Westside Investment Management Inc. Purchases 259 Shares of Capital One Financial Corporation $COF

Westside Investment Management Inc. boosted its position in shares of Capital One Financial Corporation (NYSE:COF) by 64.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 659 shares of the financial services provider’s stock after buying an additional 259 shares during the quarter. Westside Investment Management Inc.’s holdings in Capital One Financial were worth $141,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its holdings in Capital One Financial by 588,668.3% during 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 buying an additional 117,427,549 shares during the last quarter. Vanguard Group Inc. raised its holdings in Capital One Financial by 1.6% during 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 buying an additional 506,105 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Capital One Financial by 18.2% during 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 buying an additional 734,939 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Capital One Financial by 45.1% during 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 buying an additional 1,454,595 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Capital One Financial by 13.3% in the 1st quarter. Invesco Ltd. now owns 4,665,496 shares of the financial services provider’s stock worth $836,523,000 after purchasing an additional 548,052 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Insider Transactions at Capital One Financial

In other news, CAO Timothy P. Golden sold 207 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $215.41, for a total value of $44,589.87. Following the sale, the chief accounting officer directly owned 8,780 shares of the company’s stock, valued at $1,891,299.80. This represents a 2.30% decrease in their position. The transaction was disclosed in a 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 stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the sale, the general counsel directly owned 98,486 shares in the company, valued at $20,878,047.14. This trade represents a 1.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 111,155 shares of company stock valued at $24,998,080 in the last three months. 1.26% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have commented on the stock. HSBC upped their price objective on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. TD Cowen upped their price objective on shares of Capital One Financial from $258.00 to $261.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Capital One Financial in a report on Wednesday, October 8th. Rothschild & Co Redburn assumed coverage on shares of Capital One Financial in a report on Friday, August 1st. They issued a “buy” rating and a $290.00 price objective for the company. Finally, Wolfe Research upped their price objective on shares of Capital One Financial from $260.00 to $262.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Stock Up 0.6%

NYSE:COF opened at $221.38 on Tuesday. The firm’s 50-day moving average price is $219.84 and its 200-day moving average price is $208.52. The company has a market capitalization of $141.58 billion, a PE ratio of 93.41, a P/E/G ratio of 0.70 and a beta of 1.18. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. 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 released its earnings results 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. The firm had revenue of $15.36 billion for 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%. The company’s 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. On average, equities analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current fiscal 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.