Capital One Financial Co. (NYSE:COF) Shares Sold by Addison Capital Co

Addison Capital Co reduced its holdings in Capital One Financial Co. (NYSE:COF) by 5.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,910 shares of the financial services provider’s stock after selling 363 shares during the quarter. Addison Capital Co’s holdings in Capital One Financial were worth $1,054,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Bfsg LLC acquired a new position in shares of Capital One Financial during the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC acquired a new position in Capital One Financial during the fourth quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new position in Capital One Financial during the fourth quarter worth approximately $32,000. Finally, SBI Securities Co. Ltd. purchased a new position in Capital One Financial during the fourth quarter worth approximately $32,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on COF. Baird R W upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Wells Fargo & Company upped their price target on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. Evercore ISI raised shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price for the company in a research report on Wednesday, March 12th. Finally, Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. Five equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $206.67.

Capital One Financial Stock Performance

NYSE:COF opened at $172.06 on Monday. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The stock has a market cap of $65.61 billion, a P/E ratio of 14.85, a PEG ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a 50-day moving average of $192.37 and a two-hundred day moving average of $175.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data 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. The company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.81 EPS. On average, research analysts expect that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.39%. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

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.