Capital One Financial (NYSE:COF) Shares Down 5.1% – Time to Sell?

Capital One Financial Co. (NYSE:COF) fell 5.1% during trading on Monday . The company traded as low as $164.48 and last traded at $163.17. 2,816,219 shares were traded during mid-day trading, a decline of 26% from the average session volume of 3,785,268 shares. The stock had previously closed at $171.87.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of analyst reports. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $190.00 to $200.00 in a research report on Tuesday, March 11th. Finally, Wells Fargo & Company upped their target price on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Five analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $206.67.

Capital One Financial Stock Down 3.9 %

The company’s 50-day moving average is $192.37 and its two-hundred day moving average is $175.64. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $63.00 billion, a P/E ratio of 14.28, a P/E/G ratio of 1.19 and a beta of 1.47.

Capital One Financial (NYSE:COF) last released 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 for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the business posted $2.81 EPS. As a group, equities analysts predict 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 issued a $0.60 dividend. This represents a $2.40 annualized dividend 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 currently 20.71%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Norden Group LLC lifted its stake in Capital One Financial by 2.6% in the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock worth $358,000 after purchasing an additional 51 shares during the last quarter. Catalyst Financial Partners LLC lifted its stake in shares of Capital One Financial by 3.9% during the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after acquiring an additional 54 shares during the last quarter. Quadrant Capital Group LLC boosted its position in Capital One Financial by 1.0% during the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider’s stock valued at $936,000 after purchasing an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its position in shares of Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock valued at $317,000 after buying an additional 56 shares during the last quarter. Finally, TFB Advisors LLC grew its position in shares of Capital One Financial by 4.1% in the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock worth $265,000 after buying an additional 59 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

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.