Capstone Asset Management Co. decreased its position in Capital One Financial Corp. (NYSE:COF) by 0.0% during the third quarter, Holdings Channel reports. The firm owned 48,945 shares of the financial services provider’s stock after selling 16 shares during the period. Capstone Asset Management Co.’s holdings in Capital One Financial Corp. were worth $3,516,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in COF. Acrospire Investment Management LLC raised its position in shares of 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 worth $108,000 after buying an additional 700 shares during the period. Cobiz Investment Management LLC acquired a new position in shares of Capital One Financial Corp. during the third quarter worth about $206,000. Financial Architects Inc raised its position in shares of Capital One Financial Corp. by 5.8% in the second quarter. Financial Architects Inc now owns 3,360 shares of the financial services provider’s stock worth $213,000 after buying an additional 184 shares during the period. Cantab Capital Partners LLP raised its position in shares of Capital One Financial Corp. by 52.3% in the second quarter. Cantab Capital Partners LLP now owns 3,387 shares of the financial services provider’s stock worth $215,000 after buying an additional 1,163 shares during the period. Finally, First Heartland Consultants Inc. acquired a new position in shares of Capital One Financial Corp. during the second quarter worth about $217,000. 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) traded up 1.74% during mid-day trading on Wednesday, hitting $84.04. The company’s stock had a trading volume of 3,800,741 shares. Capital One Financial Corp. has a 1-year low of $58.03 and a 1-year high of $84.80. The company has a market cap of $42.11 billion, a price-to-earnings ratio of 12.01 and a beta of 1.21. The company has a 50-day moving average of $76.84 and a 200 day moving average of $70.83.

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

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

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Several brokerages have recently weighed in on COF. Robert W. Baird lowered Capital One Financial Corp. from an “outperform” rating to a “neutral” rating and upped their price objective for the company from $78.00 to $82.00 in a report on Wednesday, November 16th. Stifel Nicolaus lowered Capital One Financial Corp. from a “buy” rating to a “hold” rating and upped their price objective for the company from $76.00 to $84.00 in a report on Monday, November 14th. Jefferies Group restated a “hold” rating and issued a $69.00 price objective on shares of Capital One Financial Corp. in a report on Friday, October 28th. Oppenheimer Holdings Inc. restated an “underperform” rating and issued a $60.00 price objective (up previously from $59.00) on shares of Capital One Financial Corp. in a report on Sunday, October 30th. Finally, Wedbush began coverage on Capital One Financial Corp. in a report on Monday, October 10th. They issued a “neutral” rating and a $78.00 price objective for the company. Four analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and thirteen have assigned a buy rating to the stock. Capital One Financial Corp. currently has an average rating of “Hold” and an average target price of $79.31.

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 sale, the chief executive officer now owns 2,597,316 shares of the company’s stock, valued at $195,110,377.92. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Richard D. Fairbank sold 873,024 shares of Capital One Financial Corp. stock in a transaction dated Friday, November 11th. The shares were 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 directly owns 2,809,767 shares in the company, valued at approximately $218,122,212.21. The disclosure for this sale can be found here. 1.94% of the stock is owned by corporate insiders.

Capital One Financial Corp. Company Profile

5 Day Chart for NYSE:COF

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