Sei Investments Co. Sells 6,086 Shares of Capital One Financial Co. (NYSE:COF)

Sei Investments Co. cut its stake in Capital One Financial Co. (NYSE:COF) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 736,905 shares of the financial services provider’s stock after selling 6,086 shares during the period. Sei Investments Co.’s holdings in Capital One Financial were worth $131,404,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Mizuho Securities USA LLC raised its holdings in shares of Capital One Financial by 46.0% in the 4th quarter. Mizuho Securities USA LLC now owns 36,158 shares of the financial services provider’s stock worth $6,448,000 after buying an additional 11,397 shares in the last quarter. iA Global Asset Management Inc. acquired a new position in shares of Capital One Financial in the 4th quarter worth approximately $814,000. Royal London Asset Management Ltd. raised its holdings in shares of Capital One Financial by 5.0% in the 4th quarter. Royal London Asset Management Ltd. now owns 160,514 shares of the financial services provider’s stock worth $28,623,000 after buying an additional 7,581 shares in the last quarter. Harvest Fund Management Co. Ltd raised its holdings in shares of Capital One Financial by 102.0% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 7,107 shares of the financial services provider’s stock worth $1,268,000 after buying an additional 3,588 shares in the last quarter. Finally, Vinva Investment Management Ltd raised its holdings in shares of Capital One Financial by 18.5% in the 4th quarter. Vinva Investment Management Ltd now owns 26,597 shares of the financial services provider’s stock worth $4,732,000 after buying an additional 4,160 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Stock Up 0.2 %

Shares of COF opened at $174.79 on Friday. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market capitalization of $66.65 billion, a price-to-earnings ratio of 15.08, a PEG ratio of 1.19 and a beta of 1.47. The business’s fifty day moving average price is $191.50 and its two-hundred day moving average price is $176.09.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the company earned $2.81 EPS. The firm’s revenue was up 7.2% on a year-over-year basis. On average, analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.37%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on COF. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and raised their price target for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Keefe, Bruyette & Woods raised their price target on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Finally, Wells Fargo & Company raised their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $203.87.

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.