California Public Employees Retirement System Sells 27,387 Shares of Capital One Financial Co. (NYSE:COF)

California Public Employees Retirement System lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 723,564 shares of the financial services provider’s stock after selling 27,387 shares during the quarter. California Public Employees Retirement System owned about 0.19% of Capital One Financial worth $94,874,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of COF. Householder Group Estate & Retirement Specialist LLC raised its stake in shares of Capital One Financial by 1,658.3% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after buying an additional 199 shares during the period. Bartlett & Co. LLC raised its stake in Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 218 shares during the last quarter. Sound Income Strategies LLC raised its stake in Capital One Financial by 109.4% in the 4th quarter. Sound Income Strategies LLC now owns 266 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 139 shares during the last quarter. Venturi Wealth Management LLC raised its stake in Capital One Financial by 66.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 393 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 157 shares during the last quarter. Finally, MV Capital Management Inc. raised its stake in Capital One Financial by 43.9% in the 4th quarter. MV Capital Management Inc. now owns 344 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

COF has been the subject of a number of recent research reports. Robert W. Baird downgraded Capital One Financial from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $150.00 to $145.00 in a research note on Monday, January 8th. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 target price for the company in a research note on Thursday, April 4th. JPMorgan Chase & Co. raised their target price on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 3rd. Citigroup increased 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, UBS Group increased their price target on Capital One Financial from $132.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, February 29th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $137.05.

Capital One Financial Stock Performance

Shares of COF opened at $148.80 on Thursday. 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 1 year low of $83.93 and a 1 year high of $149.94. The stock has a market capitalization of $56.60 billion, a PE ratio of 12.45, a PEG ratio of 1.06 and a beta of 1.48. The stock has a 50-day simple moving average of $140.10 and a 200-day simple moving average of $125.44.

Capital One Financial (NYSE:COF) last issued 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). The business had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.45 billion. Capital One Financial had a return on equity of 9.24% and a net margin of 9.88%. On average, analysts predict that Capital One Financial Co. will post 13.84 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were given a dividend of $0.60 per share. 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 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.