Capital One Financial Co. (NYSE:COF) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System cut its holdings in shares of Capital One Financial Co. (NYSE:COF) by 10.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 365,907 shares of the financial services provider’s stock after selling 41,870 shares during the period. New York State Teachers Retirement System’s holdings in Capital One Financial were worth $65,249,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial during the fourth quarter valued at $32,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the third quarter valued at $36,000. Creative Financial Designs Inc. ADV grew its holdings in shares of Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares during the last quarter. Eastern Bank purchased a new stake in shares of Capital One Financial during the third quarter valued at $44,000. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Capital One Financial during the third quarter valued at $47,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Trading Up 2.5 %

Shares of Capital One Financial stock opened at $202.25 on Friday. The firm has a 50-day simple moving average of $189.22 and a two-hundred day simple moving average of $167.98. The company has a market cap of $77.10 billion, a P/E ratio of 17.45, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $208.63. 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 issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm posted $2.81 earnings per share. The company’s revenue was up 7.2% compared to the same quarter last year. As a group, equities analysts predict that Capital One Financial Co. will post 15.41 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business 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 annualized dividend and a dividend yield of 1.19%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.71%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a report on Tuesday, January 14th. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Royal Bank of Canada upped their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Finally, JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $196.31.

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.