Newman Dignan & Sheerar Inc. lowered its position in Capital One Financial Corp. (NYSE:COF) by 2.2% during the first quarter, HoldingsChannel reports. The firm owned 12,150 shares of the financial services provider’s stock after selling 274 shares during the period. Newman Dignan & Sheerar Inc.’s holdings in Capital One Financial were worth $993,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in COF. Cerebellum GP LLC increased its stake in shares of Capital One Financial by 6.8% in the 4th quarter. Cerebellum GP LLC now owns 2,037 shares of the financial services provider’s stock worth $154,000 after acquiring an additional 130 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of Capital One Financial by 2.0% in the 4th quarter. Van ECK Associates Corp now owns 6,868 shares of the financial services provider’s stock worth $519,000 after acquiring an additional 132 shares during the last quarter. Investment Counselors of Maryland LLC increased its stake in shares of Capital One Financial by 0.7% in the 4th quarter. Investment Counselors of Maryland LLC now owns 22,824 shares of the financial services provider’s stock worth $1,725,000 after acquiring an additional 150 shares during the last quarter. Sky Investment Group LLC increased its stake in shares of Capital One Financial by 4.6% in the 4th quarter. Sky Investment Group LLC now owns 3,746 shares of the financial services provider’s stock worth $283,000 after acquiring an additional 166 shares during the last quarter. Finally, Reliance Trust Co. of Delaware increased its stake in shares of Capital One Financial by 2.2% in the 4th quarter. Reliance Trust Co. of Delaware now owns 8,087 shares of the financial services provider’s stock worth $611,000 after acquiring an additional 177 shares during the last quarter. Institutional investors own 89.40% of the company’s stock.

NYSE COF opened at $85.10 on Wednesday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.02 and a quick ratio of 1.01. The stock has a market capitalization of $39.94 billion, a price-to-earnings ratio of 7.82, a PEG ratio of 0.87 and a beta of 1.26. Capital One Financial Corp. has a 1-year low of $69.90 and a 1-year high of $101.26.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 22nd. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.41 by ($0.54). The company had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $7.07 billion. Capital One Financial had a net margin of 18.58% and a return on equity of 11.05%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.59 EPS. On average, sell-side analysts forecast that Capital One Financial Corp. will post 11.05 earnings per share for the current fiscal year.

A number of analysts recently issued reports on COF shares. Zacks Investment Research raised Capital One Financial from a “hold” rating to a “buy” rating and set a $90.00 price objective for the company in a research report on Tuesday, January 8th. Oppenheimer reissued a “market perform” rating on shares of Capital One Financial in a research report on Wednesday, January 23rd. Nomura cut their price objective on Capital One Financial to $90.00 and set a “neutral” rating for the company in a research report on Wednesday, January 23rd. Wells Fargo & Co cut their price objective on Capital One Financial from $103.00 to $90.00 and set an “outperform” rating for the company in a research report on Thursday, January 3rd. Finally, Wedbush downgraded Capital One Financial to a “sell” rating and set a $80.00 price objective for the company. in a research report on Thursday, December 20th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Capital One Financial has an average rating of “Hold” and an average target price of $104.07.

In other news, insider Kleber Santos sold 2,928 shares of Capital One Financial stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $84.54, for a total value of $247,533.12. Following the completion of the transaction, the insider now owns 19,454 shares in the company, valued at approximately $1,644,641.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.43% of the company’s stock.

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About Capital One Financial

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corp. (NYSE:COF).

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

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