Ariel Investments LLC Has $49.20 Million Stock Position in Capital One Financial Co. (NYSE:COF)

Ariel Investments LLC decreased its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 11.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 275,884 shares of the financial services provider's stock after selling 37,218 shares during the quarter. Ariel Investments LLC owned about 0.07% of Capital One Financial worth $49,196,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of COF. Norges Bank acquired a new stake in Capital One Financial during the 4th quarter worth approximately $590,279,000. Lone Pine Capital LLC acquired a new position in Capital One Financial during the 4th quarter worth approximately $577,012,000. Egerton Capital UK LLP acquired a new position in Capital One Financial during the fourth quarter worth $279,159,000. FMR LLC grew its stake in shares of Capital One Financial by 21.6% during the 4th quarter. FMR LLC now owns 8,077,886 shares of the financial services provider's stock worth $1,440,449,000 after purchasing an additional 1,436,935 shares during the period. Finally, Meritage Group LP acquired a new stake in shares of Capital One Financial during the 4th quarter valued at approximately $227,662,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Stock Up 0.6 %

COF traded up $1.14 during trading hours on Wednesday, reaching $186.85. 4,723,825 shares of the stock traded hands, compared to its average volume of 3,181,948. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The company has a market cap of $71.28 billion, a price-to-earnings ratio of 16.12, a PEG ratio of 1.19 and a beta of 1.13. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm's fifty day simple moving average is $173.46 and its two-hundred day simple moving average is $181.85.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. As a group, analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.28%. Capital One Financial's dividend payout ratio is currently 20.15%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on COF shares. Hsbc Global Res raised shares of Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. Argus upgraded Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. Baird R W raised Capital One Financial from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and upped their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Finally, Citigroup decreased their target price on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research report on Monday, March 24th. Four 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, Capital One Financial has a consensus rating of "Moderate Buy" and an average price target of $207.73.

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.