Capital One Financial Co. (NYSE:COF) Shares Sold by Abrams Bison Investments LLC

Abrams Bison Investments LLC lowered its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 558,000 shares of the financial services provider's stock after selling 19,000 shares during the quarter. Capital One Financial accounts for 10.2% of Abrams Bison Investments LLC's portfolio, making the stock its 5th biggest holding. Abrams Bison Investments LLC owned about 0.15% of Capital One Financial worth $99,503,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of COF. Norden Group LLC raised its holdings in shares of Capital One Financial by 2.6% in the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock valued at $358,000 after purchasing an additional 51 shares in the last quarter. Catalyst Financial Partners LLC increased its position in Capital One Financial by 3.9% during the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock valued at $255,000 after buying an additional 54 shares in the last quarter. Quadrant Capital Group LLC raised its stake in Capital One Financial by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock valued at $936,000 after buying an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its holdings in Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock worth $317,000 after acquiring an additional 56 shares in the last quarter. Finally, TFB Advisors LLC grew its stake in shares of Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock worth $265,000 after acquiring an additional 59 shares during the last quarter. Institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Up 0.2 %

Shares of Capital One Financial stock traded up $0.30 during trading hours on Thursday, reaching $180.56. 3,231,667 shares of the company were exchanged, compared to its average volume of 3,146,884. The firm has a market cap of $68.88 billion, a PE ratio of 15.58, a PEG ratio of 1.19 and a beta of 1.24. The stock's fifty day moving average is $174.36 and its 200 day moving average is $180.92. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. 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 (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. As a group, equities research analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.33%. Capital One Financial's payout ratio is currently 20.15%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on COF shares. JPMorgan Chase & Co. decreased their target price on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Bank of America upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and upped their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Truist Financial upped their price objective on Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research report on Friday, April 25th. Finally, Wells Fargo & Company lifted their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Capital One Financial has an average rating of "Moderate Buy" and a consensus target price of $207.73.

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.