Shelton Capital Management Reduces Holdings in Capital One Financial Co. (NYSE:COF)

Shelton Capital Management lessened its holdings in Capital One Financial Co. (NYSE:COF) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,157 shares of the financial services provider’s stock after selling 96 shares during the period. Shelton Capital Management’s holdings in Capital One Financial were worth $385,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of COF. Bfsg LLC purchased a new stake in Capital One Financial in the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Capital One Financial in the fourth quarter worth $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial in the fourth quarter worth $29,000. Decker Retirement Planning Inc. acquired a new stake in shares of Capital One Financial during the fourth quarter valued at $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Capital One Financial during the 4th quarter worth about $32,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on COF. Citigroup reduced their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, March 24th. JPMorgan Chase & Co. decreased their target price on shares of Capital One Financial from $198.00 to $170.00 and set a “neutral” rating on the stock in a research report on Tuesday. Robert W. Baird upgraded Capital One Financial from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Finally, HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price for the company in a research note on Tuesday, January 14th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $206.73.

Capital One Financial Stock Down 7.3 %

COF opened at $162.16 on Friday. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $210.67. The firm has a 50 day moving average price of $182.96 and a 200 day moving average price of $179.02. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market cap of $61.86 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the previous year, the firm earned $2.81 earnings per share. Capital One Financial’s revenue for the quarter was up 7.2% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Co. will post 15.65 earnings per share 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 issued a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.48%. Capital One Financial’s dividend payout ratio is currently 20.71%.

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.