Capital One Financial Co. (NYSE:COF) Stock Position Lowered by Meeder Asset Management Inc.

Meeder Asset Management Inc. lowered its position in shares of Capital One Financial Co. (NYSE:COF) by 76.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,561 shares of the financial services provider’s stock after selling 40,398 shares during the quarter. Meeder Asset Management Inc.’s holdings in Capital One Financial were worth $2,240,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Norden Group LLC boosted its position in shares of Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after purchasing an additional 51 shares in the last quarter. Catalyst Financial Partners LLC lifted its stake in Capital One Financial by 3.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its holdings in 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 worth $317,000 after buying an additional 56 shares in the last quarter. TFB Advisors LLC grew its position in Capital One Financial by 4.1% in the fourth 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. Finally, Money Concepts Capital Corp increased its holdings in shares of Capital One Financial by 4.1% in the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider’s stock valued at $279,000 after buying an additional 61 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Trading Down 2.7 %

Shares of NYSE COF opened at $173.32 on Monday. The business has a 50 day simple moving average of $190.70 and a 200 day simple moving average of $177.92. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The stock has a market cap of $66.09 billion, a price-to-earnings ratio of 14.95, a PEG ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.81 earnings per share. On average, research analysts predict that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders 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%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a report on Tuesday, January 14th. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 target price on the stock in a research report on Tuesday, March 25th. Finally, Royal Bank of Canada upped their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 22nd. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $206.63.

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.