Sanctuary Advisors LLC Decreases Stock Holdings in Capital One Financial Co. (NYSE:COF)

Sanctuary Advisors LLC lowered its stake in Capital One Financial Co. (NYSE:COF) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 106,562 shares of the financial services provider’s stock after selling 2,474 shares during the quarter. Sanctuary Advisors LLC’s holdings in Capital One Financial were worth $19,002,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in COF. FMR LLC raised its position in shares of Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Capital One Financial in the fourth quarter valued at about $130,683,000. Wellington Management Group LLP raised its stake in Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after buying an additional 710,881 shares in the last quarter. Southpoint Capital Advisors LP bought a new position in Capital One Financial during the 3rd quarter worth approximately $104,811,000. Finally, KBC Group NV grew its position in shares of Capital One Financial by 282.2% in the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after acquiring an additional 460,339 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 2.5 %

Capital One Financial stock opened at $202.25 on Tuesday. The company’s 50-day moving average price is $189.51 and its two-hundred day moving average price is $168.58. The stock has a market cap of $77.10 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $208.63. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the business earned $2.81 earnings per share. On average, analysts expect that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.19%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on COF shares. Argus raised Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Bank of America cut shares of Capital One Financial from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $203.00 to $200.00 in a report on Monday, December 9th. Keefe, Bruyette & Woods lifted their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. lifted their target price on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $196.31.

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.