Eminence Capital LP Has $158.93 Million Holdings in Capital One Financial Co. (NYSE:COF)

Eminence Capital LP lowered its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 21.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 891,252 shares of the financial services provider's stock after selling 243,962 shares during the period. Capital One Financial makes up 2.4% of Eminence Capital LP's holdings, making the stock its 14th biggest holding. Eminence Capital LP owned 0.23% of Capital One Financial worth $158,928,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of COF. Barclays PLC lifted its holdings in shares of Capital One Financial by 2.9% during the 3rd quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider's stock worth $156,058,000 after acquiring an additional 29,416 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Capital One Financial by 4.3% during the 3rd quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider's stock worth $64,482,000 after buying an additional 17,825 shares in the last quarter. Nordea Investment Management AB boosted its stake in Capital One Financial by 6.6% in the fourth quarter. Nordea Investment Management AB now owns 30,441 shares of the financial services provider's stock valued at $5,436,000 after buying an additional 1,877 shares in the last quarter. One Wealth Capital Management LLC bought a new position in Capital One Financial in the fourth quarter valued at about $292,000. Finally, International Assets Investment Management LLC acquired a new position in Capital One Financial during the fourth quarter worth about $130,683,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

COF has been the topic of several research reports. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and lifted their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. HSBC upgraded Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price objective on the stock in a research report on Tuesday, January 14th. Royal Bank of Canada set a $190.00 target price on Capital One Financial and gave the company a "sector perform" rating in a research report on Monday, April 14th. Finally, BTIG Research upgraded Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price target on the stock in a report on Tuesday, March 25th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Capital One Financial has an average rating of "Moderate Buy" and an average price target of $207.73.

Capital One Financial Trading Down 1.0 %

COF traded down $1.82 during trading on Friday, reaching $187.68. 3,178,344 shares of the stock traded hands, compared to its average volume of 3,208,644. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock's 50-day moving average is $173.12 and its 200 day moving average is $182.32. 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 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.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.75 by $0.31. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Equities analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.28%. Capital One Financial's dividend payout ratio is currently 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.