Polaris Capital Management LLC Sells 8,500 Shares of Capital One Financial Co. (NYSE:COF)

Polaris Capital Management LLC lowered its stake in shares of Capital One Financial Co. (NYSE:COF) by 3.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 224,508 shares of the financial services provider’s stock after selling 8,500 shares during the quarter. Capital One Financial makes up approximately 1.9% of Polaris Capital Management LLC’s portfolio, making the stock its 17th largest holding. Polaris Capital Management LLC owned about 0.06% of Capital One Financial worth $40,034,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Decker Retirement Planning Inc. bought a new position in Capital One Financial in the 4th quarter worth approximately $32,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the third quarter worth $36,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 166 shares during the period. Eastern Bank purchased a new position in shares of Capital One Financial in the third quarter valued at $44,000. Finally, Prospera Private Wealth LLC bought a new stake in shares of Capital One Financial during the 3rd quarter valued at $47,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

COF stock opened at $198.67 on Tuesday. The stock has a market capitalization of $75.74 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 1.26 and a beta of 1.47. The firm’s 50-day moving average price is $188.30 and its two-hundred day moving average price is $166.87. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $208.63.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.81 EPS. As a group, equities analysts predict that Capital One Financial Co. will post 15.41 earnings per share for the current year.

Capital One Financial Announces Dividend

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 issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.21%. The ex-dividend date is Tuesday, February 18th. Capital One Financial’s dividend payout ratio (DPR) is currently 20.71%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on COF. Robert W. Baird raised their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price objective for the company in a research note on Tuesday, January 14th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods lifted their price target on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Finally, Wells Fargo & Company upped their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Nine equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and an average target price of $196.31.

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.