Fidelis Capital Partners LLC boosted its holdings in Capital One Financial Co. (NYSE:COF) by 7.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,665 shares of the financial services provider’s stock after buying an additional 243 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Capital One Financial were worth $565,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the business. LRI Investments LLC bought a new position in Capital One Financial during the 1st quarter worth approximately $25,000. Y.D. More Investments Ltd bought a new position in Capital One Financial during the 2nd quarter worth approximately $28,000. Hobbs Group Advisors LLC bought a new position in Capital One Financial during the 2nd quarter worth approximately $29,000. Unique Wealth Strategies LLC bought a new position in Capital One Financial during the 2nd quarter worth approximately $36,000. Finally, Versant Capital Management Inc raised its holdings in Capital One Financial by 391.5% during the 2nd quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 231 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on COF shares. Citigroup started coverage on shares of Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. Barclays lifted their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Royal Bank of Canada lifted their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Robert W. Baird lifted their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday, October 7th. Twelve investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $153.56.
Capital One Financial Stock Performance
NYSE COF opened at $166.82 on Thursday. Capital One Financial Co. has a 1 year low of $99.37 and a 1 year high of $167.93. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $63.42 billion, a price-to-earnings ratio of 13.06, a PEG ratio of 1.22 and a beta of 1.44. The company has a fifty day moving average price of $149.24 and a 200-day moving average price of $143.40.
Capital One Financial (NYSE:COF – Get Free Report) last posted its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the prior year, the business posted $4.45 EPS. The business’s revenue was up 6.8% compared to the same quarter last year. As a group, equities research analysts predict that Capital One Financial Co. will post 12.87 EPS for the current fiscal year.
Insider Transactions at Capital One Financial
In related news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the transaction, the insider now owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.
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.
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