Capital One Financial Co. (NYSE:COF) Shares Sold by Swiss National Bank

Swiss National Bank reduced its position in shares of Capital One Financial Co. (NYSE:COF) by 4.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,078,700 shares of the financial services provider’s stock after selling 54,900 shares during the period. Swiss National Bank owned about 0.28% of Capital One Financial worth $192,354,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Bfsg LLC acquired a new position in shares of Capital One Financial during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Capital One Financial in the fourth quarter valued at $27,000. TruNorth Capital Management LLC acquired a new stake in Capital One Financial in the fourth quarter valued at $29,000. Decker Retirement Planning Inc. acquired a new stake in Capital One Financial in the fourth quarter valued at $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Capital One Financial in the fourth quarter valued at $32,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on COF shares. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 14th. 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 report on Wednesday, January 22nd. 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 report on Monday, December 9th. Evercore ISI raised shares of Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Wednesday. Finally, Wells Fargo & Company increased their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Five research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $206.67.

Capital One Financial Trading Down 2.8 %

NYSE COF opened at $165.73 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $63.20 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The firm’s fifty day simple moving average is $192.54 and its 200-day simple moving average is $174.98.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter last year, the company earned $2.81 earnings per share. The firm’s revenue was up 7.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared 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. This represents a $2.40 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is 20.71%.

Capital One Financial 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.