Mediolanum International Funds Ltd Purchases New Holdings in Capital One Financial Co. (NYSE:COF)

Mediolanum International Funds Ltd purchased a new stake in Capital One Financial Co. (NYSE:COF) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 1,572 shares of the financial services provider’s stock, valued at approximately $279,000.

Several other institutional investors have also made changes to their positions in COF. FMR LLC boosted its stake in shares of Capital One Financial by 21.4% in the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after buying an additional 1,169,395 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $130,683,000. Wellington Management Group LLP boosted its stake in shares of Capital One Financial by 268.7% in the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock valued at $146,052,000 after buying an additional 710,881 shares during the period. Southpoint Capital Advisors LP bought a new stake in Capital One Financial during the third quarter worth $104,811,000. Finally, KBC Group NV lifted its stake in Capital One Financial by 282.2% during the fourth quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after purchasing an additional 460,339 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

COF has been the subject of several recent analyst reports. Keefe, Bruyette & Woods upped their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and cut their target price for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Wells Fargo & Company upped their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. The Goldman Sachs Group upped their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Argus upgraded Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $196.31.

Capital One Financial Stock Performance

NYSE COF opened at $204.02 on Monday. The company has a market capitalization of $77.78 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 1.25 and a beta of 1.46. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $208.63. The stock has a fifty day simple moving average of $187.16 and a 200 day simple moving average of $164.77. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.81 earnings per share. Sell-side analysts expect that Capital One Financial Co. will post 15.4 EPS for the current year.

Insiders Place Their Bets

In other Capital One Financial news, insider Kara West sold 721 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares in the company, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 owns 26,482 shares of the company’s stock, 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 sold 13,256 shares of company stock worth $2,462,487. Company 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.