Mitsubishi UFJ Trust & Banking Corp Sells 17,329 Shares of Capital One Financial Co. (NYSE:COF)

Mitsubishi UFJ Trust & Banking Corp decreased its stake in shares of Capital One Financial Co. (NYSE:COF) by 7.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 202,697 shares of the financial services provider’s stock after selling 17,329 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Capital One Financial were worth $36,145,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in COF. Modern Wealth Management LLC increased its position in shares of Capital One Financial by 11.3% during the fourth quarter. Modern Wealth Management LLC now owns 4,791 shares of the financial services provider’s stock worth $854,000 after acquiring an additional 487 shares during the period. Vanguard Group Inc. increased its holdings in Capital One Financial by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 31,744,818 shares of the financial services provider’s stock worth $5,660,736,000 after purchasing an additional 234,863 shares during the period. Blueprint Investment Partners LLC bought a new stake in Capital One Financial during the 4th quarter valued at $204,000. Guardian Partners Inc. purchased a new stake in shares of Capital One Financial in the 4th quarter worth $266,000. Finally, KLP Kapitalforvaltning AS bought a new position in shares of Capital One Financial during the 4th quarter worth $18,835,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Down 1.4 %

COF stock opened at $179.88 on Thursday. 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 52 week low of $128.23 and a 52 week high of $210.67. The stock has a market capitalization of $68.59 billion, a PE ratio of 15.52, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The firm has a 50 day moving average of $191.26 and a 200 day moving average of $177.14.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the prior year, the firm earned $2.81 EPS. The firm’s revenue was up 7.2% on a year-over-year basis. Sell-side analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.33%. Capital One Financial’s dividend payout ratio is currently 20.71%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Keefe, Bruyette & Woods increased their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Finally, Wells Fargo & Company boosted their price target on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $206.63.

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.