Capital One Financial Corporation $COF Holdings Boosted by Mission Wealth Management LP

Mission Wealth Management LP increased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 211.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,801 shares of the financial services provider’s stock after buying an additional 2,580 shares during the quarter. Mission Wealth Management LP’s holdings in Capital One Financial were worth $809,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of COF. Brighton Jones LLC grew its position in Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Mutual Advisors LLC purchased a new position in Capital One Financial during the first quarter valued at approximately $215,000. OneDigital Investment Advisors LLC grew its position in Capital One Financial by 39.5% during the first quarter. OneDigital Investment Advisors LLC now owns 4,287 shares of the financial services provider’s stock valued at $769,000 after purchasing an additional 1,213 shares in the last quarter. Capital Investment Advisory Services LLC purchased a new position in shares of Capital One Financial during the 1st quarter valued at $378,000. Finally, Wayfinding Financial LLC purchased a new position in shares of Capital One Financial during the 1st quarter valued at $67,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, CEO Richard D. Fairbank sold 103,486 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $225.68, for a total transaction of $23,354,720.48. Following the completion of the sale, the chief executive officer directly owned 4,051,228 shares in the company, valued at $914,281,135.04. This represents a 2.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total value of $423,980.00. Following the sale, the general counsel owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. The trade was a 1.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 111,155 shares of company stock worth $24,998,080 over the last ninety days. Company insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on COF. Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. The Goldman Sachs Group boosted their price target on Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Morgan Stanley boosted their price target on Capital One Financial from $267.00 to $272.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Zacks Research raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Finally, HSBC boosted their target price on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research report on Thursday, October 23rd. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Capital One Financial Stock Up 0.6%

Shares of Capital One Financial stock opened at $221.38 on Tuesday. The stock has a market capitalization of $141.58 billion, a P/E ratio of 93.41, a PEG ratio of 0.70 and a beta of 1.18. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The stock has a 50 day moving average price of $219.84 and a two-hundred day moving average price of $208.52. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month 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 (EPS) for the quarter, topping the consensus estimate of $4.25 by $1.70. The business had revenue of $15.36 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 53.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.51 EPS. Equities analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

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.