UniSuper Management Pty Ltd Reduces Stock Position in Capital One Financial Co. (NYSE:COF)

UniSuper Management Pty Ltd trimmed its stake in shares of Capital One Financial Co. (NYSE:COF) by 15.4% in the 4th quarter, Holdings Channel reports. The firm owned 27,103 shares of the financial services provider’s stock after selling 4,937 shares during the period. UniSuper Management Pty Ltd’s holdings in Capital One Financial were worth $4,833,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bfsg LLC purchased a new stake in Capital One Financial during the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Capital One Financial during the fourth quarter valued at $27,000. TruNorth Capital Management LLC purchased a new stake in Capital One Financial during the fourth quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new position in Capital One Financial in the fourth quarter worth about $32,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Capital One Financial during the 4th quarter valued at about $32,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $190.00 to $200.00 in a research report on Tuesday, March 11th. Royal Bank of Canada increased their price target 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. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Evercore ISI upgraded Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a research report on Wednesday, March 12th. Finally, Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $206.63.

Capital One Financial Trading Down 2.7 %

Shares of COF opened at $173.32 on Friday. The firm has a market cap of $66.09 billion, a P/E ratio of 14.95, a price-to-earnings-growth 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. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The company has a 50 day simple moving average of $190.70 and a two-hundred day simple moving average of $177.36.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the previous year, the firm posted $2.81 EPS. Capital One Financial’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, equities 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 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 dividend yield of 1.38%. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.