Federated Hermes Inc. Sells 6,616 Shares of Capital One Financial Co. (NYSE:COF)

Federated Hermes Inc. decreased its position in Capital One Financial Co. (NYSE:COF) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 855,509 shares of the financial services provider’s stock after selling 6,616 shares during the quarter. Federated Hermes Inc. owned approximately 0.22% of Capital One Financial worth $112,174,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Householder Group Estate & Retirement Specialist LLC increased its position in Capital One Financial by 1,658.3% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 199 shares during the period. Bartlett & Co. LLC increased its position in Capital One Financial by 726.7% during the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares during the period. Resurgent Financial Advisors LLC bought a new position in Capital One Financial during the fourth quarter worth $34,000. Sound Income Strategies LLC increased its position in Capital One Financial by 109.4% during the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 139 shares during the period. Finally, Neo Ivy Capital Management bought a new position in Capital One Financial during the second quarter worth $37,000. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on COF. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Capital One Financial in a research report on Wednesday, January 10th. They set a “hold” rating and a $153.00 target price on the stock. Evercore ISI lifted their price target on shares of Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, March 28th. Wolfe Research upgraded shares of Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a research note on Thursday, April 4th. UBS Group lifted their price target on shares of Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, February 29th. Finally, Royal Bank of Canada lifted their price target on shares of Capital One Financial from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Wednesday, February 21st. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $137.05.

Capital One Financial Price Performance

Shares of COF traded up $6.32 during mid-day trading on Thursday, hitting $143.09. 1,417,987 shares of the company traded hands, compared to its average volume of 2,659,870. The business has a 50-day moving average of $139.06 and a 200 day moving average of $123.61. Capital One Financial Co. has a one year low of $83.93 and a one year high of $149.27. The stock has a market capitalization of $54.43 billion, a price-to-earnings ratio of 11.44, a PEG ratio of 0.98 and a beta of 1.48. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($0.26). Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.45 billion. As a group, equities analysts expect that Capital One Financial Co. will post 13.84 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were issued a $0.60 dividend. The ex-dividend date was Friday, February 9th. This represents a $2.40 annualized dividend and a yield of 1.68%. Capital One Financial’s dividend payout ratio is currently 20.08%.

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.