Capital One Financial Co. (NYSE:COF) Position Lessened by Comerica Bank

Comerica Bank trimmed its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 1.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 95,684 shares of the financial services provider's stock after selling 1,479 shares during the period. Comerica Bank's holdings in Capital One Financial were worth $17,062,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in Capital One Financial by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider's stock worth $5,660,736,000 after buying an additional 234,863 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Capital One Financial by 3.2% during the fourth quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider's stock worth $1,911,387,000 after purchasing an additional 331,595 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Capital One Financial by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider's stock worth $1,467,393,000 after purchasing an additional 207,427 shares during the period. FMR LLC increased its stake 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 valued at $1,440,449,000 after buying an additional 1,436,935 shares during the period. Finally, Northern Trust Corp grew its holdings in shares of Capital One Financial by 21.8% in the 4th quarter. Northern Trust Corp now owns 4,433,401 shares of the financial services provider's stock worth $790,564,000 after acquiring an additional 793,765 shares during the period. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded up $2.54 during trading on Wednesday, hitting $188.25. The stock had a trading volume of 1,550,208 shares, compared to its average volume of 3,169,624. The business has a fifty day moving average of $173.46 and a two-hundred day moving average of $181.85. The firm has a market cap of $71.81 billion, a P/E ratio of 16.22, a PEG ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. The firm had revenue of $10 billion during the quarter, compared to analysts' expectations 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 expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued 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 1.27%. Capital One Financial's payout ratio is presently 20.15%.

Analyst Ratings Changes

A number of brokerages have issued reports on COF. Bank of America upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $207.00 to $235.00 in a research report on Wednesday, February 19th. Argus upgraded Capital One Financial to a "strong-buy" rating in a research report on Thursday, January 23rd. Evercore ISI raised 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 note on Wednesday, March 12th. Royal Bank of Canada set a $190.00 price target on shares of Capital One Financial and gave the stock a "sector perform" rating in a research report on Monday, April 14th. Finally, Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price 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.