Kanawha Capital Management LLC Trims Stock Holdings in Capital One Financial Co. (NYSE:COF)

Kanawha Capital Management LLC cut its holdings in shares of Capital One Financial Co. (NYSE:COF) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,080 shares of the financial services provider’s stock after selling 245 shares during the period. Kanawha Capital Management LLC’s holdings in Capital One Financial were worth $6,969,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Asset Management One Co. Ltd. increased its stake in Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after purchasing an additional 7,331 shares during the period. Principal Financial Group Inc. increased its stake in Capital One Financial by 4.3% during the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after purchasing an additional 17,825 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Capital One Financial by 4.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock worth $8,234,000 after purchasing an additional 2,006 shares during the period. Catalina Capital Group LLC increased its stake in shares of Capital One Financial by 8.1% during the third quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock worth $241,000 after buying an additional 121 shares during the period. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Capital One Financial during the third quarter worth approximately $1,649,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $197.33 on Friday. The company has a market cap of $75.23 billion, a P/E ratio of 17.03, a PEG ratio of 1.26 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63. The business’s 50-day simple moving average is $188.99 and its 200 day simple moving average is $167.78.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating the consensus estimate 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 business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period last year, the business posted $2.81 EPS. The company’s revenue was up 7.2% on a year-over-year basis. On average, sell-side analysts forecast that Capital One Financial Co. will post 15.41 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 1.22%. Capital One Financial’s dividend payout ratio is presently 20.71%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on COF shares. The Goldman Sachs Group upped their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Robert W. Baird increased their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Barclays increased their price target on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Finally, UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Nine research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $196.31.

About Capital One Financial

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.