Capital One Financial Corporation (COF) Shares Sold by Flippin Bruce & Porter Inc.

Flippin Bruce & Porter Inc. lessened its holdings in Capital One Financial Corporation (NYSE:COF) by 3.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 32,200 shares of the financial services provider’s stock after selling 1,200 shares during the quarter. Flippin Bruce & Porter Inc.’s holdings in Capital One Financial Corporation were worth $2,726,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Savant Capital LLC grew its position in Capital One Financial Corporation by 0.9% in the 2nd quarter. Savant Capital LLC now owns 3,213 shares of the financial services provider’s stock valued at $265,000 after acquiring an additional 28 shares during the last quarter. ARGA Investment Management LP grew its position in Capital One Financial Corporation by 0.3% in the 2nd quarter. ARGA Investment Management LP now owns 11,002 shares of the financial services provider’s stock valued at $909,000 after acquiring an additional 32 shares during the last quarter. Linscomb & Williams Inc. grew its position in Capital One Financial Corporation by 1.1% in the 2nd quarter. Linscomb & Williams Inc. now owns 2,953 shares of the financial services provider’s stock valued at $244,000 after acquiring an additional 33 shares during the last quarter. Union Bankshares Corp grew its position in Capital One Financial Corporation by 1.0% in the 2nd quarter. Union Bankshares Corp now owns 8,814 shares of the financial services provider’s stock valued at $728,000 after acquiring an additional 86 shares during the last quarter. Finally, Northern Capital Management LLC grew its position in Capital One Financial Corporation 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 acquiring an additional 110 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors.

Capital One Financial Corporation (NYSE:COF) traded down $1.15 during trading on Tuesday, reaching $85.80. The company’s stock had a trading volume of 1,046,983 shares, compared to its average volume of 2,641,830. 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. The stock has a market capitalization of $42,245.46, a PE ratio of 11.50, a PEG ratio of 1.30 and a beta of 1.30.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 24th. Shareholders of record on Monday, November 13th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend is Friday, November 10th. Capital One Financial Corporation’s dividend payout ratio (DPR) is presently 22.63%.

In other Capital One Financial Corporation news, Director Mayo A. Shattuck III sold 24,167 shares of the stock in a transaction dated Friday, October 27th. The stock was 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 directly 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 at 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 value of $762,781.08. Following the completion of the sale, the insider now owns 53,613 shares of the company’s stock, valued at $4,931,859.87. The disclosure for this sale can be found here. Over 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 company insiders.

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COF has been the topic of several research analyst reports. UBS AG raised Capital One Financial Corporation from an “underperform” rating to a “market perform” rating in a research report on Friday, July 21st. Oppenheimer Holdings, Inc. raised Capital One Financial Corporation from an “underperform” rating to a “market perform” rating and set a $82.00 price objective on the stock in a research report on Friday, July 21st. CIBC raised Capital One Financial Corporation from an “underperform” rating to a “market perform” rating in a research report on Friday, July 21st. Barclays PLC reaffirmed an “overweight” rating and issued a $105.00 price objective on shares of Capital One Financial Corporation in a research report on Saturday, July 22nd. Finally, Wedbush reiterated a “sell” rating on shares of Capital One Financial Corporation in a report on Saturday, July 22nd. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $95.00.

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.

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

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