Capital One Financial Co. (NYSE:COF) Shares Sold by Dodge & Cox

Dodge & Cox reduced its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 7.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,284,997 shares of the financial services provider's stock after selling 1,377,295 shares during the period. Capital One Financial comprises 1.8% of Dodge & Cox's holdings, making the stock its 17th biggest position. Dodge & Cox owned about 4.53% of Capital One Financial worth $3,082,261,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in COF. Bfsg LLC purchased a new position in Capital One Financial in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Capital One Financial during the 4th quarter valued at about $27,000. TruNorth Capital Management LLC purchased a new position in shares of Capital One Financial in the 4th quarter valued at about $29,000. SBI Securities Co. Ltd. acquired a new position in Capital One Financial in the 4th quarter worth about $32,000. Finally, Decker Retirement Planning Inc. purchased a new position in Capital One Financial during the fourth quarter worth approximately $32,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. UBS Group upgraded Capital One Financial from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price objective for the company in a research report on Wednesday, March 12th. JPMorgan Chase & Co. dropped their target price on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Barclays upped their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 22nd. Finally, HSBC upgraded Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price objective on the stock in a report on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Capital One Financial has a consensus rating of "Moderate Buy" and a consensus price target of $206.07.

Capital One Financial Stock Up 1.7 %

Capital One Financial stock traded up $2.71 during trading on Friday, reaching $162.77. The stock had a trading volume of 2,338,807 shares, compared to its average volume of 3,058,849. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The business has a 50 day moving average price of $178.17 and a 200 day moving average price of $179.62. 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 $62.09 billion, a PE ratio of 14.04, a P/E/G ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping the consensus estimate of $2.78 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 $10.19 billion during the quarter, compared to analysts' expectations of $10.22 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. The firm's revenue was up 7.2% compared to the same quarter last year. On average, analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is currently 20.71%.

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.