Yousif Capital Management LLC Trims Stock Position in Capital One Financial Co. (NYSE:COF)

Yousif Capital Management LLC cut its stake in Capital One Financial Co. (NYSE:COF) by 5.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 63,598 shares of the financial services provider’s stock after selling 3,772 shares during the quarter. Yousif Capital Management LLC’s holdings in Capital One Financial were worth $8,339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Linden Thomas Advisory Services LLC purchased a new stake in shares of Capital One Financial in the 4th quarter valued at about $205,000. Parkside Financial Bank & Trust raised its position in Capital One Financial by 489.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,900 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 2,408 shares during the last quarter. PDS Planning Inc purchased a new stake in Capital One Financial in the 4th quarter valued at $212,000. OLD National Bancorp IN boosted its stake in Capital One Financial by 3.3% during the 4th quarter. OLD National Bancorp IN now owns 139,456 shares of the financial services provider’s stock worth $18,285,000 after purchasing an additional 4,403 shares during the period. Finally, Handelsbanken Fonder AB grew its position in Capital One Financial by 3.8% during the 4th quarter. Handelsbanken Fonder AB now owns 75,225 shares of the financial services provider’s stock worth $9,864,000 after purchasing an additional 2,767 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Trading Up 0.7 %

Shares of COF stock opened at $148.87 on Thursday. Capital One Financial Co. has a fifty-two week low of $83.93 and a fifty-two week high of $149.94. The stock has a market cap of $56.63 billion, a P/E ratio of 12.45, a P/E/G ratio of 1.06 and a beta of 1.48. The business has a fifty day simple moving average of $140.10 and a 200-day simple moving average of $125.44. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.85.

Capital One Financial (NYSE:COF) last posted its earnings results 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 for the quarter, compared to analysts’ expectations of $9.45 billion. On average, analysts forecast that Capital One Financial Co. will post 13.84 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Shareholders 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 annualized dividend and a yield of 1.61%. Capital One Financial’s dividend payout ratio (DPR) is currently 20.08%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on COF shares. Deutsche Bank Aktiengesellschaft began coverage on shares of Capital One Financial in a research note on Wednesday, January 10th. They set a “hold” rating and a $153.00 target price for the company. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective for the company in a research note on Thursday, April 4th. Wells Fargo & Company upped their price objective on Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research note on Wednesday, April 10th. Piper Sandler upped their price target on Capital One Financial from $126.00 to $142.00 and gave the stock a “neutral” rating in a research note on Friday, February 23rd. 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 note on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial 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.