Capital One Financial Co. (NYSE:COF) Stock Position Reduced by Valley National Advisers Inc.

Valley National Advisers Inc. decreased its stake in Capital One Financial Co. (NYSE:COF) by 16.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,617 shares of the financial services provider’s stock after selling 722 shares during the quarter. Valley National Advisers Inc.’s holdings in Capital One Financial were worth $644,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of COF. Decker Retirement Planning Inc. acquired a new stake in Capital One Financial during the fourth quarter valued at $32,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the 3rd quarter worth about $36,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares during the last quarter. Eastern Bank bought a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $44,000. Finally, Prospera Private Wealth LLC acquired a new position in Capital One Financial in the third quarter worth approximately $47,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Kara West sold 721 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the sale, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. This represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,256 shares of company stock worth $2,462,487. 1.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on COF. Hsbc Global Res raised shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Royal Bank of Canada increased their target price on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. Evercore ISI boosted their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $203.00 to $200.00 in a report on Monday, December 9th. Finally, JPMorgan Chase & Co. boosted their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $196.31.

Capital One Financial Trading Down 0.3 %

Shares of COF opened at $204.02 on Monday. The stock’s 50-day moving average price is $187.16 and its 200 day moving average price is $164.77. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $77.78 billion, a price-to-earnings ratio of 17.60, a P/E/G ratio of 1.25 and a beta of 1.46. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $208.63.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.81 earnings per share. As a group, research analysts predict that Capital One Financial Co. will post 15.4 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.