New York State Common Retirement Fund Has $87.49 Million Stock Holdings in Capital One Financial Corporation (NYSE:COF)

New York State Common Retirement Fund decreased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 2.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 487,943 shares of the financial services provider's stock after selling 10,900 shares during the period. New York State Common Retirement Fund owned 0.13% of Capital One Financial worth $87,488,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Capital One Financial by 18.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 59,882 shares of the financial services provider's stock valued at $10,010,000 after purchasing an additional 9,374 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of Capital One Financial by 105.3% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 768 shares of the financial services provider's stock valued at $138,000 after purchasing an additional 394 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ bought a new stake in shares of Capital One Financial during the 4th quarter valued at about $91,780,000. Janney Montgomery Scott LLC boosted its position in shares of Capital One Financial by 9.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 98,617 shares of the financial services provider's stock valued at $17,682,000 after purchasing an additional 8,651 shares in the last quarter. Finally, Mutual Advisors LLC bought a new stake in shares of Capital One Financial during the 1st quarter valued at about $215,000. Institutional investors own 89.84% of the company's stock.

Capital One Financial Stock Down 0.4%

COF stock opened at $219.86 on Monday. The stock's 50 day moving average is $199.97 and its 200-day moving average is $189.06. The firm has a market capitalization of $84.24 billion, a PE ratio of 18.46, a P/E/G ratio of 0.92 and a beta of 1.15. Capital One Financial Corporation has a twelve month low of $128.23 and a twelve month high of $221.95. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 0.65.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, topping analysts' consensus estimates of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a return on equity of 9.63% and a net margin of 9.65%. Sell-side analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 23rd were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.09%. Capital One Financial's dividend payout ratio (DPR) is currently 20.15%.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction on Monday, May 12th. The stock was sold at an average price of $199.40, for a total transaction of $1,906,264.00. Following the sale, the insider directly owned 20,089 shares in the company, valued at approximately $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction on Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the sale, the director owned 56,244 shares in the company, valued at $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.26% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Barclays reiterated an "overweight" rating and issued a $253.00 price target (up previously from $212.00) on shares of Capital One Financial in a report on Monday, June 23rd. Royal Bank Of Canada set a $190.00 price target on Capital One Financial and gave the stock a "sector perform" rating in a report on Monday, April 14th. Bank of America increased their price target on Capital One Financial from $223.00 to $233.00 and gave the stock a "buy" rating in a report on Wednesday, May 21st. Citigroup cut their price target 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. Finally, Keefe, Bruyette & Woods increased their price target on Capital One Financial from $232.00 to $248.00 and gave the stock an "outperform" rating in a report on Wednesday, July 9th. Four investment 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 stock. According to data from MarketBeat.com, Capital One Financial has an average rating of "Moderate Buy" and an average target price of $222.07.

Capital One Financial Company 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.

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