California State Teachers Retirement System Sells 19,142 Shares of Capital One Financial Co. (NYSE:COF)

California State Teachers Retirement System cut its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 503,388 shares of the financial services provider's stock after selling 19,142 shares during the period. California State Teachers Retirement System owned about 0.13% of Capital One Financial worth $89,764,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of COF. Barclays PLC raised its stake in Capital One Financial by 2.9% during the 3rd quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider's stock worth $156,058,000 after acquiring an additional 29,416 shares during the period. Stock Yards Bank & Trust Co. lifted its stake in shares of Capital One Financial by 4.1% during the 3rd quarter. Stock Yards Bank & Trust Co. now owns 2,130 shares of the financial services provider's stock valued at $319,000 after buying an additional 83 shares in the last quarter. Arvest Bank Trust Division purchased a new stake in Capital One Financial in the 3rd quarter worth $8,310,000. Wilmington Savings Fund Society FSB bought a new stake in Capital One Financial during the third quarter valued at about $619,000. Finally, Destination Wealth Management lifted its position in shares of Capital One Financial by 0.6% in the third quarter. Destination Wealth Management now owns 149,405 shares of the financial services provider's stock valued at $22,370,000 after acquiring an additional 876 shares in the last quarter. Institutional investors own 89.84% of the company's stock.

Capital One Financial Trading Up 4.2 %

NYSE:COF traded up $7.64 during midday trading on Friday, hitting $187.86. 4,694,490 shares of the company traded hands, compared to its average volume of 3,162,041. The firm has a market capitalization of $71.66 billion, a P/E ratio of 16.21, a P/E/G ratio of 1.19 and a beta of 1.24. The firm's fifty day moving average is $173.97 and its 200-day moving average is $181.09. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF - Get Free Report) last released its 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. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. On average, sell-side analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend 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 20.15%.

Wall Street Analyst Weigh In

Several analysts recently issued reports 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 on the stock in a research note on Tuesday, April 8th. Citigroup reduced their price objective 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. BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price for the company in a research report on Tuesday, March 25th. UBS Group upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and lifted their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Finally, Baird R W raised shares of Capital One Financial from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 11th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.