Hotchkis & Wiley Capital Management LLC Sells 29,460 Shares of Capital One Financial Co. (NYSE:COF)

Hotchkis & Wiley Capital Management LLC lessened its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 3.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 919,665 shares of the financial services provider's stock after selling 29,460 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned about 0.24% of Capital One Financial worth $137,701,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in shares of Capital One Financial by 338.5% during the first quarter. Cetera Investment Advisers now owns 42,673 shares of the financial services provider's stock worth $6,354,000 after purchasing an additional 32,942 shares in the last quarter. Cetera Advisors LLC increased its position in shares of Capital One Financial by 114.0% during the first quarter. Cetera Advisors LLC now owns 7,948 shares of the financial services provider's stock worth $1,183,000 after acquiring an additional 4,234 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of Capital One Financial by 391.5% in the second quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider's stock worth $40,000 after acquiring an additional 231 shares in the last quarter. Park Avenue Securities LLC boosted its holdings in Capital One Financial by 29.2% in the second quarter. Park Avenue Securities LLC now owns 20,238 shares of the financial services provider's stock valued at $2,802,000 after purchasing an additional 4,579 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of Capital One Financial by 6.0% during the 2nd quarter. CWM LLC now owns 7,619 shares of the financial services provider's stock valued at $1,055,000 after buying an additional 431 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the company's stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares of the company's stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares of the company's stock, valued at $7,153,760. The trade was a 26.05 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is owned by company insiders.

Capital One Financial Price Performance

Capital One Financial stock traded down $0.47 during mid-day trading on Tuesday, reaching $187.05. The company had a trading volume of 2,355,033 shares, compared to its average volume of 3,386,355. Capital One Financial Co. has a fifty-two week low of $112.64 and a fifty-two week high of $198.30. The company has a market cap of $71.36 billion, a P/E ratio of 17.66, a P/E/G ratio of 1.37 and a beta of 1.45. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The business has a fifty day simple moving average of $166.58 and a 200 day simple moving average of $149.52.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 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 analyst estimates of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.45 EPS. On average, equities research analysts predict that Capital One Financial Co. will post 13.54 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Thursday, November 14th. Capital One Financial's dividend payout ratio is currently 22.66%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on COF. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $156.00 to $157.00 and gave the company a "neutral" rating in a report on Monday, October 7th. Barclays increased their price objective on Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Citigroup assumed coverage on shares of Capital One Financial in a report on Friday, September 20th. They issued a "buy" rating and a $190.00 price objective for the company. Robert W. Baird upped their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group lifted their price objective on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $160.18.

Capital One Financial Profile

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.