AustralianSuper Pty Ltd Lowers Holdings in Capital One Financial Co. (NYSE:COF)

AustralianSuper Pty Ltd trimmed its stake in Capital One Financial Co. (NYSE:COF) by 17.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 879,499 shares of the financial services provider’s stock after selling 181,848 shares during the quarter. AustralianSuper Pty Ltd owned 0.23% of Capital One Financial worth $156,832,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of COF. CWM LLC increased its stake in Capital One Financial by 10.5% during the 3rd quarter. CWM LLC now owns 8,420 shares of the financial services provider’s stock valued at $1,261,000 after purchasing an additional 801 shares in the last quarter. Creative Planning grew its holdings in shares of Capital One Financial by 7.2% during the third quarter. Creative Planning now owns 52,492 shares of the financial services provider’s stock valued at $7,860,000 after buying an additional 3,507 shares during the last quarter. Swedbank AB increased its position in shares of Capital One Financial by 13.4% during the third quarter. Swedbank AB now owns 68,244 shares of the financial services provider’s stock valued at $10,218,000 after acquiring an additional 8,074 shares in the last quarter. Jamison Private Wealth Management Inc. bought a new position in Capital One Financial in the 3rd quarter valued at approximately $63,000. Finally, Vontobel Holding Ltd. boosted its stake in Capital One Financial by 3.6% during the 3rd quarter. Vontobel Holding Ltd. now owns 16,299 shares of the financial services provider’s stock valued at $2,440,000 after purchasing an additional 562 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Up 0.4 %

NYSE COF opened at $197.33 on Friday. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $208.63. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $75.23 billion, a P/E ratio of 17.03, a price-to-earnings-growth ratio of 1.26 and a beta of 1.47. The stock’s 50-day moving average price is $188.99 and its 200-day moving average price is $167.78.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion for 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% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.81 earnings per share. On average, equities research analysts predict that Capital One Financial Co. will post 15.41 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on COF. Robert W. Baird boosted their price target on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Wells Fargo & Company boosted their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Evercore ISI upped their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Finally, Royal Bank of Canada increased their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Nine analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $196.31.

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.