Trust Point Inc. Has $448,000 Position in Capital One Financial Co. (NYSE:COF)

Trust Point Inc. increased its position in Capital One Financial Co. (NYSE:COF) by 4.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,512 shares of the financial services provider’s stock after acquiring an additional 103 shares during the period. Trust Point Inc.’s holdings in Capital One Financial were worth $448,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. increased its holdings in Capital One Financial by 5.3% in the third quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock worth $21,976,000 after buying an additional 7,331 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Capital One Financial by 4.3% in the third quarter. Principal Financial Group Inc. now owns 430,654 shares of the financial services provider’s stock worth $64,482,000 after buying an additional 17,825 shares during the last quarter. CWA Asset Management Group LLC acquired a new position in Capital One Financial during the third quarter valued at approximately $1,649,000. Catalina Capital Group LLC grew its holdings in Capital One Financial by 8.1% during the third quarter. Catalina Capital Group LLC now owns 1,609 shares of the financial services provider’s stock valued at $241,000 after purchasing an additional 121 shares during the last quarter. Finally, Dai ichi Life Insurance Company Ltd grew its holdings in Capital One Financial by 36.8% during the third quarter. Dai ichi Life Insurance Company Ltd now owns 11,162 shares of the financial services provider’s stock valued at $1,671,000 after purchasing an additional 3,000 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on COF shares. Keefe, Bruyette & Woods increased their price target on Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Argus upgraded Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a report on Tuesday, January 14th. Evercore ISI increased their price target on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Finally, UBS Group upgraded Capital One Financial from a “neutral” rating to a “buy” rating and increased their price target for the company from $168.00 to $235.00 in a report on Monday, January 13th. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $196.31.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of Capital One Financial 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 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.30% of the company’s stock.

Capital One Financial Stock Up 1.9 %

Shares of COF stock opened at $203.84 on Thursday. The stock has a market cap of $77.71 billion, a P/E ratio of 17.59, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47. Capital One Financial Co. has a one year low of $128.23 and a one year high of $208.63. The stock has a fifty day moving average price of $187.52 and a 200 day moving average price of $165.62. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 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 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% compared to the same quarter last year. During the same period last year, the business earned $2.81 earnings per share. Analysts predict that Capital One Financial Co. will post 15.44 earnings per share for the current 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.