Comerica Bank reduced its position in Capital One Financial Corporation (NYSE:COF) by 60.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 132,163 shares of the financial services provider’s stock after selling 204,891 shares during the quarter. Comerica Bank’s holdings in Capital One Financial Corporation were worth $12,215,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of COF. BB&T Investment Services Inc. bought a new stake in shares of Capital One Financial Corporation in the 2nd quarter valued at $108,000. Seven Eight Capital LP boosted its stake in Capital One Financial Corporation by 16.7% during the second quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after acquiring an additional 200 shares in the last quarter. Bronfman E.L. Rothschild L.P. boosted its stake in Capital One Financial Corporation by 47.1% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,652 shares of the financial services provider’s stock worth $137,000 after acquiring an additional 529 shares in the last quarter. Archford Capital Strategies LLC boosted its stake in Capital One Financial Corporation by 8,078.3% during the second quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock worth $140,000 after acquiring an additional 4,847 shares in the last quarter. Finally, Westside Investment Management Inc. boosted its stake in Capital One Financial Corporation by 48.0% during the second quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock worth $143,000 after acquiring an additional 566 shares in the last quarter. 87.17% of the stock is currently owned by institutional investors.

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Shares of Capital One Financial Corporation (NYSE COF) traded up $0.17 during mid-day trading on Thursday, hitting $87.80. 354,200 shares of the stock traded hands, compared to its average volume of 2,646,031. The stock has a market capitalization of $41,688.00, a P/E ratio of 11.35, a P/E/G ratio of 1.29 and a beta of 1.30. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.06 and a current ratio of 1.07. Capital One Financial Corporation has a 52 week low of $76.05 and a 52 week high of $96.92.

Capital One Financial Corporation (NYSE:COF) last posted its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.15 by $0.27. The company had revenue of $6.99 billion during the quarter, compared to analyst estimates of $6.81 billion. Capital One Financial Corporation had a net margin of 13.34% and a return on equity of 8.25%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.03 earnings per share. equities research analysts predict that Capital One Financial Corporation will post 7.94 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Monday, November 13th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.60 annualized dividend and a yield of 1.82%. Capital One Financial Corporation’s payout ratio is currently 22.63%.

In related news, Director Mayo A. Shattuck III sold 24,167 shares of the stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $92.71, for a total transaction of $2,240,522.57. Following the completion of the transaction, the director now owns 59,613 shares in the company, valued at $5,526,721.23. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Michael Slocum sold 8,292 shares of the stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $91.99, for a total transaction of $762,781.08. Following the transaction, the insider now owns 53,613 shares of the company’s stock, valued at approximately $4,931,859.87. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 43,514 shares of company stock valued at $4,011,299. 1.73% of the stock is owned by company insiders.

Several brokerages recently issued reports on COF. Zacks Investment Research lowered shares of Capital One Financial Corporation from a “buy” rating to a “hold” rating in a research note on Monday, October 30th. Piper Jaffray Companies reissued a “sell” rating and set a $81.00 target price on shares of Capital One Financial Corporation in a research note on Friday, October 27th. BMO Capital Markets increased their target price on shares of Capital One Financial Corporation from $116.00 to $118.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Bank of America Corporation increased their target price on shares of Capital One Financial Corporation from $89.00 to $91.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 25th. Finally, Wells Fargo & Company increased their target price on shares of Capital One Financial Corporation from $96.00 to $98.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $95.52.

Capital One Financial Corporation Company Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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

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