Capital One Financial Co. (NYSE:COF) Shares Sold by Global Retirement Partners LLC

Global Retirement Partners LLC cut its holdings in shares of Capital One Financial Co. (NYSE:COF) by 27.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,024 shares of the financial services provider’s stock after selling 780 shares during the period. Global Retirement Partners LLC’s holdings in Capital One Financial were worth $361,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. New York State Common Retirement Fund increased its holdings in Capital One Financial by 1.2% during the 4th quarter. New York State Common Retirement Fund now owns 498,843 shares of the financial services provider’s stock worth $88,954,000 after purchasing an additional 5,800 shares during the last quarter. Prossimo Advisors LLC increased its stake in shares of Capital One Financial by 2.5% in the fourth quarter. Prossimo Advisors LLC now owns 2,804 shares of the financial services provider’s stock worth $500,000 after buying an additional 69 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund raised its holdings in Capital One Financial by 80.6% in the fourth quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 20,417 shares of the financial services provider’s stock valued at $3,641,000 after acquiring an additional 9,111 shares in the last quarter. Bfsg LLC bought a new position in Capital One Financial during the 4th quarter valued at $27,000. Finally, Atria Wealth Solutions Inc. grew its holdings in Capital One Financial by 21.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 15,414 shares of the financial services provider’s stock worth $2,749,000 after acquiring an additional 2,726 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Barclays upped their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Keefe, Bruyette & Woods upped their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Evercore ISI lifted their target price on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. HSBC raised Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Trading Down 0.1 %

Shares of COF stock opened at $199.93 on Tuesday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The firm has a market capitalization of $76.24 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The stock has a fifty day moving average of $191.76 and a two-hundred day moving average of $171.47. 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 quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping 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 business had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the prior year, the company posted $2.81 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. As a group, research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.20%. Capital One Financial’s dividend payout ratio is presently 20.71%.

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.