Sound Shore Management Inc. CT raised its stake in Capital One Financial Corp. (NYSE:COF) by 17.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,644,664 shares of the financial services provider’s stock after buying an additional 383,420 shares during the period. Capital One Financial Corp. comprises approximately 3.4% of Sound Shore Management Inc. CT’s portfolio, making the stock its 2nd largest position. Sound Shore Management Inc. CT’s holdings in Capital One Financial Corp. were worth $189,966,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. DIAM Co. Ltd. boosted its position in Capital One Financial Corp. by 1.6% in the third quarter. DIAM Co. Ltd. now owns 87,017 shares of the financial services provider’s stock worth $6,188,000 after buying an additional 1,400 shares during the last quarter. Bbva Compass Bancshares Inc. boosted its stake in Capital One Financial Corp. by 8.6% in the third quarter. Bbva Compass Bancshares Inc. now owns 71,139 shares of the financial services provider’s stock valued at $5,110,000 after buying an additional 5,611 shares in the last quarter. Evanston Investments Inc. dba Evanston Advisors boosted its stake in Capital One Financial Corp. by 5.1% in the third quarter. Evanston Investments Inc. dba Evanston Advisors now owns 92,771 shares of the financial services provider’s stock valued at $6,664,000 after buying an additional 4,505 shares in the last quarter. Ironwood Investment Counsel LLC boosted its stake in Capital One Financial Corp. by 53.4% in the third quarter. Ironwood Investment Counsel LLC now owns 39,225 shares of the financial services provider’s stock valued at $2,741,000 after buying an additional 13,661 shares in the last quarter. Finally, NCM Capital Management Group Inc. boosted its stake in Capital One Financial Corp. by 13.5% in the third quarter. NCM Capital Management Group Inc. now owns 2,525 shares of the financial services provider’s stock valued at $181,000 after buying an additional 300 shares in the last quarter. Institutional investors own 89.72% of the company’s stock.

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

Shares of Capital One Financial Corp. (NYSE:COF) opened at 84.04 on Thursday. Capital One Financial Corp. has a 52-week low of $58.03 and a 52-week high of $84.80. The stock has a 50 day moving average of $76.57 and a 200-day moving average of $70.73. The stock has a market capitalization of $42.11 billion, a price-to-earnings ratio of 12.01 and a beta of 1.21.

Capital One Financial Corp. (NYSE:COF) last announced its quarterly earnings data on Tuesday, October 25th. The financial services provider reported $2.03 EPS for the quarter, topping the Zacks’ consensus estimate of $1.94 by $0.09. The firm earned $6.46 billion during the quarter, compared to analyst estimates of $432.47 million. Capital One Financial Corp. had a return on equity of 8.44% and a net margin of 14.37%. The company’s revenue was up 9.5% on a year-over-year basis. During the same period last year, the company earned $2.10 earnings per share. On average, equities research analysts predict that Capital One Financial Corp. will post $7.06 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 25th. Investors of record on Monday, November 14th were given a $0.40 dividend. The ex-dividend date was Wednesday, November 9th. This represents a $1.60 dividend on an annualized basis and a yield of 1.90%. Capital One Financial Corp.’s payout ratio is 22.82%.

COPYRIGHT VIOLATION WARNING: “Sound Shore Management Inc. CT Boosts Position in Capital One Financial Corp. (COF)” was originally published by Daily Political and is the propert of of Daily Political. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of U.S. and international copyright legislation. The correct version of this piece of content can be accessed at http://www.dailypolitical.com/2016/12/01/sound-shore-management-inc-ct-boosts-position-in-capital-one-financial-corp-cof.html.

Several analysts recently issued reports on COF shares. Morgan Stanley reaffirmed a “buy” rating and issued a $83.00 price target on shares of Capital One Financial Corp. in a report on Wednesday, August 17th. DA Davidson reaffirmed a “buy” rating on shares of Capital One Financial Corp. in a report on Tuesday, August 16th. upped their price target on shares of Capital One Financial Corp. from $83.00 to $86.00 and gave the company a “buy” rating in a report on Friday, September 23rd. Credit Suisse Group AG reaffirmed a “hold” rating on shares of Capital One Financial Corp. in a report on Friday, September 16th. Finally, Nomura reaffirmed a “hold” rating and issued a $72.00 price target on shares of Capital One Financial Corp. in a report on Thursday, September 22nd. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and thirteen have given a buy rating to the company’s stock. Capital One Financial Corp. presently has a consensus rating of “Hold” and an average price target of $79.69.

In related news, CEO Richard D. Fairbank sold 4,300 shares of Capital One Financial Corp. stock in a transaction dated Monday, October 31st. The stock was sold at an average price of $75.12, for a total value of $323,016.00. Following the completion of the sale, the chief executive officer now directly owns 2,597,316 shares in the company, valued at $195,110,377.92. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Richard D. Fairbank sold 873,024 shares of Capital One Financial Corp. stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $77.63, for a total value of $67,772,853.12. Following the completion of the sale, the chief executive officer now owns 2,809,767 shares of the company’s stock, valued at $218,122,212.21. The disclosure for this sale can be found here. 1.94% of the stock is owned by corporate insiders.

About Capital One Financial Corp.

5 Day Chart for NYSE:COF

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 Corp. (NYSE:COF).

Receive News & Ratings for Capital One Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial Corp. and related companies with MarketBeat.com's FREE daily email newsletter.