Financial Strategies Group Inc. Reduces Holdings in Capital One Financial Co. (NYSE:COF)

Financial Strategies Group Inc. trimmed its stake in Capital One Financial Co. (NYSE:COF) by 11.6% during the fourth quarter, according to its most recent 13F 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 period. Capital One Financial makes up 1.7% of Financial Strategies Group Inc.’s investment portfolio, making the stock its 19th largest holding. 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).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Catalina Capital Group LLC boosted its holdings in shares of Capital One Financial by 8.3% in the fourth 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 in the last quarter. CENTRAL TRUST Co lifted its stake in shares of Capital One Financial by 15.9% in the fourth quarter. CENTRAL TRUST Co now owns 3,812 shares of the financial services provider’s stock valued at $680,000 after purchasing an additional 522 shares during the period. Western Pacific Wealth Management LP lifted its stake in shares of Capital One Financial by 28.8% in the fourth quarter. Western Pacific Wealth Management LP now owns 3,420 shares of the financial services provider’s stock valued at $610,000 after purchasing an additional 765 shares during the period. Greenleaf Trust lifted its stake in shares of Capital One Financial by 1.9% in the fourth quarter. Greenleaf Trust now owns 10,688 shares of the financial services provider’s stock valued at $1,906,000 after purchasing an additional 203 shares during the period. Finally, Golden State Equity Partners lifted its stake in shares of Capital One Financial by 110.0% in the fourth quarter. Golden State Equity Partners now owns 2,772 shares of the financial services provider’s stock valued at $494,000 after purchasing an additional 1,452 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on COF. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and raised their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Wells Fargo & Company lifted their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Robert W. Baird boosted their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $196.31.

Capital One Financial Price Performance

NYSE COF opened at $204.02 on Monday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $77.78 billion, a PE ratio of 17.60, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47. The company has a 50 day moving average price of $187.16 and a two-hundred day moving average price of $164.88. Capital One Financial Co. has a 12-month low of $128.23 and a 12-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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations 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 was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.81 earnings per share. As a group, equities analysts predict that Capital One Financial Co. will post 15.44 earnings per share for the current fiscal year.

Insider Buying and Selling at Capital One Financial

In other news, insider Kara West sold 721 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the sale, the insider now owns 12,929 shares in the company, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were 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 owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,256 shares of company stock worth $2,462,487 over the last ninety days. 1.30% of the stock is currently owned by insiders.

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.