Capital One Financial Co. (NYSE:COF) Shares Purchased by Money Concepts Capital Corp

Money Concepts Capital Corp lifted its stake in Capital One Financial Co. (NYSE:COF) by 4.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,565 shares of the financial services provider’s stock after purchasing an additional 61 shares during the period. Money Concepts Capital Corp’s holdings in Capital One Financial were worth $279,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Asset Management One Co. Ltd. increased its stake in Capital One Financial by 5.3% during the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after acquiring an additional 7,331 shares during the last quarter. Principal Financial Group Inc. increased its stake in Capital One Financial by 4.3% during the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after acquiring an additional 17,825 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in Capital One Financial during the third quarter worth $1,649,000. Catalina Capital Group LLC increased its stake in Capital One Financial by 8.1% during the third quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock worth $241,000 after acquiring an additional 121 shares during the last quarter. Finally, Dai ichi Life Insurance Company Ltd increased its stake in Capital One Financial by 36.8% during the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock worth $1,671,000 after acquiring an additional 3,000 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on COF shares. Wells Fargo & Company raised 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. Barclays raised their target price on Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Keefe, Bruyette & Woods raised 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. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $196.31.

Capital One Financial Trading Up 1.5 %

NYSE:COF opened at $206.93 on Friday. The firm has a market cap of $78.89 billion, a PE ratio of 17.85, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47. The stock has a fifty day moving average price of $187.77 and a 200 day moving average price of $165.89. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $208.63. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.81 EPS. Sell-side analysts anticipate that Capital One Financial Co. will post 15.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of Capital One Financial 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 completion of the sale, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. The trade was a 28.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.30% of the stock is owned by company insiders.

Capital One Financial 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.