Capital One Financial Co. (NYSE:COF) Shares Sold by Johnson Financial Group Inc.

Johnson Financial Group Inc. lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 17.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,639 shares of the financial services provider’s stock after selling 3,894 shares during the quarter. Johnson Financial Group Inc.’s holdings in Capital One Financial were worth $3,324,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Norden Group LLC grew its holdings in Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock worth $358,000 after acquiring an additional 51 shares in the last quarter. Catalyst Financial Partners LLC lifted its position in shares of Capital One Financial by 3.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after purchasing an additional 54 shares during the last quarter. Quadrant Capital Group LLC grew its stake in Capital One Financial by 1.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider’s stock worth $936,000 after purchasing an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC increased its holdings in Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after buying an additional 56 shares during the last quarter. Finally, TFB Advisors LLC raised its stake in Capital One Financial by 4.1% during the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock valued at $265,000 after buying an additional 59 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

COF stock opened at $182.83 on Friday. The company has a 50-day simple moving average of $175.76 and a 200 day simple moving average of $180.32. The company has a market capitalization of $69.75 billion, a P/E ratio of 15.77, a PEG ratio of 1.19 and a beta of 1.24. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67.

Capital One Financial (NYSE:COF) last issued its quarterly 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. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. Sell-side analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is presently 20.15%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on COF. Bank of America upgraded 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. Royal Bank of Canada set a $190.00 target price on shares of Capital One Financial and gave the company a “sector perform” rating in a research note on Monday, April 14th. Barclays increased their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target for the company in a report on Tuesday, March 25th. Finally, Truist Financial increased their price objective on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $207.73.

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.