Jump Financial LLC Sells 56,024 Shares of Capital One Financial Co. (NYSE:COF)

Jump Financial LLC lessened its holdings in shares of Capital One Financial Co. (NYSE:COF) by 96.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,798 shares of the financial services provider’s stock after selling 56,024 shares during the period. Jump Financial LLC’s holdings in Capital One Financial were worth $321,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of COF. Principal Financial Group Inc. grew its holdings in Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after purchasing an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Capital One Financial by 4.5% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock worth $8,234,000 after purchasing an additional 2,006 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Capital One Financial by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider’s stock worth $1,467,393,000 after buying an additional 207,427 shares during the last quarter. Artemis Investment Management LLP bought a new position in Capital One Financial during the 4th quarter valued at approximately $46,915,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Capital One Financial by 9.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 250,696 shares of the financial services provider’s stock valued at $44,704,000 after buying an additional 22,063 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Down 1.2 %

Capital One Financial stock opened at $182.83 on Friday. The stock has a market cap of $69.75 billion, a PE ratio of 15.77, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a fifty day moving average of $175.76 and a 200 day moving average of $180.52. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping the consensus estimate 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 net margin of 9.46% and a return on equity of 9.45%. As a group, sell-side analysts predict that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating for the company in a report on Tuesday, April 8th. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a research note on Tuesday, January 14th. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Truist Financial raised their price target on shares of Capital One Financial from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Friday. Finally, Bank of America raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the company from $207.00 to $235.00 in a research report on Wednesday, February 19th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $207.73.

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.