Pathstone Holdings LLC Trims Holdings in Capital One Financial Co. (NYSE:COF)

Pathstone Holdings LLC cut its position in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 19.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,734 shares of the financial services provider's stock after selling 13,470 shares during the quarter. Pathstone Holdings LLC's holdings in Capital One Financial were worth $8,495,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Advisors Asset Management Inc. boosted its stake in Capital One Financial by 90.9% during the first quarter. Advisors Asset Management Inc. now owns 2,447 shares of the financial services provider's stock worth $364,000 after acquiring an additional 1,165 shares in the last quarter. Capital International Sarl bought a new position in Capital One Financial during the first quarter worth $349,000. Gabelli Funds LLC boosted its stake in Capital One Financial by 8.9% during the first quarter. Gabelli Funds LLC now owns 15,300 shares of the financial services provider's stock worth $2,278,000 after acquiring an additional 1,250 shares in the last quarter. LRI Investments LLC bought a new position in Capital One Financial during the first quarter worth $334,000. Finally, Lazard Asset Management LLC boosted its stake in Capital One Financial by 34.9% during the first quarter. Lazard Asset Management LLC now owns 29,900 shares of the financial services provider's stock worth $4,450,000 after acquiring an additional 7,734 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on COF. Evercore ISI raised their price objective on shares of 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. Robert W. Baird raised their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the company a "neutral" rating in a research note on Monday, October 7th. Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a "buy" rating and a $190.00 price target on the stock. Finally, The Goldman Sachs Group raised their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the company a "buy" rating in a research report on Tuesday. Eleven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $160.18.

Capital One Financial Trading Up 2.4 %

Shares of NYSE COF traded up $4.42 during mid-day trading on Friday, hitting $187.06. The stock had a trading volume of 2,024,601 shares, compared to its average volume of 2,574,579. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a 1 year low of $105.43 and a 1 year high of $198.30. The business has a 50 day moving average price of $161.19 and a two-hundred day moving average price of $147.44. The firm has a market cap of $71.37 billion, a P/E ratio of 17.66, a price-to-earnings-growth ratio of 1.32 and a beta of 1.43.

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

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Thursday, November 14th. Capital One Financial's payout ratio is currently 22.66%.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial 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 transaction, the insider now directly owns 19,776 shares of the company's stock, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the business's stock in a transaction on 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 transaction, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is currently owned by company insiders.

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.