Schechter Investment Advisors LLC Trims Position in Capital One Financial Co. (NYSE:COF)

Schechter Investment Advisors LLC trimmed its position in Capital One Financial Co. (NYSE:COF) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,872 shares of the financial services provider’s stock after selling 56 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Capital One Financial were worth $334,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. FMR LLC increased its holdings in Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after acquiring an additional 1,169,395 shares during the period. International Assets Investment Management LLC bought a new position in shares of Capital One Financial in the fourth quarter worth $130,683,000. Wellington Management Group LLP raised its position in shares of Capital One Financial by 268.7% in the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after buying an additional 710,881 shares in the last quarter. Southpoint Capital Advisors LP bought a new stake in Capital One Financial during the third quarter valued at $104,811,000. Finally, KBC Group NV grew its position in Capital One Financial by 282.2% during the fourth quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after buying an additional 460,339 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Price Performance

COF opened at $186.09 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The stock’s 50 day simple moving average is $193.77 and its 200 day simple moving average is $174.05. The firm has a market cap of $70.96 billion, a price-to-earnings ratio of 16.06, a PEG ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter last year, the business earned $2.81 earnings per share. The business’s revenue was up 7.2% on a year-over-year basis. As a group, analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current 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 dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.29%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Barclays raised their price target on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Wells Fargo & Company raised their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Finally, Royal Bank of Canada upped their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. Seven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $202.27.

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.