Connable Office Inc. purchased a new stake in Capital One Financial Corporation (NYSE:COF) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 30,172 shares of the financial services provider’s stock, valued at approximately $2,554,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in COF. Davis Selected Advisers increased its position in Capital One Financial Corporation by 112.8% in the 2nd quarter. Davis Selected Advisers now owns 8,061,905 shares of the financial services provider’s stock valued at $666,075,000 after acquiring an additional 4,274,053 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Capital One Financial Corporation by 107.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,989,104 shares of the financial services provider’s stock valued at $164,340,000 after acquiring an additional 1,031,829 shares during the period. Pzena Investment Management LLC increased its position in Capital One Financial Corporation by 28.1% in the 2nd quarter. Pzena Investment Management LLC now owns 4,041,646 shares of the financial services provider’s stock valued at $333,921,000 after acquiring an additional 885,934 shares during the period. Capital World Investors increased its position in Capital One Financial Corporation by 2.3% in the 2nd quarter. Capital World Investors now owns 38,396,005 shares of the financial services provider’s stock valued at $3,172,278,000 after acquiring an additional 849,047 shares during the period. Finally, Renaissance Technologies LLC increased its position in Capital One Financial Corporation by 153.3% in the 2nd quarter. Renaissance Technologies LLC now owns 989,099 shares of the financial services provider’s stock valued at $81,719,000 after acquiring an additional 598,600 shares during the period. Hedge funds and other institutional investors own 87.40% of the company’s stock.

A number of research firms have recently commented on COF. Compass Point began coverage on shares of Capital One Financial Corporation in a research note on Thursday, August 10th. They issued a “neutral” rating and a $90.00 price objective on the stock. Keefe, Bruyette & Woods set a $106.00 price objective on shares of Capital One Financial Corporation and gave the company a “buy” rating in a research note on Tuesday, August 15th. BidaskClub lowered shares of Capital One Financial Corporation from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th. Zacks Investment Research raised shares of Capital One Financial Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, July 27th. Finally, Buckingham Research began coverage on shares of Capital One Financial Corporation in a research note on Monday, October 2nd. They issued a “buy” rating and a $99.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Capital One Financial Corporation presently has an average rating of “Hold” and an average price target of $95.00.

Capital One Financial Corporation (NYSE COF) traded down $0.89 on Friday, reaching $87.22. 463,618 shares of the company’s stock traded hands, compared to its average volume of 2,230,000. 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 1 year low of $76.05 and a 1 year high of $96.92. The firm has a market capitalization of $42,340.00, a P/E ratio of 11.74, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30.

Capital One Financial Corporation (NYSE:COF) last announced its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 EPS 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 the consensus estimate 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 company posted $2.03 earnings per share. analysts forecast that Capital One Financial Corporation will post 7.94 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Monday, November 13th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.60 annualized dividend and a dividend yield of 1.83%. Capital One Financial Corporation’s dividend payout ratio is currently 22.44%.

In other 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 value of $2,240,522.57. Following the completion of the sale, the director now owns 59,613 shares in the company, valued at $5,526,721.23. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ann F. Hackett sold 11,055 shares of the stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $91.18, for a total transaction of $1,007,994.90. Following the completion of the sale, the director now owns 69,066 shares of the company’s stock, valued at approximately $6,297,437.88. The disclosure for this sale can be found here. In the last quarter, insiders sold 43,514 shares of company stock valued at $4,011,299. 1.73% of the stock is currently owned by corporate insiders.

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Capital One Financial Corporation 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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