Financial Strategies Group Inc. Sells 5,180 Shares of Capital One Financial Co. (NYSE:COF)

Financial Strategies Group Inc. cut its stake in Capital One Financial Co. (NYSE:COF) by 11.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,404 shares of the financial services provider’s stock after selling 5,180 shares during the quarter. Capital One Financial accounts for 1.7% of Financial Strategies Group Inc.’s holdings, making the stock its 19th biggest position. Financial Strategies Group Inc.’s holdings in Capital One Financial were worth $6,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Catalina Capital Group LLC increased its stake in shares of Capital One Financial by 8.3% in the 4th quarter. Catalina Capital Group LLC now owns 1,743 shares of the financial services provider’s stock valued at $311,000 after acquiring an additional 134 shares during the last quarter. CENTRAL TRUST Co boosted its position in Capital One Financial by 15.9% during the 4th quarter. CENTRAL TRUST Co now owns 3,812 shares of the financial services provider’s stock worth $680,000 after acquiring an additional 522 shares during the last quarter. Western Pacific Wealth Management LP boosted its position in 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 worth $610,000 after acquiring an additional 765 shares during the last quarter. Greenleaf Trust boosted its holdings in shares of Capital One Financial by 1.9% in the 4th quarter. Greenleaf Trust now owns 10,688 shares of the financial services provider’s stock valued at $1,906,000 after buying an additional 203 shares during the last quarter. Finally, Golden State Equity Partners boosted its holdings in shares of Capital One Financial by 110.0% in the 4th quarter. Golden State Equity Partners now owns 2,772 shares of the financial services provider’s stock valued at $494,000 after buying an additional 1,452 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the sale, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kara West sold 721 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,256 shares of company stock valued at $2,462,487 over the last 90 days. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the subject of several recent analyst reports. Keefe, Bruyette & Woods increased their price objective on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. The Goldman Sachs Group increased their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Finally, Royal Bank of Canada increased their price target 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. Nine investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $196.31.

Capital One Financial Trading Down 0.3 %

Shares of COF stock opened at $204.02 on Monday. The stock has a market capitalization of $77.78 billion, a PE ratio of 17.60, a P/E/G ratio of 1.24 and a beta of 1.47. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $208.63. The business has a 50-day moving average of $187.16 and a 200 day moving average of $164.88. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) 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 analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.81 earnings per share. As a group, sell-side analysts anticipate that Capital One Financial Co. will post 15.44 earnings per share for the current year.

Capital One Financial Company Profile

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.