Capital One Financial Co. (NYSE:COF) Shares Sold by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. cut its position in Capital One Financial Co. (NYSE:COF) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,805 shares of the financial services provider’s stock after selling 283 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Capital One Financial were worth $1,748,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in COF. FMR LLC boosted its position in shares of Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after purchasing an additional 1,169,395 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Capital One Financial in the 4th quarter valued at about $130,683,000. Wellington Management Group LLP boosted its position in shares of Capital One Financial by 268.7% in the 3rd quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after purchasing an additional 710,881 shares during the period. Southpoint Capital Advisors LP acquired a new stake in shares of Capital One Financial in the 3rd quarter valued at about $104,811,000. Finally, KBC Group NV boosted its position in shares of Capital One Financial by 282.2% in the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock valued at $111,177,000 after purchasing an additional 460,339 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

COF has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods upped their target price on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. Finally, Wells Fargo & Company increased their price objective on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Nine equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average price target of $196.31.

Capital One Financial Stock Performance

NYSE COF opened at $198.67 on Tuesday. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $208.63. The company has a market capitalization of $75.74 billion, a P/E ratio of 17.14, a PEG ratio of 1.26 and a beta of 1.47. The business has a 50 day moving average price of $188.30 and a 200 day moving average price of $166.87. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the business posted $2.81 EPS. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Co. will post 15.41 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.21%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

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.