State of Alaska Department of Revenue Cuts Position in Capital One Financial Co. (NYSE:COF)

State of Alaska Department of Revenue trimmed its holdings in shares of Capital One Financial Co. (NYSE:COF) by 5.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 75,547 shares of the financial services provider’s stock after selling 4,076 shares during the quarter. State of Alaska Department of Revenue’s holdings in Capital One Financial were worth $13,470,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Czech National Bank raised its stake in shares of Capital One Financial by 6.8% during the 3rd quarter. Czech National Bank now owns 77,788 shares of the financial services provider’s stock worth $11,647,000 after purchasing an additional 4,975 shares during the period. Mather Group LLC. raised its position in Capital One Financial by 37.9% in the third quarter. Mather Group LLC. now owns 1,106 shares of the financial services provider’s stock worth $166,000 after acquiring an additional 304 shares during the period. Bangor Savings Bank boosted its stake in Capital One Financial by 20.8% in the third quarter. Bangor Savings Bank now owns 448 shares of the financial services provider’s stock valued at $67,000 after acquiring an additional 77 shares during the last quarter. City Holding Co. grew its position in shares of Capital One Financial by 3.1% during the 3rd quarter. City Holding Co. now owns 4,945 shares of the financial services provider’s stock valued at $740,000 after acquiring an additional 150 shares during the period. Finally, Brookstone Capital Management increased its stake in shares of Capital One Financial by 4.1% during the 3rd quarter. Brookstone Capital Management now owns 4,354 shares of the financial services provider’s stock worth $652,000 after purchasing an additional 173 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

COF has been the topic of several research analyst reports. UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and upped their price objective for the company from $168.00 to $235.00 in a research note on Monday, January 13th. Evercore ISI increased their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Barclays upped their price objective on shares of Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. Finally, Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Nine research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $196.31.

Insider Buying and Selling at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction dated 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 transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % 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. Company insiders own 1.30% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $203.84 on Thursday. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $77.71 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 1.24 and a beta of 1.47. The company’s fifty day moving average price is $187.52 and its 200-day moving average price is $165.62.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. The firm had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.81 earnings per share. On average, equities research analysts anticipate that Capital One Financial Co. will post 15.44 earnings per share for the current fiscal year.

Capital One Financial Company 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.