Capital One Financial Co. (NYSE:COF) Shares Sold by Vestcor Inc

Vestcor Inc reduced its position in shares of Capital One Financial Co. (NYSE:COF) by 9.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,834 shares of the financial services provider’s stock after selling 736 shares during the period. Vestcor Inc’s holdings in Capital One Financial were worth $1,219,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bfsg LLC acquired a new position in shares of Capital One Financial in the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in Capital One Financial in the fourth quarter worth approximately $27,000. TruNorth Capital Management LLC bought a new position in shares of Capital One Financial in the fourth quarter valued at $29,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the 4th quarter valued at $32,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Capital One Financial during the 4th quarter worth $32,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Trading Up 3.6 %

Shares of NYSE COF opened at $172.06 on Friday. The business has a 50 day simple moving average of $192.37 and a 200 day simple moving average of $175.42. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The stock has a market cap of $65.61 billion, a price-to-earnings ratio of 14.85, 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.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.81 earnings per share. On average, research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target for the company in a research report on Tuesday, January 14th. Evercore ISI raised shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a research report on Wednesday. Wells Fargo & Company upped their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Bank of America upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Finally, Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Five 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. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $206.67.

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.