Trexquant Investment LP Has $3.33 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

Trexquant Investment LP lowered its stake in Capital One Financial Co. (NYSE:COF) by 67.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,688 shares of the financial services provider’s stock after selling 38,845 shares during the quarter. Trexquant Investment LP’s holdings in Capital One Financial were worth $3,332,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of COF. Norges Bank bought a new stake in shares of Capital One Financial during the 4th quarter worth approximately $590,279,000. Egerton Capital UK LLP bought a new stake in Capital One Financial during the fourth quarter worth $279,159,000. International Assets Investment Management LLC bought a new stake in Capital One Financial during the fourth quarter worth $130,683,000. Wellington Management Group LLP lifted its stake in Capital One Financial by 268.7% in the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after acquiring an additional 710,881 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Capital One Financial during the 4th quarter worth about $115,091,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

COF opened at $150.19 on Monday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The firm has a market cap of $57.29 billion, a P/E ratio of 12.96, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. The business’s fifty day moving average is $187.92 and its 200-day moving average is $178.95.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data 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. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the prior year, the company posted $2.81 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is presently 20.71%.

Wall Street Analyst Weigh In

COF has been the subject of a number of research analyst reports. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $190.00 to $200.00 in a research note on Tuesday, March 11th. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Wells Fargo & Company lifted their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Finally, JPMorgan Chase & Co. increased their price objective 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. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $207.80.

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.