Alaska Permanent Fund Corp Sells 103 Shares of Capital One Financial Co. (NYSE:COF)

Alaska Permanent Fund Corp lowered its stake in Capital One Financial Co. (NYSE:COF) by 0.5% during the fourth quarter, Holdings Channel reports. The firm owned 20,797 shares of the financial services provider’s stock after selling 103 shares during the period. Alaska Permanent Fund Corp’s holdings in Capital One Financial were worth $2,727,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Householder Group Estate & Retirement Specialist LLC lifted its stake in shares of Capital One Financial by 1,658.3% in 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 lifted its stake in Capital One Financial by 726.7% in the fourth quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after buying an additional 218 shares during the period. Sound Income Strategies LLC lifted its stake in Capital One Financial by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after buying an additional 139 shares during the period. MV Capital Management Inc. lifted its stake in Capital One Financial by 43.9% in the fourth quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock valued at $45,000 after buying an additional 105 shares during the period. Finally, Venturi Wealth Management LLC raised its position in shares of Capital One Financial by 66.5% during the third quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 157 shares during the period. Institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company upped their target price on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. JPMorgan Chase & Co. upped their target price on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 3rd. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price on the stock in a research report on Thursday, April 4th. Citigroup upped their price target on Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $159.00 price target on shares of Capital One Financial in a report on Wednesday, March 27th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $137.05.

Capital One Financial Trading Up 0.7 %

COF traded up $0.97 on Wednesday, hitting $148.87. 3,961,255 shares of the company were exchanged, compared to its average volume of 2,697,094. The firm has a fifty day simple moving average of $139.82 and a two-hundred day simple moving average of $125.28. 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 12 month low of $83.93 and a 12 month high of $149.94. The stock has a market capitalization of $56.63 billion, a PE ratio of 12.43, a price-to-earnings-growth ratio of 1.06 and a beta of 1.48.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.50 by ($0.26). Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.45 billion. Sell-side analysts expect that Capital One Financial Co. will post 13.84 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend was Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is currently 20.08%.

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.