Congress Wealth Management LLC DE Cuts Stock Position in Capital One Financial Co. (NYSE:COF)

Congress Wealth Management LLC DE reduced its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 15.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,261 shares of the financial services provider's stock after selling 5,513 shares during the quarter. Congress Wealth Management LLC DE's holdings in Capital One Financial were worth $5,396,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on COF shares. Barclays lifted their target price on shares of Capital One Financial from $219.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. Evercore ISI raised Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 target price for the company in a report on Wednesday, March 12th. Keefe, Bruyette & Woods raised their target price 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. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, January 14th. Finally, Wells Fargo & Company raised their price objective on Capital One Financial from $185.00 to $210.00 and gave the company an "overweight" rating in a report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus target price of $206.63.

Capital One Financial Trading Down 2.7 %

Shares of NYSE COF traded down $4.83 during midday trading on Friday, reaching $173.32. 2,617,284 shares of the stock were exchanged, compared to its average volume of 2,830,431. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67. The stock has a market capitalization of $66.09 billion, a P/E ratio of 14.95, a PEG ratio of 1.19 and a beta of 1.47. The company has a 50 day simple moving average of $190.70 and a 200 day simple moving average of $177.92. 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 (NYSE:COF - Get Free Report) last posted its 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 company had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.81 earnings per share. As a group, equities 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 announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.60 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a yield of 1.38%. Capital One Financial's payout ratio is currently 20.71%.

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.