Money Concepts Capital Corp Boosts Stock Position in Capital One Financial Co. (NYSE:COF)

Money Concepts Capital Corp raised its position in shares of Capital One Financial Co. (NYSE:COF) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,565 shares of the financial services provider’s stock after purchasing an additional 61 shares during the quarter. 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 large investors have also added to or reduced their stakes in the company. Grove Bank & Trust grew its stake in Capital One Financial by 7.0% during the 4th quarter. Grove Bank & Trust now owns 973 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 64 shares during the last quarter. Cerro Pacific Wealth Advisors LLC grew its stake in Capital One Financial by 1.1% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 5,861 shares of the financial services provider’s stock valued at $1,045,000 after purchasing an additional 64 shares during the last quarter. Prossimo Advisors LLC grew its stake in Capital One Financial by 2.4% during the 3rd quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock valued at $410,000 after purchasing an additional 65 shares during the last quarter. City Holding Co. grew its stake in Capital One Financial by 1.3% during the 4th quarter. City Holding Co. now owns 5,010 shares of the financial services provider’s stock valued at $893,000 after purchasing an additional 65 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its stake in Capital One Financial by 3.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.30% of the stock is owned by company insiders.

Capital One Financial Price Performance

NYSE:COF opened at $206.93 on Friday. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $208.63. The stock has a 50 day moving average of $187.77 and a two-hundred day moving average of $165.89. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market cap of $78.89 billion, a P/E ratio of 17.85, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data 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. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same period in the previous year, the business earned $2.81 EPS. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. On average, analysts expect that Capital One Financial Co. will post 15.44 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on COF. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $168.00 to $235.00 in a report on Monday, January 13th. Royal Bank of Canada boosted their price objective on Capital One Financial from $190.00 to $200.00 and gave the company a “sector perform” rating in a report on Wednesday, January 22nd. Keefe, Bruyette & Woods boosted 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. Finally, Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $203.00 to $200.00 in a report on Monday, December 9th. Nine research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $196.31.

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.