Cadence Capital Management LLC lessened its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 5.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,666 shares of the financial services provider’s stock after selling 1,040 shares during the quarter. Cadence Capital Management LLC’s holdings in Capital One Financial were worth $1,411,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Savant Capital LLC raised its stake in Capital One Financial by 0.9% during the 2nd quarter. Savant Capital LLC now owns 3,213 shares of the financial services provider’s stock worth $265,000 after buying an additional 28 shares during the period. ARGA Investment Management LP raised its stake in Capital One Financial by 0.3% during the 2nd quarter. ARGA Investment Management LP now owns 11,002 shares of the financial services provider’s stock worth $909,000 after buying an additional 32 shares during the period. Linscomb & Williams Inc. raised its stake in Capital One Financial by 1.1% during the 2nd quarter. Linscomb & Williams Inc. now owns 2,953 shares of the financial services provider’s stock worth $244,000 after buying an additional 33 shares during the period. Northern Capital Management LLC raised its stake in shares of Capital One Financial by 0.6% in the 2nd quarter. Northern Capital Management LLC now owns 18,974 shares of the financial services provider’s stock valued at $1,568,000 after purchasing an additional 110 shares during the period. Finally, Calamos Wealth Management LLC raised its stake in shares of Capital One Financial by 0.8% in the 2nd quarter. Calamos Wealth Management LLC now owns 14,228 shares of the financial services provider’s stock valued at $1,176,000 after purchasing an additional 113 shares during the period. 88.37% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director Mayo A. Shattuck III sold 24,167 shares of Capital One Financial stock in a transaction dated Friday, October 27th. The stock was 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Slocum sold 8,292 shares of Capital One Financial stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $91.99, for a total value 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 ninety days, insiders sold 43,514 shares of company stock worth $4,011,299. 1.73% of the stock is owned by company insiders.

Shares of Capital One Financial Corporation (COF) opened at $92.72 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $44,945.46, a PE ratio of 12.23, a P/E/G ratio of 1.38 and a beta of 1.29. Capital One Financial Corporation has a 12-month low of $76.05 and a 12-month high of $96.92.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.27. The business had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial had a return on equity of 8.25% and a net margin of 13.34%. Capital One Financial’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.03 earnings per share. research analysts expect that Capital One Financial Corporation will post 7.97 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Monday, November 13th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date was Friday, November 10th. Capital One Financial’s dividend payout ratio is currently 22.63%.

Several analysts have issued reports on the company. Compass Point assumed coverage on Capital One Financial in a research note on Thursday, August 10th. They issued a “neutral” rating and a $90.00 price target on the stock. Keefe, Bruyette & Woods set a $106.00 price target on Capital One Financial and gave the company a “buy” rating in a research note on Tuesday, August 15th. BidaskClub downgraded Capital One Financial from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th. Buckingham Research assumed coverage on Capital One Financial in a research note on Monday, October 2nd. They issued a “buy” rating and a $99.00 price target on the stock. Finally, Piper Jaffray Companies assumed coverage on Capital One Financial in a research note on Thursday, September 21st. They issued an “underweight” rating and a $81.00 price target 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 assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $95.52.

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Capital One Financial 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 (NYSE:COF)

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