AlphaQuest LLC Lowers Stake in Capital One Financial Co. (NYSE:COF)

AlphaQuest LLC lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 66.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,011 shares of the financial services provider’s stock after selling 10,068 shares during the quarter. AlphaQuest LLC’s holdings in Capital One Financial were worth $894,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. OFI Invest Asset Management purchased a new position in Capital One Financial in the 4th quarter worth $1,912,000. Personal CFO Solutions LLC raised its position in Capital One Financial by 18.3% in the 4th quarter. Personal CFO Solutions LLC now owns 4,163 shares of the financial services provider’s stock worth $742,000 after purchasing an additional 644 shares during the period. Amundi raised its position in Capital One Financial by 56.1% in the 4th quarter. Amundi now owns 967,733 shares of the financial services provider’s stock worth $174,327,000 after purchasing an additional 347,707 shares during the period. Dorsey & Whitney Trust CO LLC raised its position in Capital One Financial by 9.3% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 2,470 shares of the financial services provider’s stock worth $440,000 after purchasing an additional 211 shares during the period. Finally, Larson Financial Group LLC raised its position in Capital One Financial by 6.1% in the 4th quarter. Larson Financial Group LLC now owns 2,416 shares of the financial services provider’s stock worth $431,000 after purchasing an additional 138 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of a number of analyst reports. Keefe, Bruyette & Woods lifted their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Barclays lifted their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $202.27.

Capital One Financial Trading Down 5.5 %

Shares of COF opened at $163.62 on Tuesday. The firm’s 50-day moving average price is $193.21 and its 200-day moving average price is $174.92. The firm has a market capitalization of $62.39 billion, a price-to-earnings ratio of 14.12, a PEG ratio of 1.19 and a beta of 1.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67.

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, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.81 EPS. Sell-side analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current 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 given a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.47%. Capital One Financial’s dividend payout ratio (DPR) is currently 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.