Pacer Advisors Inc. Lowers Stock Holdings in Capital One Financial Co. (NYSE:COF)

Pacer Advisors Inc. lessened its stake in shares of Capital One Financial Co. (NYSE:COF) by 68.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,482 shares of the financial services provider’s stock after selling 54,749 shares during the quarter. Pacer Advisors Inc.’s holdings in Capital One Financial were worth $3,341,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Webster Bank N. A. raised its position in Capital One Financial by 0.4% during the 3rd quarter. Webster Bank N. A. now owns 27,564 shares of the financial services provider’s stock worth $2,675,000 after buying an additional 103 shares during the last quarter. 626 Financial LLC increased its stake in shares of Capital One Financial by 4.2% during the fourth quarter. 626 Financial LLC now owns 2,591 shares of the financial services provider’s stock worth $340,000 after acquiring an additional 105 shares during the period. HB Wealth Management LLC raised its holdings in Capital One Financial by 0.8% during the fourth quarter. HB Wealth Management LLC now owns 13,485 shares of the financial services provider’s stock worth $1,768,000 after purchasing an additional 106 shares in the last quarter. Jacobi Capital Management LLC boosted its holdings in Capital One Financial by 4.0% in the 3rd quarter. Jacobi Capital Management LLC now owns 2,759 shares of the financial services provider’s stock valued at $268,000 after purchasing an additional 107 shares in the last quarter. Finally, Kinneret Advisory LLC boosted its holdings in Capital One Financial by 2.3% in the 1st quarter. Kinneret Advisory LLC now owns 5,358 shares of the financial services provider’s stock valued at $703,000 after purchasing an additional 120 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Capital One Financial from $131.00 to $134.00 and gave the company a “neutral” rating in a report on Friday, January 26th. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $159.00 target price on shares of Capital One Financial in a report on Wednesday. Barclays upped their price target on shares of Capital One Financial from $114.00 to $154.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 2nd. The Goldman Sachs Group raised their price objective on shares of Capital One Financial from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, December 18th. Finally, Citigroup upped their target price on shares of Capital One Financial from $152.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $131.55.

Read Our Latest Report on COF

Capital One Financial Stock Up 3.0 %

Shares of NYSE:COF opened at $148.89 on Friday. The company has a market capitalization of $56.64 billion, a P/E ratio of 12.46, a P/E/G ratio of 1.25 and a beta of 1.47. The stock’s fifty day simple moving average is $136.85 and its 200-day simple moving average is $119.33. Capital One Financial Co. has a 52-week low of $83.93 and a 52-week high of $149.27. 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:COFGet Free Report) last released its earnings results on Thursday, January 25th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.26). The firm had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.45 billion. Capital One Financial had a net margin of 9.88% and a return on equity of 9.24%. As a group, equities research analysts forecast that Capital One Financial Co. will post 13.82 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 12th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date was Friday, February 9th. Capital One Financial’s dividend payout ratio is presently 20.08%.

About Capital One Financial

(Free Report)

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.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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