Clarkston Capital Partners LLC Has $41.52 Million Position in Capital One Financial Co. (NYSE:COF)

Clarkston Capital Partners LLC lessened its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 1.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 277,292 shares of the financial services provider's stock after selling 4,080 shares during the quarter. Capital One Financial accounts for 0.8% of Clarkston Capital Partners LLC's portfolio, making the stock its 28th largest position. Clarkston Capital Partners LLC owned 0.07% of Capital One Financial worth $41,519,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. LRI Investments LLC acquired a new position in Capital One Financial in the first quarter worth $25,000. Y.D. More Investments Ltd acquired a new position in shares of Capital One Financial in the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at about $29,000. Unique Wealth Strategies LLC acquired a new stake in Capital One Financial during the second quarter worth about $36,000. Finally, Catalyst Capital Advisors LLC bought a new position in Capital One Financial in the third quarter worth about $36,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Trading Down 1.2 %

COF stock traded down $2.28 during mid-day trading on Monday, reaching $182.86. 2,501,391 shares of the stock traded hands, compared to its average volume of 2,575,045. Capital One Financial Co. has a 52-week low of $105.39 and a 52-week high of $198.30. The stock's fifty day moving average is $157.74 and its 200-day moving average is $146.39. The company has a market cap of $69.76 billion, a P/E ratio of 17.38, a P/E/G ratio of 1.37 and a beta of 1.43. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company's revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $4.45 EPS. As a group, sell-side analysts expect that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.31%. Capital One Financial's dividend payout ratio is 22.66%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Barclays upped their target price on Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a report on Tuesday, October 8th. Bank of America upped their price objective on Capital One Financial from $158.00 to $161.00 and gave the stock a "buy" rating in a research note on Wednesday, July 24th. Evercore ISI raised their target price on Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Royal Bank of Canada upped their price target on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a "neutral" rating in a report on Monday, October 7th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of "Hold" and an average target price of $156.35.

Insiders Place Their Bets

In other news, insider Frank G. LapradeIii sold 15,751 shares of the firm's stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the sale, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the firm's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,007 shares of company stock valued at $4,982,647 over the last ninety days. Corporate insiders own 1.30% of the company's stock.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.