Capital One Financial Co. (NYSE:COF) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. reduced its position in shares of Capital One Financial Co. (NYSE:COF) by 18.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 221,352 shares of the financial services provider's stock after selling 51,524 shares during the period. Ameriprise Financial Inc. owned about 0.06% of Capital One Financial worth $39,471,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Norden Group LLC raised its holdings 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 acquiring an additional 51 shares in the last quarter. Catalyst Financial Partners LLC raised its holdings in Capital One Financial by 3.9% in the fourth quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock valued at $255,000 after acquiring an additional 54 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Capital One Financial by 1.0% in 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 holdings in Capital One Financial by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock valued at $317,000 after acquiring an additional 56 shares in the last quarter. Finally, TFB Advisors LLC raised its holdings in Capital One Financial by 4.1% in the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock valued at $265,000 after acquiring an additional 59 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on COF. Truist Financial upped their price target on shares of Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a report on Friday, April 25th. Hsbc Global Res raised shares of Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. HSBC upgraded shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 target price for the company in a research note on Tuesday, January 14th. Wells Fargo & Company boosted their target price on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. Finally, Barclays boosted 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 note on Wednesday, January 22nd. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $207.73.

Capital One Financial Stock Performance

Shares of COF opened at $187.68 on Monday. The firm has a 50-day moving average price of $173.12 and a 200 day moving average price of $182.72. The firm has a market capitalization of $71.60 billion, a PE ratio of 16.19, a P/E/G ratio of 1.19 and a beta of 1.13. 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.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Friday, May 23rd will be given a $0.60 dividend. The ex-dividend date is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.28%. Capital One Financial's dividend payout ratio is presently 20.15%.

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.

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Co. (NYSE:COF - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.