Aristotle Capital Management LLC Cuts Stake in Capital One Financial Co. (NYSE:COF)

Aristotle Capital Management LLC decreased its position in Capital One Financial Co. (NYSE:COF - Free Report) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,045,377 shares of the financial services provider's stock after selling 158,738 shares during the period. Capital One Financial makes up approximately 2.8% of Aristotle Capital Management LLC's holdings, making the stock its 5th biggest position. Aristotle Capital Management LLC owned 2.11% of Capital One Financial worth $1,434,652,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new position in Capital One Financial during the 4th quarter valued at about $590,279,000. Lone Pine Capital LLC bought a new position in Capital One Financial during the fourth quarter valued at approximately $577,012,000. Egerton Capital UK LLP purchased a new stake in Capital One Financial in the fourth quarter worth approximately $279,159,000. FMR LLC grew its position in Capital One Financial by 21.6% in 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 purchased a new stake in Capital One Financial during the 4th quarter valued at $227,662,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on COF. Citigroup lowered their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, March 24th. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a research note on Tuesday, March 25th. Wells Fargo & Company increased their price objective 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, Argus raised shares of Capital One Financial to a "strong-buy" rating in a report on Thursday, January 23rd. Four 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 stock. According to MarketBeat, Capital One Financial presently has an average rating of "Moderate Buy" and an average target price of $207.73.

Capital One Financial Price Performance

Capital One Financial stock traded down $1.93 during mid-day trading on Tuesday, reaching $185.97. 3,459,368 shares of the company's stock traded hands, compared to its average volume of 3,175,782. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. 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 50 day moving average of $173.68 and a two-hundred day moving average of $181.82. The company has a market cap of $70.94 billion, a price-to-earnings ratio of 16.05, a PEG ratio of 1.19 and a beta of 1.13.

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

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.29%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's payout ratio is 20.15%.

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.