockholders of record on Monday, May 15th will be given a $0.60 dividend. The ex-dividend date of this dividend is Friday, May 12th. This represents a $2.40 annualized dividend and a dividend yield of 2.40%. Capital One Financial’s payout ratio is 16.55%.

Wall Street Analyst Weigh In

A number of analysts have commented on COF shares. Credit Suisse Group reduced their target price on Capital One Financial from $112.00 to $108.00 in a report on Friday, April 28th. Bank of America cut their price objective on Capital One Financial from $122.00 to $120.00 and set a “neutral” rating for the company in a report on Tuesday, April 11th. TheStreet raised Capital One Financial from a “c+” rating to a “b-” rating in a report on Friday, January 27th. Citigroup cut their price objective on Capital One Financial from $126.00 to $119.00 in a report on Friday, April 28th. Finally, StockNews.com assumed coverage on Capital One Financial in a report on Thursday, May 18th. They issued a “hold” rating for the company. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $114.78.

About Capital One Financial

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Capital One Financial Corp. operates as a financial holding company. The firm engages in the provision of financial products and services. It operates through the following segments: Credit Card, Consumer Banking and Commercial Banking. The Credit Card segment includes domestic consumer and small business card lending, and international card lending businesses.