Edgemoor Investment Advisors Inc. lessened its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 0.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 170,955 shares of the financial services provider’s stock after selling 1,240 shares during the period. Capital One Financial comprises 2.0% of Edgemoor Investment Advisors Inc.’s holdings, making the stock its 13th largest holding. Edgemoor Investment Advisors Inc.’s holdings in Capital One Financial were worth $14,473,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in COF. Davis Selected Advisers grew its position in shares of Capital One Financial by 112.8% during the 2nd quarter. Davis Selected Advisers now owns 8,061,905 shares of the financial services provider’s stock worth $666,075,000 after purchasing an additional 4,274,053 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Capital One Financial by 107.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,989,104 shares of the financial services provider’s stock worth $164,340,000 after acquiring an additional 1,031,829 shares in the last quarter. Pzena Investment Management LLC boosted its position in shares of Capital One Financial by 28.1% during the 2nd quarter. Pzena Investment Management LLC now owns 4,041,646 shares of the financial services provider’s stock worth $333,921,000 after acquiring an additional 885,934 shares in the last quarter. Capital World Investors boosted its position in shares of Capital One Financial by 2.3% during the 2nd quarter. Capital World Investors now owns 38,396,005 shares of the financial services provider’s stock worth $3,172,278,000 after acquiring an additional 849,047 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Capital One Financial by 153.3% during the 2nd quarter. Renaissance Technologies LLC now owns 989,099 shares of the financial services provider’s stock worth $81,719,000 after acquiring an additional 598,600 shares in the last quarter. Hedge funds and other institutional investors own 86.77% of the company’s stock.

COF has been the topic of several analyst reports. Morgan Stanley lowered shares of Capital One Financial from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $97.00 to $83.00 in a research report on Friday, September 8th. Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $102.00 price target on the stock in a research report on Friday, October 27th. Robert W. Baird reiterated a “hold” rating and set a $84.00 price target on shares of Capital One Financial in a research report on Tuesday, September 5th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $106.00 price target on shares of Capital One Financial in a research report on Friday, September 15th. Finally, Bank of America Corporation increased their price target on shares of Capital One Financial from $89.00 to $91.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $95.52.

In other news, Director Ann F. Hackett sold 11,055 shares of the firm’s stock in a transaction on 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 transaction, the director now owns 69,066 shares of the company’s stock, valued at $6,297,437.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mayo A. Shattuck III sold 24,167 shares of the firm’s stock in a transaction on 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 transaction, the director now directly owns 59,613 shares of the company’s stock, valued at approximately $5,526,721.23. The disclosure for this sale can be found here. In the last three months, insiders sold 43,514 shares of company stock valued at $4,011,299. 1.73% of the stock is owned by insiders.

Capital One Financial Corporation (NYSE COF) opened at $87.38 on Monday. The company has a market cap of $42,356.93, a P/E ratio of 11.53, a P/E/G ratio of 1.31 and a beta of 1.30. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.07 and a quick ratio of 1.06. Capital One Financial Corporation has a 52 week low of $76.05 and a 52 week high of $96.92.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data 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 business had revenue of $6.99 billion during the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. The firm’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.03 EPS. equities analysts expect that Capital One Financial Corporation will post 7.97 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Monday, November 13th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.83%. The ex-dividend date was Friday, November 10th. Capital One Financial’s payout ratio is 22.63%.

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About Capital One Financial

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.

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

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