Capital One Financial Co. (NYSE:COF) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its stake in Capital One Financial Co. (NYSE:COF) by 76.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,453 shares of the financial services provider’s stock after selling 52,254 shares during the period. SG Americas Securities LLC’s holdings in Capital One Financial were worth $2,157,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of COF. State Street Corp lifted its position in shares of Capital One Financial by 1.0% in the second quarter. State Street Corp now owns 16,255,490 shares of the financial services provider’s stock worth $1,777,863,000 after buying an additional 161,609 shares during the last quarter. Berkshire Hathaway Inc raised its stake in Capital One Financial by 25.7% during the second quarter. Berkshire Hathaway Inc now owns 12,471,030 shares of the financial services provider’s stock worth $1,363,957,000 after acquiring an additional 2,549,030 shares in the last quarter. Pzena Investment Management LLC lifted its holdings in shares of Capital One Financial by 8.3% during the third quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock valued at $740,199,000 after acquiring an additional 585,797 shares during the period. Geode Capital Management LLC raised its position in Capital One Financial by 1.2% in the 1st quarter. Geode Capital Management LLC now owns 6,838,226 shares of the financial services provider’s stock valued at $656,327,000 after purchasing an additional 78,994 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Capital One Financial by 1.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 5,413,955 shares of the financial services provider’s stock worth $710,798,000 after purchasing an additional 95,770 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Citigroup boosted their price objective on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $159.00 price objective on shares of Capital One Financial in a report on Wednesday. Royal Bank of Canada lifted their target price on shares of Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 21st. The Goldman Sachs Group increased their price target on Capital One Financial from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, December 18th. Finally, Morgan Stanley raised Capital One Financial from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $87.00 to $120.00 in a research note on Wednesday, December 13th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Capital One Financial presently has a consensus rating of “Hold” and an average price target of $130.90.

Capital One Financial Price Performance

Shares of NYSE COF opened at $144.57 on Thursday. The company has a fifty day moving average price of $136.00 and a 200 day moving average price of $118.94. The firm has a market cap of $54.99 billion, a PE ratio of 12.10, a PEG ratio of 1.21 and a beta of 1.47. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. Capital One Financial Co. has a 1-year low of $83.93 and a 1-year high of $144.57.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($0.26). Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. The firm had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.45 billion. Research analysts predict that Capital One Financial Co. will post 13.82 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.66%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.08%.

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.