Capital One Financial Corporation $COF Shares Bought by Burney Co.

Burney Co. raised its position in Capital One Financial Corporation (NYSE:COF) by 210.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 250,622 shares of the financial services provider’s stock after acquiring an additional 169,899 shares during the quarter. Capital One Financial makes up approximately 1.8% of Burney Co.’s portfolio, making the stock its 5th biggest position. Burney Co. owned 0.07% of Capital One Financial worth $53,322,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of COF. Earned Wealth Advisors LLC acquired a new position in Capital One Financial during the second quarter worth $254,000. Plancorp LLC acquired a new position in Capital One Financial during the second quarter worth $272,000. Private Advisor Group LLC grew its holdings in Capital One Financial by 15.3% during the first quarter. Private Advisor Group LLC now owns 9,904 shares of the financial services provider’s stock worth $1,776,000 after acquiring an additional 1,312 shares during the period. Mutual Advisors LLC acquired a new position in Capital One Financial during the first quarter worth $215,000. Finally, Callodine Capital Management LP grew its holdings in Capital One Financial by 200.0% during the first quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock worth $26,895,000 after acquiring an additional 100,000 shares during the period. 89.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Richard D. Fairbank sold 103,486 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $225.68, for a total value of $23,354,720.48. Following 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction 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 completion of the sale, the general counsel owned 98,486 shares in the company, valued at $20,878,047.14. This represents a 1.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 111,155 shares of company stock worth $24,998,080 over the last three months. 1.26% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Citigroup upped their price objective on Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Wolfe Research upped their target price on Capital One Financial from $260.00 to $262.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Royal Bank Of Canada upped their target price on Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a report on Wednesday, July 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Capital One Financial in a report on Wednesday, October 8th. Finally, Zacks Research raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Friday, October 24th. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Capital One Financial Stock Up 0.8%

Shares of NYSE:COF opened at $220.10 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45. The stock’s fifty day simple moving average is $219.83 and its 200-day simple moving average is $208.11. The company has a market capitalization of $140.76 billion, a P/E ratio of 92.87, a P/E/G ratio of 0.70 and a beta of 1.18.

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