Capital One Financial Co. (NYSE:COF) Shares Sold by Johnson Financial Group Inc.

Johnson Financial Group Inc. cut its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 17.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,639 shares of the financial services provider's stock after selling 3,894 shares during the period. Johnson Financial Group Inc.'s holdings in Capital One Financial were worth $3,324,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Coldstream Capital Management Inc. increased its holdings in Capital One Financial by 3.0% in the fourth quarter. Coldstream Capital Management Inc. now owns 7,457 shares of the financial services provider's stock valued at $1,330,000 after buying an additional 215 shares in the last quarter. Capital Analysts LLC increased its stake in shares of Capital One Financial by 55.0% during the 4th quarter. Capital Analysts LLC now owns 1,781 shares of the financial services provider's stock worth $318,000 after purchasing an additional 632 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of Capital One Financial by 2.5% during the 4th quarter. Integrated Wealth Concepts LLC now owns 24,292 shares of the financial services provider's stock worth $4,332,000 after purchasing an additional 602 shares in the last quarter. D1 Capital Partners L.P. purchased a new position in shares of Capital One Financial during the 4th quarter worth approximately $86,842,000. Finally, Coppell Advisory Solutions LLC increased its stake in shares of Capital One Financial by 246.2% during the 4th quarter. Coppell Advisory Solutions LLC now owns 315 shares of the financial services provider's stock worth $56,000 after purchasing an additional 224 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on COF shares. Bank of America raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Royal Bank of Canada set a $190.00 price objective on shares of Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Argus raised shares of Capital One Financial to a "strong-buy" rating in a research note on Thursday, January 23rd. 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. Finally, BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research note on Tuesday, March 25th. Four equities 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 MarketBeat, Capital One Financial has a consensus rating of "Moderate Buy" and a consensus target price of $207.73.

Capital One Financial Trading Up 0.7 %

Capital One Financial stock traded up $1.34 during midday trading on Thursday, reaching $181.60. The stock had a trading volume of 1,627,457 shares, compared to its average volume of 4,500,351. The stock has a market capitalization of $69.27 billion, a PE ratio of 15.67, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock's 50-day simple moving average is $174.36 and its 200 day simple moving average is $180.92. 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 announced 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%. Analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.32%. Capital One Financial's dividend payout ratio is presently 20.15%.

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.