Advisory Alpha LLC Purchases 300 Shares of Capital One Financial Corporation $COF

Advisory Alpha LLC boosted its position in Capital One Financial Corporation (NYSE:COF) by 18.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,946 shares of the financial services provider’s stock after acquiring an additional 300 shares during the period. Advisory Alpha LLC’s holdings in Capital One Financial were worth $414,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its stake in Capital One Financial by 588,668.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after acquiring an additional 117,427,549 shares during the period. Vanguard Group Inc. raised its stake in Capital One Financial by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 32,250,923 shares of the financial services provider’s stock valued at $5,782,590,000 after acquiring an additional 506,105 shares during the period. Bank of New York Mellon Corp raised its stake in Capital One Financial by 23.7% in the 1st quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock valued at $889,519,000 after acquiring an additional 950,415 shares during the period. Goldman Sachs Group Inc. raised its stake in Capital One Financial by 18.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,766,573 shares of the financial services provider’s stock valued at $854,647,000 after acquiring an additional 734,939 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Capital One Financial by 45.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider’s stock valued at $838,609,000 after acquiring an additional 1,454,595 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. UBS Group decreased their price target on Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. The Goldman Sachs Group upped their price target on Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Morgan Stanley upped their price target on Capital One Financial from $267.00 to $272.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Evercore ISI upped their price target on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Tuesday, September 30th. Finally, BTIG Research reiterated a “buy” rating and set a $264.00 price target on shares of Capital One Financial in a research report on Wednesday, October 22nd. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Capital One Financial Stock Down 1.2%

COF stock opened at $218.34 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. The company’s 50 day moving average is $219.73 and its 200 day moving average is $206.99. The stock has a market cap of $139.63 billion, a price-to-earnings ratio of 92.13, a price-to-earnings-growth ratio of 0.71 and a beta of 1.18. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, topping the consensus estimate of $4.25 by $1.70. The company had revenue of $15.36 billion for the quarter, compared to analysts’ expectations of $15.06 billion. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. Capital One Financial’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same period in the prior year, the business earned $4.51 earnings per share. Sell-side analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Insider Activity at Capital One Financial

In related news, insider Michael Zamsky sold 5,515 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the transaction, the insider directly owned 27,364 shares in the company, valued at approximately $5,735,220.76. This represents a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Timothy P. Golden sold 3,462 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total value of $727,989.36. Following the completion of the sale, the chief accounting officer directly owned 8,987 shares of the company’s stock, valued at approximately $1,889,786.36. This represents a 27.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 116,670 shares of company stock valued at $26,153,969 in the last ninety days. 1.26% of the stock is currently owned by company 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.