New York State Common Retirement Fund Sells 47,014 Shares of Capital One Financial Co. (NYSE:COF)

New York State Common Retirement Fund reduced its position in shares of Capital One Financial Co. (NYSE:COF) by 7.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 581,024 shares of the financial services provider’s stock after selling 47,014 shares during the quarter. New York State Common Retirement Fund owned about 0.15% of Capital One Financial worth $76,184,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pzena Investment Management LLC grew its position in shares of Capital One Financial by 8.3% during the 3rd quarter. Pzena Investment Management LLC now owns 7,626,988 shares of the financial services provider’s stock worth $740,199,000 after buying an additional 585,797 shares during the period. Wellington Management Group LLP grew its position in shares of Capital One Financial by 37.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,184,671 shares of the financial services provider’s stock valued at $114,972,000 after purchasing an additional 324,095 shares during the period. Robeco Institutional Asset Management B.V. grew its position in shares of Capital One Financial by 28.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,011,849 shares of the financial services provider’s stock valued at $98,200,000 after purchasing an additional 223,980 shares during the period. Assenagon Asset Management S.A. grew its position in shares of Capital One Financial by 1,058.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 202,881 shares of the financial services provider’s stock valued at $26,602,000 after purchasing an additional 185,370 shares during the period. Finally, Mackenzie Financial Corp grew its position in shares of Capital One Financial by 131.2% in the 4th quarter. Mackenzie Financial Corp now owns 314,989 shares of the financial services provider’s stock valued at $41,301,000 after purchasing an additional 178,729 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial Trading Up 0.4 %

Shares of Capital One Financial stock opened at $147.89 on Wednesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.01 and a current ratio of 1.01. Capital One Financial Co. has a 52 week low of $83.93 and a 52 week high of $149.94. The stock has a 50 day moving average price of $139.82 and a two-hundred day moving average price of $125.28. The stock has a market capitalization of $56.25 billion, a PE ratio of 12.38, a price-to-earnings-growth ratio of 1.06 and a beta of 1.48.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $2.24 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.45 billion. As a group, equities analysts anticipate 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. Shareholders of record on Monday, February 12th were given a $0.60 dividend. The ex-dividend date was Friday, February 9th. This represents a $2.40 annualized dividend and a yield of 1.62%. Capital One Financial’s dividend payout ratio is currently 20.08%.

Analysts Set New Price Targets

Several brokerages recently issued reports on COF. UBS Group boosted their price objective on Capital One Financial from $132.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, February 29th. Piper Sandler boosted their price objective on Capital One Financial from $126.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, February 23rd. Barclays upped their price target on Capital One Financial from $114.00 to $154.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. Evercore ISI upped their price target on Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a research report on Thursday, March 28th. Finally, Citigroup upped their price target on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat, Capital One Financial has an average rating of “Hold” and a consensus price target of $137.05.

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.