Valeo Financial Advisors LLC raised its position in Capital One Financial Corp. (NYSE:COF) by 38.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,436 shares of the financial services provider’s stock after buying an additional 400 shares during the period. Valeo Financial Advisors LLC’s holdings in Capital One Financial were worth $148,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of COF. Hexavest Inc. bought a new position in shares of Capital One Financial in the fourth quarter valued at approximately $39,709,000. Atalanta Sosnoff Capital LLC acquired a new position in shares of Capital One Financial in the 3rd quarter worth approximately $34,796,000. Railway Pension Investments Ltd grew its position in Capital One Financial by 366.1% during the 3rd quarter. Railway Pension Investments Ltd now owns 469,109 shares of the financial services provider’s stock worth $42,679,000 after acquiring an additional 368,474 shares during the last quarter. Man Group plc grew its position in Capital One Financial by 77.4% during the 3rd quarter. Man Group plc now owns 660,778 shares of the financial services provider’s stock worth $60,119,000 after acquiring an additional 288,374 shares during the last quarter. Finally, Fisher Asset Management LLC grew its position in Capital One Financial by 27.9% during the 3rd quarter. Fisher Asset Management LLC now owns 1,250,743 shares of the financial services provider’s stock worth $113,793,000 after acquiring an additional 272,758 shares during the last quarter. 89.03% of the stock is currently owned by hedge funds and other institutional investors.
Several equities analysts have issued reports on COF shares. BMO Capital Markets cut their price objective on Capital One Financial from $153.00 to $145.00 and set an “outperform” rating for the company in a research report on Wednesday, January 22nd. Barclays restated a “buy” rating and set a $136.00 target price on shares of Capital One Financial in a report on Tuesday, January 7th. Nomura increased their target price on Capital One Financial from $108.00 to $111.00 and gave the stock a “neutral” rating in a report on Wednesday, January 22nd. Morgan Stanley restated a “hold” rating and issued a $104.00 target price on shares of Capital One Financial in a research note on Tuesday, October 29th. Finally, Citigroup lifted their price target on Capital One Financial from $100.00 to $120.00 and gave the company a “buy” rating in a report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $114.77.
In other Capital One Financial news, Director Bradford H. Warner sold 8,113 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $104.36, for a total value of $846,672.68. Following the sale, the director now owns 47,543 shares in the company, valued at approximately $4,961,587.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Yajnik Sanjiv sold 57,616 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $105.00, for a total value of $6,049,680.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 294,951 shares of company stock worth $29,669,374. 1.43% of the stock is currently owned by insiders.
Capital One Financial stock opened at $104.30 on Monday. The stock has a market cap of $48.57 billion, a price-to-earnings ratio of 9.45, a P/E/G ratio of 1.02 and a beta of 1.29. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.95. Capital One Financial Corp. has a 12-month low of $76.82 and a 12-month high of $107.59. The business’s 50-day simple moving average is $102.98 and its 200 day simple moving average is $94.46.
Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $2.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.35 by $0.14. Capital One Financial had a net margin of 16.40% and a return on equity of 10.67%. The firm had revenue of $7.40 billion for the quarter, compared to analysts’ expectations of $7.32 billion. During the same period last year, the firm earned $1.87 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, sell-side analysts expect that Capital One Financial Corp. will post 11.69 EPS for the current year.
About Capital One Financial
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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