Capital One Financial Corporation $COF Stock Holdings Lifted by Bank of Montreal Can

Bank of Montreal Can lifted its position in Capital One Financial Corporation (NYSE:COF) by 60.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 646,259 shares of the financial services provider’s stock after acquiring an additional 243,075 shares during the period. Bank of Montreal Can owned about 0.17% of Capital One Financial worth $137,498,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC grew its position in Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 62 shares in the last quarter. Olistico Wealth LLC grew its position in Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 101 shares in the last quarter. Atlantic Edge Private Wealth Management LLC grew its position in Capital One Financial by 66.7% during the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 50 shares in the last quarter. RMG Wealth Management LLC purchased a new position in Capital One Financial during the second quarter valued at approximately $27,000. Finally, Solstein Capital LLC purchased a new position in Capital One Financial during the second quarter valued at approximately $28,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

COF has been the topic of a number of research analyst reports. Evercore ISI boosted their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Tuesday, September 30th. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a research report on Friday, August 1st. They issued a “buy” rating and a $290.00 target price for the company. The Goldman Sachs Group boosted their target price on shares of Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a research report on Wednesday, October 22nd. Finally, Redburn Atlantic raised shares of Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. 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 stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $261.63.

Insider Transactions at Capital One Financial

In other news, CAO Timothy P. Golden sold 207 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the sale, the chief accounting officer directly owned 8,780 shares in the company, valued at approximately $1,891,299.80. The trade was a 2.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total transaction of $423,980.00. Following the completion of the sale, the general counsel owned 98,486 shares of the company’s stock, valued at $20,878,047.14. The trade was a 1.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 111,155 shares of company stock worth $24,998,080. 1.26% of the stock is owned by insiders.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $221.38 on Tuesday. The firm has a fifty day simple moving average of $219.84 and a 200-day simple moving average of $208.52. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. The stock has a market capitalization of $141.58 billion, a price-to-earnings ratio of 93.41, a PEG 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 for the quarter, topping analysts’ consensus estimates of $4.25 by $1.70. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The business had revenue of $15.36 billion during the quarter, compared to analysts’ expectations of $15.06 billion. During the same period in the previous year, the company earned $4.51 earnings per share. Capital One Financial’s revenue for the quarter was up 53.4% on a year-over-year basis. On average, sell-side analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

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.