Capital One Financial Co. (NYSE:COF) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. reduced its position in shares of Capital One Financial Co. (NYSE:COF) by 16.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 168,060 shares of the financial services provider’s stock after selling 32,682 shares during the quarter. Victory Capital Management Inc.’s holdings in Capital One Financial were worth $29,968,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Keybank National Association OH increased its position in Capital One Financial by 2.0% during the fourth quarter. Keybank National Association OH now owns 4,873 shares of the financial services provider’s stock worth $869,000 after purchasing an additional 94 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in Capital One Financial by 55.9% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 2,249 shares of the financial services provider’s stock worth $401,000 after buying an additional 806 shares during the period. Pinion Investment Advisors LLC boosted its stake in Capital One Financial by 4.0% during the fourth quarter. Pinion Investment Advisors LLC now owns 1,688 shares of the financial services provider’s stock worth $301,000 after buying an additional 65 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Capital One Financial by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,707,201 shares of the financial services provider’s stock worth $482,748,000 after buying an additional 19,202 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its stake in Capital One Financial by 15.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 22,152 shares of the financial services provider’s stock worth $3,950,000 after buying an additional 2,943 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Down 1.8 %

Shares of Capital One Financial stock opened at $173.00 on Monday. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company has a 50 day moving average of $193.50 and a 200 day moving average of $174.75. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $65.97 billion, a P/E ratio of 14.93, a P/E/G ratio of 1.19 and a beta of 1.47.

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. 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 during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the previous year, the firm earned $2.81 earnings per share. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. As a group, research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $0.60 dividend. 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 is currently 20.71%.

Analysts Set New Price Targets

COF has been the subject of several research analyst reports. Barclays increased their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and increased their target price for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Keefe, Bruyette & Woods increased their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price for the company in a research note on Tuesday, January 14th. Finally, 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 note on Friday, January 3rd. Seven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $202.27.

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.