Capital One Financial Co. (NYSE:COF) Shares Sold by Kanawha Capital Management LLC

Kanawha Capital Management LLC lessened its holdings in shares of Capital One Financial Co. (NYSE:COF) by 0.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 39,080 shares of the financial services provider’s stock after selling 245 shares during the quarter. Kanawha Capital Management LLC’s holdings in Capital One Financial were worth $6,969,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. State Street Corp boosted its position in Capital One Financial by 0.5% during the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after acquiring an additional 74,784 shares during the period. Franklin Resources Inc. raised its stake in shares of Capital One Financial by 2.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock worth $1,649,488,000 after buying an additional 280,462 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of Capital One Financial by 0.7% in the 3rd quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock worth $1,451,527,000 after buying an additional 72,097 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Capital One Financial by 2.0% during the third quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock worth $1,198,664,000 after purchasing an additional 159,616 shares during the period. Finally, FMR LLC raised its position in shares of Capital One Financial by 21.4% during the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after purchasing an additional 1,169,395 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on COF. Royal Bank of Canada boosted their target price on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods boosted their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Robert W. Baird upped their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Evercore ISI upped their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Finally, Barclays upped their price target on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Nine analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $196.31.

Capital One Financial Trading Up 0.4 %

Shares of COF opened at $197.33 on Friday. The stock has a market cap of $75.23 billion, a PE ratio of 17.03, a PEG ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $208.63. The stock has a 50 day simple moving average of $188.99 and a 200-day simple moving average of $167.78. 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 released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping 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 return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior year, the company earned $2.81 EPS. On average, sell-side analysts predict that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given 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 yield of 1.22%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Capital One Financial Company 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.