New York State Common Retirement Fund Sells 47,014 Shares of Capital One Financial Co. (NYSE:COF)

New York State Common Retirement Fund decreased its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 581,024 shares of the financial services provider's stock after selling 47,014 shares during the quarter. New York State Common Retirement Fund owned 0.15% of Capital One Financial worth $76,184,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Householder Group Estate & Retirement Specialist LLC grew its holdings in shares of Capital One Financial by 1,658.3% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider's stock worth $27,000 after purchasing an additional 199 shares during the last quarter. Bartlett & Co. LLC grew its holdings in Capital One Financial by 726.7% during the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider's stock worth $33,000 after acquiring an additional 218 shares during the last quarter. Sound Income Strategies LLC grew its holdings in Capital One Financial by 109.4% during the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider's stock worth $35,000 after acquiring an additional 139 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in Capital One Financial by 66.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider's stock worth $38,000 after acquiring an additional 157 shares during the last quarter. Finally, MV Capital Management Inc. grew its holdings in Capital One Financial by 43.9% during the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider's stock worth $45,000 after acquiring an additional 105 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Stock Up 0.6 %

COF stock traded up $0.90 during mid-day trading on Wednesday, hitting $148.80. 3,961,619 shares of the company were exchanged, compared to its average volume of 2,697,097. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $56.60 billion, a P/E ratio of 12.43, a P/E/G ratio of 1.06 and a beta of 1.48. The firm's 50 day simple moving average is $139.82 and its 200 day simple moving average is $125.28. Capital One Financial Co. has a 1-year low of $83.93 and a 1-year high of $149.94.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing the consensus estimate of $2.50 by ($0.26). The company had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. On average, sell-side analysts predict that Capital One Financial Co. will post 13.84 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, February 9th. This represents a $2.40 annualized dividend and a yield of 1.61%. Capital One Financial's dividend payout ratio (DPR) is currently 20.08%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on COF. Royal Bank of Canada increased their price objective on shares of Capital One Financial from $142.00 to $150.00 and gave the stock a "sector perform" rating in a report on Wednesday, February 21st. Robert W. Baird lowered shares of Capital One Financial from an "outperform" rating to a "neutral" rating and decreased their price objective for the stock from $150.00 to $145.00 in a report on Monday, January 8th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Capital One Financial in a research note on Wednesday, January 10th. They issued a "hold" rating and a $153.00 target price on the stock. Evercore ISI raised their target price on shares of Capital One Financial from $142.00 to $155.00 and gave the company an "in-line" rating in a research note on Thursday, March 28th. Finally, Piper Sandler raised their target price on shares of Capital One Financial from $126.00 to $142.00 and gave the company a "neutral" rating in a research note on Friday, February 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $137.05.

About Capital One Financial

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.