DekaBank Deutsche Girozentrale Decreases Stake in Capital One Financial Co. (NYSE:COF)

DekaBank Deutsche Girozentrale reduced its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 15.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 81,423 shares of the financial services provider's stock after selling 15,351 shares during the quarter. DekaBank Deutsche Girozentrale's holdings in Capital One Financial were worth $10,704,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Quent Capital LLC lifted its position in Capital One Financial by 4.9% during the 4th quarter. Quent Capital LLC now owns 1,819 shares of the financial services provider's stock worth $239,000 after buying an additional 85 shares in the last quarter. Webster Bank N. A. raised its holdings in shares of Capital One Financial by 0.4% in the 3rd quarter. Webster Bank N. A. now owns 27,564 shares of the financial services provider's stock valued at $2,675,000 after purchasing an additional 103 shares during the period. 626 Financial LLC raised its holdings in shares of Capital One Financial by 4.2% in the 4th quarter. 626 Financial LLC now owns 2,591 shares of the financial services provider's stock valued at $340,000 after purchasing an additional 105 shares during the period. HB Wealth Management LLC raised its holdings in shares of Capital One Financial by 0.8% in the 4th quarter. HB Wealth Management LLC now owns 13,485 shares of the financial services provider's stock valued at $1,768,000 after purchasing an additional 106 shares during the period. Finally, Jacobi Capital Management LLC raised its holdings in shares of Capital One Financial by 4.0% in the 3rd quarter. Jacobi Capital Management LLC now owns 2,759 shares of the financial services provider's stock valued at $268,000 after purchasing an additional 107 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on COF shares. Piper Sandler upped their target price on shares of Capital One Financial from $126.00 to $142.00 and gave the company a "neutral" rating in a report on Friday, February 23rd. The Goldman Sachs Group upped their target price on shares of Capital One Financial from $125.00 to $140.00 and gave the company a "buy" rating in a report on Monday, December 18th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Capital One Financial in a report on Wednesday, January 10th. They issued a "hold" rating and a $153.00 target price on the stock. Barclays upped their price target on shares of Capital One Financial from $114.00 to $154.00 and gave the company an "equal weight" rating in a research note on Tuesday, January 2nd. Finally, Keefe, Bruyette & Woods reiterated an "outperform" rating and issued a $159.00 price target on shares of Capital One Financial in a research note on Wednesday, March 27th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $137.05.

Capital One Financial Trading Down 2.5 %

Shares of Capital One Financial stock traded down $3.58 during trading on Wednesday, reaching $139.94. The company's stock had a trading volume of 3,041,253 shares, compared to its average volume of 2,705,557. The company has a market cap of $53.23 billion, a price-to-earnings ratio of 11.71, a PEG ratio of 1.03 and a beta of 1.48. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.85. The firm's 50-day moving average is $138.71 and its two-hundred day moving average is $122.16. Capital One Financial Co. has a 52-week low of $83.93 and a 52-week high of $149.27.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The firm had revenue of $9.51 billion for the quarter, compared to analysts' expectations of $9.45 billion. On average, sell-side analysts anticipate that Capital One Financial Co. will post 13.87 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were paid a $0.60 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.72%. Capital One Financial's dividend payout ratio is presently 20.08%.

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.