Prudential Financial Inc. Sells 47,352 Shares of Capital One Financial Co. (NYSE:COF)

Prudential Financial Inc. decreased its holdings in shares of Capital One Financial Co. (NYSE:COF) by 18.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,028 shares of the financial services provider’s stock after selling 47,352 shares during the period. Prudential Financial Inc.’s holdings in Capital One Financial were worth $36,739,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Bfsg LLC bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Capital One Financial during the 4th quarter valued at $27,000. TruNorth Capital Management LLC acquired a new stake in Capital One Financial in the fourth quarter worth $29,000. Decker Retirement Planning Inc. bought a new stake in Capital One Financial in the fourth quarter valued at $32,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Capital One Financial during the fourth quarter valued at about $32,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Up 0.9 %

Capital One Financial stock opened at $182.54 on Wednesday. The firm has a 50 day moving average price of $191.47 and a 200-day moving average price of $177.12. 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 Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The company has a market capitalization of $69.61 billion, a P/E ratio of 15.75, a P/E/G ratio of 1.19 and a beta of 1.47.

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

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on COF. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their target price for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. Finally, Barclays lifted their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $206.63.

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.