Clarkston Capital Partners LLC Lowers Holdings in Capital One Financial Co. (NYSE:COF)

Clarkston Capital Partners LLC trimmed its holdings in Capital One Financial Co. (NYSE:COF) by 6.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 260,091 shares of the financial services provider’s stock after selling 17,201 shares during the quarter. Capital One Financial makes up approximately 0.9% of Clarkston Capital Partners LLC’s holdings, making the stock its 28th biggest position. Clarkston Capital Partners LLC’s holdings in Capital One Financial were worth $46,379,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

COF has been the subject of a number of research reports. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Keefe, Bruyette & Woods increased their target price on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Baird R W upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target on the stock in a research note on Tuesday, March 25th. Finally, HSBC raised 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. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $207.80.

Capital One Financial Stock Down 8.4 %

Shares of NYSE COF opened at $150.19 on Friday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The firm has a 50-day simple moving average of $187.92 and a two-hundred day simple moving average of $178.72. The company has a market cap of $57.29 billion, a P/E ratio of 12.96, a PEG ratio of 1.19 and a beta of 1.24. 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 (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company earned $2.81 EPS. Research analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is presently 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.