Heritage Investors Management Corp Has $24.93 Million Position in Capital One Financial Co. (NYSE:COF)

Heritage Investors Management Corp trimmed its stake in shares of Capital One Financial Co. (NYSE:COF) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,826 shares of the financial services provider’s stock after selling 2,240 shares during the quarter. Heritage Investors Management Corp’s holdings in Capital One Financial were worth $24,934,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in COF. Bfsg LLC acquired a new stake in Capital One Financial during the 4th quarter valued at approximately $27,000. TruNorth Capital Management LLC bought a new stake in shares of Capital One Financial in the 4th quarter valued at $29,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter worth $32,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Capital One Financial during the third quarter worth $36,000. Finally, Sierra Ocean LLC bought a new position in Capital One Financial during the fourth quarter worth $48,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Trading Up 1.4 %

NYSE:COF opened at $196.54 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $210.67. The company has a market cap of $74.95 billion, a PE ratio of 16.96, a PEG ratio of 1.19 and a beta of 1.47. The firm has a 50-day moving average of $192.45 and a 200-day moving average of $172.06.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same period in the previous year, the company posted $2.81 EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, equities research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s payout ratio is currently 20.71%.

Analyst Ratings Changes

A number of brokerages have commented on COF. Keefe, Bruyette & Woods upped their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Royal Bank of Canada boosted their price target on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. UBS Group raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $168.00 to $235.00 in a research report on Monday, January 13th. Finally, Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $202.27.

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.