Deutsche Bank AG Sells 257,096 Shares of Capital One Financial Co. (NYSE:COF)

Deutsche Bank AG cut its stake in Capital One Financial Co. (NYSE:COF) by 19.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,073,623 shares of the financial services provider’s stock after selling 257,096 shares during the quarter. Deutsche Bank AG’s holdings in Capital One Financial were worth $191,448,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Bfsg LLC purchased a new position in Capital One Financial during the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Capital One Financial in the 4th quarter worth about $27,000. TruNorth Capital Management LLC bought a new position in shares of Capital One Financial during the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial in the 4th quarter worth approximately $32,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial in the fourth quarter valued at approximately $32,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

COF stock opened at $187.68 on Friday. The firm has a 50 day moving average of $173.12 and a 200-day moving average of $182.32. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $71.60 billion, a P/E ratio of 16.19, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.31. The firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. As a group, sell-side analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.28%. Capital One Financial’s dividend payout ratio (DPR) is presently 20.15%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Baird R W upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 11th. Wells Fargo & Company raised their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the stock an “overweight” rating in a research note on Thursday, April 24th. Finally, Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the company from $207.00 to $235.00 in a research note on Wednesday, February 19th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $207.73.

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.