3,124 Shares in Capital One Financial Corporation $COF Purchased by Zhang Financial LLC

Zhang Financial LLC purchased a new position in Capital One Financial Corporation (NYSE:COF) in the second quarter, HoldingsChannel reports. The fund purchased 3,124 shares of the financial services provider’s stock, valued at approximately $665,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Eagle Bay Advisors LLC increased its stake in shares of Capital One Financial by 3.6% during the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock valued at $299,000 after purchasing an additional 49 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. increased its stake in shares of Capital One Financial by 0.3% during the second quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock valued at $3,532,000 after purchasing an additional 50 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its stake in shares of 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. TFB Advisors LLC increased its stake in shares of Capital One Financial by 3.4% during the first quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock valued at $276,000 after purchasing an additional 51 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. increased its stake in shares of Capital One Financial by 0.9% during the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider’s stock valued at $1,097,000 after purchasing an additional 53 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. TD Cowen raised their target price on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Keefe, Bruyette & Woods increased their price target on shares of Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a report on Wednesday, July 23rd. Robert W. Baird increased their price target on shares of Capital One Financial from $245.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Finally, Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a report on Friday, August 1st. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Insider Buying and Selling

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total value of $423,980.00. Following the sale, the general counsel owned 98,486 shares in the company, valued at approximately $20,878,047.14. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Timothy P. Golden sold 207 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares in the company, valued at $1,891,299.80. This represents a 2.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 13,184 shares of company stock worth $2,799,248. 1.26% of the stock is owned by insiders.

Capital One Financial Trading Down 1.1%

Shares of COF stock opened at $221.01 on Wednesday. Capital One Financial Corporation has a 12-month low of $143.22 and a 12-month high of $232.45. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. The firm’s 50 day moving average is $219.66 and its 200 day moving average is $206.58. The stock has a market capitalization of $141.34 billion, a P/E ratio of 93.25, a P/E/G ratio of 0.75 and a beta of 1.18.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $15.36 billion for the quarter, compared to analysts’ expectations of $15.06 billion. During the same quarter last year, the company posted $4.51 earnings per share. The firm’s quarterly revenue was up 53.4% on a year-over-year basis. Research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current 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.