Teacher Retirement System of Texas Sells 35,564 Shares of Capital One Financial Co. (NYSE:COF)

Teacher Retirement System of Texas trimmed its position in shares of Capital One Financial Co. (NYSE:COF) by 61.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in COF. Royal London Asset Management Ltd. grew its stake in shares of Capital One Financial by 5.0% during the fourth quarter. Royal London Asset Management Ltd. now owns 160,514 shares of the financial services provider’s stock valued at $28,623,000 after buying an additional 7,581 shares during the last quarter. Harvest Fund Management Co. Ltd boosted its holdings in Capital One Financial by 102.0% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 7,107 shares of the financial services provider’s stock valued at $1,268,000 after acquiring an additional 3,588 shares during the period. Vinva Investment Management Ltd grew its position in Capital One Financial by 18.5% in the 4th quarter. Vinva Investment Management Ltd now owns 26,597 shares of the financial services provider’s stock valued at $4,732,000 after acquiring an additional 4,160 shares during the last quarter. Xponance Inc. increased its stake in Capital One Financial by 2.0% in the fourth quarter. Xponance Inc. now owns 63,094 shares of the financial services provider’s stock worth $11,251,000 after purchasing an additional 1,224 shares during the period. Finally, Intech Investment Management LLC lifted its position in shares of Capital One Financial by 274.6% during the fourth quarter. Intech Investment Management LLC now owns 6,215 shares of the financial services provider’s stock worth $1,108,000 after purchasing an additional 4,556 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

Shares of COF opened at $181.29 on Tuesday. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67. The stock has a fifty day moving average price of $191.52 and a 200-day moving average price of $176.81. 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 firm has a market cap of $69.13 billion, a PE ratio of 15.64, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the firm posted $2.81 EPS. Capital One Financial’s revenue was up 7.2% on a year-over-year basis. Equities research analysts predict that Capital One Financial Co. will post 15.65 earnings per share 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. Investors of record on Tuesday, February 18th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Analysts Set New Price Targets

COF has been the topic of a number of research analyst reports. Citigroup cut their price target on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a report on Monday. Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Truist Financial reduced their price objective on Capital One Financial from $257.00 to $215.00 and set a “buy” rating on the stock in a report on Friday. Finally, Argus upgraded Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $206.53.

Capital One Financial 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.