GAM Holding AG lowered its stake in Capital One Financial Corp. (NYSE:COF) by 6.6% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 87,596 shares of the financial services provider’s stock after selling 6,192 shares during the period. GAM Holding AG’s holdings in Capital One Financial Corp. were worth $6,291,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Acrospire Investment Management LLC boosted its position in Capital One Financial Corp. by 70.0% in the second quarter. Acrospire Investment Management LLC now owns 1,700 shares of the financial services provider’s stock valued at $108,000 after buying an additional 700 shares in the last quarter. Global X Management Co. LLC boosted its stake in shares of Capital One Financial Corp. by 178.0% in the third quarter. Global X Management Co. LLC now owns 1,982 shares of the financial services provider’s stock worth $142,000 after buying an additional 1,269 shares during the period. NCM Capital Management Group Inc. boosted its stake in shares of 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 worth $181,000 after buying an additional 300 shares during the period. Cornerstone Financial Partners LLC purchased a new stake in shares of Capital One Financial Corp. during the third quarter worth about $200,000. Finally, Cobiz Investment Management LLC purchased a new stake in shares of Capital One Financial Corp. during the third quarter worth about $206,000. 89.72% of the stock is owned by institutional investors and hedge funds.

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

Shares of Capital One Financial Corp. (NYSE:COF) traded down 0.727% on Tuesday, hitting $82.635. The company had a trading volume of 1,627,230 shares. The company has a 50 day moving average of $76.57 and a 200-day moving average of $70.73. The company has a market cap of $41.41 billion, a price-to-earnings ratio of 11.808 and a beta of 1.21. Capital One Financial Corp. has a 12-month low of $58.03 and a 12-month high of $84.80.

Capital One Financial Corp. (NYSE:COF) last posted its quarterly earnings results on Tuesday, October 25th. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.94 by $0.09. The company had revenue of $6.46 billion for the quarter, compared to analysts’ expectations of $432.47 million. Capital One Financial Corp. had a return on equity of 8.44% and a net margin of 14.37%. The firm’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.10 earnings per share. On average, analysts forecast that Capital One Financial Corp. will post $7.06 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, November 25th. Shareholders of record on Monday, November 14th were issued a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, November 9th. This represents a $1.60 annualized dividend and a dividend yield of 1.91%. Capital One Financial Corp.’s dividend payout ratio is currently 22.82%.

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A number of analysts recently issued reports on the company. Nomura reissued a “hold” rating and issued a $72.00 target price on shares of Capital One Financial Corp. in a research report on Thursday, September 22nd. Barclays PLC reissued an “overweight” rating and issued a $80.00 target price on shares of Capital One Financial Corp. in a research report on Wednesday, October 12th. Robert W. Baird reissued an “outperform” rating on shares of Capital One Financial Corp. in a research report on Thursday, August 4th. Credit Suisse Group AG reissued a “hold” rating on shares of Capital One Financial Corp. in a research report on Friday, September 16th. Finally, Morgan Stanley reaffirmed a “buy” rating and set a $83.00 price objective on shares of Capital One Financial Corp. in a research note on Wednesday, August 17th. 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 stock. The stock has an average rating of “Hold” and an average target price of $79.31.

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

About Capital One Financial Corp.

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