Public Employees Retirement Association of Colorado Sells 1,504 Shares of Capital One Financial Co. (NYSE:COF)

Public Employees Retirement Association of Colorado lessened its stake in Capital One Financial Co. (NYSE:COF) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,645 shares of the financial services provider’s stock after selling 1,504 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Capital One Financial were worth $9,209,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of COF. Norden Group LLC grew its position in Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock worth $358,000 after acquiring an additional 51 shares during the last quarter. Catalyst Financial Partners LLC grew its position in Capital One Financial by 3.9% during the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after acquiring an additional 54 shares during the last quarter. Quadrant Capital Group LLC grew its position in Capital One Financial by 1.0% during the 4th quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider’s stock worth $936,000 after acquiring an additional 54 shares during the last quarter. Gladstone Institutional Advisory LLC grew its position in Capital One Financial by 3.3% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider’s stock worth $317,000 after acquiring an additional 56 shares during the last quarter. Finally, TFB Advisors LLC grew its position in Capital One Financial by 4.1% during the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider’s stock worth $265,000 after acquiring an additional 59 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $183.06 on Tuesday. The company has a market cap of $69.83 billion, a price-to-earnings ratio of 15.79, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24. The company has a 50-day moving average price of $175.22 and a 200-day moving average price of $180.91. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.75 by $0.31. The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. As a group, equities analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. The ex-dividend date was Tuesday, February 18th. Capital One Financial’s dividend payout ratio is currently 20.15%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on COF shares. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective on the stock in a research report on Tuesday, January 14th. Argus raised Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Royal Bank of Canada set a $190.00 price objective on Capital One Financial and gave the stock a “sector perform” rating in a research note on Monday, April 14th. Wells Fargo & Company increased their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, April 24th. Finally, Citigroup lowered their price target on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a report on Monday, March 24th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $207.73.

Capital One Financial Company 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.