Corient Private Wealth LLC Decreases Stake in Capital One Financial Co. (NYSE:COF)

Corient Private Wealth LLC decreased its stake in shares of Capital One Financial Co. (NYSE:COF) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 82,964 shares of the financial services provider’s stock after selling 498 shares during the period. Corient Private Wealth LLC’s holdings in Capital One Financial were worth $14,791,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of COF. Egerton Capital UK LLP bought a new position in shares of Capital One Financial during the fourth quarter worth about $279,159,000. FMR LLC lifted 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 last quarter. International Assets Investment Management LLC bought a new position in shares of Capital One Financial during the fourth quarter worth about $130,683,000. Wellington Management Group LLP lifted its position in shares of Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after purchasing an additional 710,881 shares during the last quarter. Finally, Southpoint Capital Advisors LP bought a new position in shares of Capital One Financial during the third quarter worth about $104,811,000. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of several research reports. Barclays increased their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Baird R W upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Finally, Evercore ISI upgraded shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price objective on the stock in a research note on Wednesday, March 12th. Five equities research 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $206.67.

Capital One Financial Trading Up 2.3 %

Shares of COF stock opened at $172.72 on Thursday. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The company has a market capitalization of $65.86 billion, a P/E ratio of 14.90, a P/E/G ratio of 1.19 and a beta of 1.47. The firm has a 50-day moving average price of $191.61 and a 200 day moving average price of $175.91. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last announced its earnings results 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 company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the previous year, the firm posted $2.81 earnings per share. The company’s revenue was up 7.2% on a year-over-year basis. Research analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm 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. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 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.