Azora Capital LP Sells 38,223 Shares of Capital One Financial Co. (NYSE:COF)

Azora Capital LP decreased its position in shares of Capital One Financial Co. (NYSE:COF) by 20.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 152,531 shares of the financial services provider's stock after selling 38,223 shares during the period. Capital One Financial makes up approximately 1.2% of Azora Capital LP's holdings, making the stock its 25th largest holding. Azora Capital LP's holdings in Capital One Financial were worth $27,199,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Capital One Financial in the fourth quarter worth approximately $590,279,000. Lone Pine Capital LLC bought a new stake in shares of Capital One Financial in the 4th quarter worth approximately $577,012,000. Egerton Capital UK LLP purchased a new stake in shares of Capital One Financial in the 4th quarter valued at $279,159,000. FMR LLC grew its holdings 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 valued at $1,440,449,000 after purchasing an additional 1,436,935 shares during the last quarter. Finally, Meritage Group LP purchased a new position in Capital One Financial in the 4th quarter worth $227,662,000. Institutional investors own 89.84% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on COF. JPMorgan Chase & Co. decreased their price objective on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Bank of America raised 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 research note on Wednesday, February 19th. Hsbc Global Res raised Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. HSBC raised shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price on the stock in a research note on Tuesday, January 14th. Finally, Royal Bank of Canada set a $190.00 price target on shares of Capital One Financial and gave the company a "sector perform" rating in a research report on Monday, April 14th. Four investment 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 data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $207.73.

Capital One Financial Price Performance

Shares of COF stock opened at $187.86 on Friday. The business's fifty day moving average is $173.85 and its 200 day moving average is $181.46. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market cap of $71.66 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. Research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

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

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.

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