Dana Investment Advisors Inc. Trims Holdings in Capital One Financial Co. (NYSE:COF)

Dana Investment Advisors Inc. lowered its holdings in Capital One Financial Co. (NYSE:COF) by 10.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,820 shares of the financial services provider’s stock after selling 2,179 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Capital One Financial were worth $3,178,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Arizona State Retirement System raised its position in Capital One Financial by 0.3% in the fourth quarter. Arizona State Retirement System now owns 109,835 shares of the financial services provider’s stock valued at $19,586,000 after purchasing an additional 329 shares during the period. New Covenant Trust Company N.A. purchased a new stake in Capital One Financial in the fourth quarter valued at $202,000. Proficio Capital Partners LLC raised its position in Capital One Financial by 27.0% in the fourth quarter. Proficio Capital Partners LLC now owns 2,556 shares of the financial services provider’s stock valued at $456,000 after purchasing an additional 544 shares during the period. Atria Investments Inc raised its position in Capital One Financial by 5.9% in the fourth quarter. Atria Investments Inc now owns 43,457 shares of the financial services provider’s stock valued at $7,749,000 after purchasing an additional 2,412 shares during the period. Finally, Assetmark Inc. raised its position in Capital One Financial by 53.4% in the fourth quarter. Assetmark Inc. now owns 63,819 shares of the financial services provider’s stock valued at $11,380,000 after purchasing an additional 22,203 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of research analyst reports. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday, January 14th. 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 research note on Monday, January 13th. Royal Bank of Canada lifted their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. The Goldman Sachs Group lifted their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Finally, JPMorgan Chase & Co. lifted their price objective 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. Seven analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus target price of $202.27.

Capital One Financial Trading Down 1.8 %

COF opened at $173.00 on Friday. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a market cap of $65.97 billion, a P/E ratio of 14.93, a PEG ratio of 1.19 and a beta of 1.47. 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 business’s 50-day simple moving average is $193.50 and its 200-day simple moving average is $174.27.

Capital One Financial (NYSE:COF) last released 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. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the business posted $2.81 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, equities research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.39%. Capital One Financial’s dividend payout ratio is presently 20.71%.

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.