Sound Shore Management Inc. CT lowered its holdings in Capital One Financial Corporation (NYSE:COF) by 14.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,360,838 shares of the financial services provider’s stock after selling 396,868 shares during the quarter. Capital One Financial Corporation accounts for about 3.3% of Sound Shore Management Inc. CT’s investment portfolio, making the stock its 8th biggest holding. Sound Shore Management Inc. CT owned 0.49% of Capital One Financial Corporation worth $199,869,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of COF. Savant Capital LLC grew its holdings in Capital One Financial Corporation by 0.9% during the second quarter. Savant Capital LLC now owns 3,213 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 28 shares during the period. ARGA Investment Management LP boosted its stake in shares of Capital One Financial Corporation by 0.3% in the second quarter. ARGA Investment Management LP now owns 11,002 shares of the financial services provider’s stock worth $909,000 after acquiring an additional 32 shares during the period. Linscomb & Williams Inc. boosted its stake in shares of Capital One Financial Corporation by 1.1% in the second quarter. Linscomb & Williams Inc. now owns 2,953 shares of the financial services provider’s stock worth $244,000 after acquiring an additional 33 shares during the period. Northern Capital Management LLC boosted its stake in shares of Capital One Financial Corporation by 0.6% in the second quarter. Northern Capital Management LLC now owns 18,974 shares of the financial services provider’s stock worth $1,568,000 after acquiring an additional 110 shares during the period. Finally, Calamos Wealth Management LLC boosted its stake in shares of Capital One Financial Corporation by 0.8% in the second quarter. Calamos Wealth Management LLC now owns 14,228 shares of the financial services provider’s stock worth $1,176,000 after acquiring an additional 113 shares during the period. Hedge funds and other institutional investors own 86.77% of the company’s stock.

A number of brokerages recently commented on COF. Zacks Investment Research raised Capital One Financial Corporation from a “sell” rating to a “hold” rating in a research note on Monday, October 9th. BMO Capital Markets restated a “buy” rating and set a $116.00 price objective on shares of Capital One Financial Corporation in a research report on Friday, October 6th. Piper Jaffray Companies began coverage on Capital One Financial Corporation in a research report on Thursday, September 21st. They set an “underweight” rating and a $81.00 price objective on the stock. Keefe, Bruyette & Woods restated a “buy” rating and set a $106.00 price objective on shares of Capital One Financial Corporation in a research report on Friday, September 15th. Finally, Buckingham Research assumed coverage on Capital One Financial Corporation in a research report on Monday, October 2nd. They set a “buy” rating and a $99.00 price objective on the stock. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Capital One Financial Corporation has an average rating of “Hold” and an average target price of $95.52.

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In related news, Director Ann F. Hackett sold 11,055 shares of the firm’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $91.18, for a total transaction of $1,007,994.90. Following the sale, the director now owns 69,066 shares in the company, valued at $6,297,437.88. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mayo A. Shattuck III sold 24,167 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $92.71, for a total transaction of $2,240,522.57. Following the sale, the director now owns 59,613 shares in the company, valued at approximately $5,526,721.23. The disclosure for this sale can be found here. Over the last three months, insiders have sold 43,514 shares of company stock valued at $4,011,299. Corporate insiders own 1.73% of the company’s stock.

Capital One Financial Corporation (NYSE:COF) traded up $0.44 during midday trading on Tuesday, reaching $88.27. 1,602,800 shares of the company traded hands, compared to its average volume of 2,634,288. The stock has a market capitalization of $42,970.00, a PE ratio of 11.59, a P/E/G ratio of 1.31 and a beta of 1.30. Capital One Financial Corporation has a 52-week low of $76.05 and a 52-week high of $96.92. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 1.17.

Capital One Financial Corporation (NYSE:COF) last posted its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.27. The firm had revenue of $6.99 billion during the quarter, compared to analysts’ expectations of $6.81 billion. Capital One Financial Corporation had a net margin of 13.34% and a return on equity of 8.25%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.03 earnings per share. equities research analysts predict that Capital One Financial Corporation will post 7.94 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Shareholders of record on Monday, November 13th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 1.81%. Capital One Financial Corporation’s dividend payout ratio (DPR) is presently 22.44%.

Capital One Financial Corporation Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

Institutional Ownership by Quarter for Capital One Financial Corporation (NYSE:COF)

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