Sterling Capital Management LLC Decreases Stock Holdings in Capital One Financial Co. (NYSE:COF)

Sterling Capital Management LLC lowered its position in Capital One Financial Co. (NYSE:COF) by 20.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,266 shares of the financial services provider’s stock after selling 571 shares during the period. Sterling Capital Management LLC’s holdings in Capital One Financial were worth $404,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of COF. Norden Group LLC increased its position in Capital One Financial by 2.6% during the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider’s stock valued at $358,000 after buying an additional 51 shares in the last quarter. Catalyst Financial Partners LLC grew its stake in shares of Capital One Financial by 3.9% during the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider’s stock worth $255,000 after acquiring an additional 54 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Capital One Financial by 1.0% during the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider’s stock valued at $936,000 after acquiring an additional 54 shares in the last quarter. Gladstone Institutional Advisory LLC raised its position in shares of 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 purchasing an additional 56 shares during the last quarter. Finally, TFB Advisors LLC boosted its stake 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 worth $265,000 after purchasing an additional 59 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on COF. Robert W. Baird raised shares of Capital One Financial from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $190.00 to $200.00 in a report on Tuesday, March 11th. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. BTIG Research raised Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price objective on the stock in a report on Tuesday, March 25th. Bank of America upgraded Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $207.00 to $235.00 in a research note on Wednesday, February 19th. Finally, JPMorgan Chase & Co. dropped their target price on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $206.07.

Capital One Financial Trading Up 1.7 %

COF stock opened at $162.77 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $210.67. The company’s 50-day simple moving average is $178.17 and its 200-day simple moving average is $179.39. The firm has a market cap of $62.09 billion, a P/E ratio of 14.04, a PEG ratio of 1.19 and a beta of 1.24.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data 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. The company had revenue of $10.19 billion for 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 period last year, the company earned $2.81 earnings per share. As a group, equities analysts forecast that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend was Tuesday, February 18th. Capital One Financial’s payout ratio is presently 20.71%.

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.