Deutsche Bank AG trimmed its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 19.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,073,623 shares of the financial services provider's stock after selling 257,096 shares during the quarter. Deutsche Bank AG owned approximately 0.28% of Capital One Financial worth $191,448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently made changes to their positions in COF. Vanguard Group Inc. increased its holdings in Capital One Financial by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider's stock worth $5,660,736,000 after purchasing an additional 234,863 shares in the last quarter. Franklin Resources Inc. increased its holdings in Capital One Financial by 3.2% in 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 in the last quarter. Geode Capital Management LLC increased its holdings in Capital One Financial by 2.6% in 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 in the last quarter. FMR LLC increased its holdings in Capital One Financial by 21.6% in the fourth 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 in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Capital One Financial by 21.8% during the fourth quarter. Northern Trust Corp now owns 4,433,401 shares of the financial services provider's stock valued at $790,564,000 after acquiring an additional 793,765 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.
Capital One Financial Price Performance
NYSE:COF traded down $1.40 during trading hours on Thursday, hitting $195.85. 4,507,784 shares of the stock were exchanged, compared to its average volume of 3,272,357. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm's fifty day moving average price is $174.37 and its 200 day moving average price is $183.21. The company has a market cap of $75.04 billion, a P/E ratio of 16.86, a P/E/G ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. The firm had revenue of $10 billion for the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. As a group, equities research analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.
Capital One Financial Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Friday, May 23rd. Capital One Financial's dividend payout ratio (DPR) is currently 20.15%.
Insider Transactions at Capital One Financial
In other news, Director Ann F. Hackett sold 1,658 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the sale, the director now owns 56,244 shares of the company's stock, valued at $11,175,682.80. The trade was a 2.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $199.40, for a total value of $1,906,264.00. Following the completion of the sale, the insider now directly owns 20,089 shares in the company, valued at approximately $4,005,746.60. The trade was a 32.24% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.26% of the company's stock.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the company. Barclays boosted their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, January 22nd. Wells Fargo & Company boosted their price objective on Capital One Financial from $210.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Robert W. Baird raised Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price objective for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. Evercore ISI upgraded Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price on the stock in a research note on Wednesday, March 12th. Finally, BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective on the stock 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 given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $207.73.
View Our Latest Analysis on Capital One Financial
About Capital One Financial
(
Free Report)
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.
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