Capital One Financial Co. (NYSE:COF) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. decreased its holdings in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 23.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,225 shares of the financial services provider's stock after selling 6,544 shares during the period. Oppenheimer & Co. Inc.'s holdings in Capital One Financial were worth $3,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Asset Management One Co. Ltd. lifted its holdings in Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider's stock valued at $21,976,000 after purchasing an additional 7,331 shares in the last quarter. CWA Asset Management Group LLC bought a new stake in shares of Capital One Financial during the 3rd quarter valued at $1,649,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of Capital One Financial by 21.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider's stock valued at $4,093,000 after buying an additional 4,840 shares in the last quarter. Clear Harbor Asset Management LLC bought a new position in Capital One Financial in the 2nd quarter worth $511,000. Finally, QRG Capital Management Inc. increased its stake in Capital One Financial by 3.2% in the 2nd quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider's stock worth $16,927,000 after buying an additional 3,776 shares in the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the business's stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares in the company, valued at $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now directly 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. In the last quarter, insiders have sold 29,007 shares of company stock valued at $4,982,647. Insiders own 1.30% of the company's stock.

Capital One Financial Stock Up 1.2 %

Shares of NYSE COF traded up $2.14 during trading hours on Friday, hitting $185.14. 4,122,382 shares of the stock were exchanged, compared to its average volume of 2,575,321. The firm has a fifty day moving average price of $157.74 and a 200-day moving average price of $146.34. The company has a market cap of $70.63 billion, a PE ratio of 17.48, a PEG ratio of 1.38 and a beta of 1.43. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 12 month low of $104.21 and a 12 month high of $198.30.

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 for the quarter, topping the consensus estimate of $3.70 by $0.81. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business earned $4.45 EPS. On average, sell-side analysts expect that Capital One Financial Co. will post 13.46 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Thursday, November 14th. Capital One Financial's dividend payout ratio (DPR) is presently 22.66%.

Analyst Ratings Changes

COF has been the topic of several research analyst reports. Barclays boosted their price objective on Capital One Financial from $154.00 to $158.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 8th. Evercore ISI upped their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an "in-line" rating in a research note on Wednesday, October 30th. Citigroup assumed coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a "buy" rating and a $190.00 price objective for the company. Robert W. Baird lifted their target price on Capital One Financial from $145.00 to $150.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Finally, Bank of America increased their price target on Capital One Financial from $158.00 to $161.00 and gave the company a "buy" rating in a research note on Wednesday, July 24th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $156.35.

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.