Capital One Financial Co. (NYSE:COF) Shares Bought by CENTRAL TRUST Co

CENTRAL TRUST Co increased its holdings in Capital One Financial Co. (NYSE:COF) by 15.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,812 shares of the financial services provider’s stock after buying an additional 522 shares during the quarter. CENTRAL TRUST Co’s holdings in Capital One Financial were worth $680,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in COF. Western Pacific Wealth Management LP lifted its position in shares of Capital One Financial by 28.8% during the 4th quarter. Western Pacific Wealth Management LP now owns 3,420 shares of the financial services provider’s stock valued at $610,000 after buying an additional 765 shares in the last quarter. Greenleaf Trust increased its position in shares of Capital One Financial by 1.9% during the 4th quarter. Greenleaf Trust now owns 10,688 shares of the financial services provider’s stock worth $1,906,000 after purchasing an additional 203 shares during the last quarter. Golden State Equity Partners increased its position in shares of Capital One Financial by 110.0% during the 4th quarter. Golden State Equity Partners now owns 2,772 shares of the financial services provider’s stock worth $494,000 after purchasing an additional 1,452 shares during the last quarter. Spire Wealth Management increased its position in shares of Capital One Financial by 14.7% during the 4th quarter. Spire Wealth Management now owns 5,609 shares of the financial services provider’s stock worth $1,000,000 after purchasing an additional 717 shares during the last quarter. Finally, Richardson Financial Services Inc. grew its position in Capital One Financial by 27.2% in the 4th quarter. Richardson Financial Services Inc. now owns 2,767 shares of the financial services provider’s stock valued at $492,000 after acquiring an additional 592 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Royal Bank of Canada lifted their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Evercore ISI boosted their price objective on 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. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and lowered their target price for the company from $203.00 to $200.00 in a report on Monday, December 9th. Nine analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.31.

Capital One Financial Stock Down 1.3 %

Capital One Financial stock opened at $200.99 on Tuesday. The firm has a market cap of $76.62 billion, a PE ratio of 17.34, a P/E/G ratio of 1.24 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm’s 50 day moving average price is $187.16 and its two-hundred day moving average price is $164.88. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $208.63.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.81 earnings per share. On average, research analysts predict that Capital One Financial Co. will post 15.44 EPS for the current fiscal year.

Insider Activity

In other Capital One Financial news, insider Kara West sold 721 shares of the stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the sale, the insider now owns 12,929 shares of the company’s stock, valued at $2,388,374.17. This represents a 5.28 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 transaction of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Corporate 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.