Twin Capital Management Inc. Reduces Stock Holdings in Capital One Financial Co. (NYSE:COF)

Twin Capital Management Inc. decreased its position in Capital One Financial Co. (NYSE:COF) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,679 shares of the financial services provider’s stock after selling 483 shares during the period. Twin Capital Management Inc.’s holdings in Capital One Financial were worth $2,711,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of COF. Cetera Investment Advisers lifted its position in shares of Capital One Financial by 25.3% during the first quarter. Cetera Investment Advisers now owns 7,940 shares of the financial services provider’s stock worth $1,042,000 after acquiring an additional 1,601 shares in the last quarter. Moors & Cabot Inc. lifted its position in shares of Capital One Financial by 9.2% during the first quarter. Moors & Cabot Inc. now owns 3,979 shares of the financial services provider’s stock worth $522,000 after acquiring an additional 335 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Capital One Financial by 11.4% during the first quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the financial services provider’s stock worth $388,000 after acquiring an additional 303 shares in the last quarter. Candriam Luxembourg S.C.A. lifted its position in shares of Capital One Financial by 4.1% during the first quarter. Candriam Luxembourg S.C.A. now owns 43,094 shares of the financial services provider’s stock worth $5,658,000 after acquiring an additional 1,698 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in shares of Capital One Financial by 4.2% during the first quarter. Baird Financial Group Inc. now owns 25,248 shares of the financial services provider’s stock worth $3,315,000 after acquiring an additional 1,008 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Up 3.3 %

Shares of NYSE:COF traded up $4.52 on Thursday, reaching $141.29. 1,835,897 shares of the company traded hands, compared to its average volume of 2,666,050. The business’s 50-day simple moving average is $139.06 and its 200 day simple moving average is $123.61. Capital One Financial Co. has a 52 week low of $83.93 and a 52 week high of $149.27. The stock has a market capitalization of $53.75 billion, a P/E ratio of 11.91, a price-to-earnings-growth 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 (EPS) for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.45 billion. Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. As a group, equities analysts anticipate that Capital One Financial Co. will post 13.84 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 12th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.70%. Capital One Financial’s dividend payout ratio is currently 20.08%.

Analyst Ratings Changes

Several research firms have recently weighed in on COF. BMO Capital Markets upped their price target on shares of Capital One Financial from $124.00 to $125.00 and gave the stock a “market perform” rating in a report on Monday, January 29th. Deutsche Bank Aktiengesellschaft began coverage on shares of Capital One Financial in a report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 price target on the stock. Evercore ISI upped 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 report on Thursday, March 28th. Citigroup upped their price target on shares of Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Finally, JPMorgan Chase & Co. upped their price target on shares of Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a report on Wednesday, April 3rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price 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.