Capital One Financial Co. (NYSE:COF) Holdings Decreased by Sound Shore Management Inc. CT

Sound Shore Management Inc. CT reduced its position in Capital One Financial Co. (NYSE:COF - Free Report) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 711,288 shares of the financial services provider's stock after selling 21,099 shares during the quarter. Capital One Financial comprises about 4.2% of Sound Shore Management Inc. CT's portfolio, making the stock its largest position. Sound Shore Management Inc. CT owned about 0.19% of Capital One Financial worth $126,837,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in COF. Norden Group LLC increased its stake in Capital One Financial by 2.6% in the fourth quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock valued at $358,000 after purchasing an additional 51 shares in the last quarter. Catalyst Financial Partners LLC grew its stake in shares of Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock valued at $255,000 after buying an additional 54 shares during the period. Gladstone Institutional Advisory LLC increased its position in Capital One Financial by 3.3% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock valued at $317,000 after buying an additional 56 shares in the last quarter. TFB Advisors LLC increased its position in Capital One Financial by 4.1% in the 4th quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock valued at $265,000 after buying an additional 59 shares in the last quarter. Finally, Money Concepts Capital Corp boosted its holdings in Capital One Financial by 4.1% in the fourth quarter. Money Concepts Capital Corp now owns 1,565 shares of the financial services provider's stock worth $279,000 after acquiring an additional 61 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

COF has been the subject of a number of recent research reports. Keefe, Bruyette & Woods boosted 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 note on Monday, December 9th. Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a research report on Wednesday, March 12th. JPMorgan Chase & Co. lifted their price target on Capital One Financial from $162.00 to $186.00 and gave the company a "neutral" rating in a research note on Monday, December 9th. Bank of America upgraded Capital One Financial from a "neutral" rating to a "buy" rating and raised their target price for the company from $207.00 to $235.00 in a report on Wednesday, February 19th. Finally, UBS Group upgraded Capital One Financial from a "neutral" rating to a "buy" rating and upped their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Capital One Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of $206.63.

Capital One Financial Stock Performance

NYSE:COF traded up $1.68 during trading hours on Tuesday, reaching $182.54. The stock had a trading volume of 3,461,388 shares, compared to its average volume of 2,733,562. The stock has a 50 day simple moving average of $191.47 and a 200 day simple moving average of $177.12. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The stock has a market cap of $69.61 billion, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 1.19 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 (NYSE:COF - Get Free Report) last posted its earnings results 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 business had revenue of $10.19 billion for the quarter, compared to analysts' expectations of $10.22 billion. During the same period in the prior year, the company posted $2.81 EPS. The business's revenue for the quarter was up 7.2% compared to the same quarter last year. On average, research analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. The ex-dividend date was Tuesday, February 18th. Capital One Financial's dividend payout ratio (DPR) is currently 20.71%.

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.