Mutual of America Capital Management LLC Lowers Stock Holdings in Capital One Financial Co. (NYSE:COF)

Mutual of America Capital Management LLC lowered its holdings in shares of Capital One Financial Co. (NYSE:COF) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,976 shares of the financial services provider’s stock after selling 2,413 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Capital One Financial were worth $6,684,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Comerica Bank boosted its position in Capital One Financial by 158.7% during the third quarter. Comerica Bank now owns 87,852 shares of the financial services provider’s stock worth $8,526,000 after purchasing an additional 53,894 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Capital One Financial by 1.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,498,413 shares of the financial services provider’s stock valued at $242,471,000 after acquiring an additional 40,585 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Capital One Financial by 15.2% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 76,695 shares of the financial services provider’s stock valued at $7,443,000 after acquiring an additional 10,107 shares in the last quarter. Rafferty Asset Management LLC lifted its position in shares of Capital One Financial by 4.3% in the third quarter. Rafferty Asset Management LLC now owns 131,964 shares of the financial services provider’s stock valued at $12,807,000 after acquiring an additional 5,439 shares in the last quarter. Finally, Mariner LLC lifted its position in shares of Capital One Financial by 3.5% in the third quarter. Mariner LLC now owns 65,596 shares of the financial services provider’s stock valued at $6,366,000 after acquiring an additional 2,228 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on COF shares. Wells Fargo & Company raised their target price on Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target for the company in a report on Thursday, April 4th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a report on Wednesday, March 27th. Barclays increased their price target on Capital One Financial from $114.00 to $154.00 and gave the company an “equal weight” rating in a report on Tuesday, January 2nd. Finally, Royal Bank of Canada increased their price target on Capital One Financial from $142.00 to $150.00 and gave the company a “sector perform” rating in a report on Wednesday, February 21st. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Capital One Financial presently has an average rating of “Hold” and an average price target of $137.05.

Capital One Financial Trading Down 0.5 %

COF opened at $139.59 on Friday. Capital One Financial Co. has a 52 week low of $83.93 and a 52 week high of $149.27. The business has a fifty day simple moving average of $138.89 and a 200-day simple moving average of $122.57. The firm has a market cap of $53.10 billion, a P/E ratio of 11.68, a P/E/G ratio of 1.01 and a beta of 1.48. 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 released its quarterly earnings results on Thursday, January 25th. The financial services provider reported $2.24 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 firm had revenue of $9.51 billion for the quarter, compared to analysts’ expectations of $9.45 billion. On average, equities analysts expect that Capital One Financial Co. will post 13.85 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 12th were issued a $0.60 dividend. The ex-dividend date was Friday, February 9th. This represents a $2.40 dividend on an annualized basis and a yield of 1.72%. Capital One Financial’s dividend payout ratio (DPR) is presently 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.