Capital One Financial Corporation $COF Shares Sold by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC cut its stake in Capital One Financial Corporation (NYSE:COF) by 59.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,047 shares of the financial services provider’s stock after selling 2,976 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Capital One Financial were worth $436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in COF. WPG Advisers LLC acquired a new position in Capital One Financial during the 1st quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC lifted its holdings in shares of Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 62 shares during the last quarter. Olistico Wealth LLC lifted its stake in Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after buying an additional 101 shares in the last quarter. Saudi Central Bank purchased a new position in Capital One Financial during the 1st quarter worth approximately $27,000. Finally, RMG Wealth Management LLC acquired a new position in Capital One Financial during the second quarter valued at $27,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

In other news, CAO Timothy P. Golden sold 3,462 shares of Capital One Financial stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total value of $727,989.36. Following the transaction, the chief accounting officer owned 8,987 shares in the company, valued at approximately $1,889,786.36. This trade represents a 27.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Richard D. Fairbank sold 103,486 shares of Capital One Financial stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $225.68, for a total transaction of $23,354,720.48. Following the sale, the chief executive officer directly owned 4,051,228 shares in the company, valued at $914,281,135.04. This trade represents a 2.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 116,670 shares of company stock valued at $26,153,969 in the last three months. 1.26% of the stock is owned by insiders.

Capital One Financial Stock Up 0.8%

COF stock opened at $220.10 on Friday. 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 fifty-two week low of $143.22 and a fifty-two week high of $232.45. The stock has a market capitalization of $140.76 billion, a P/E ratio of 92.87, a P/E/G ratio of 0.70 and a beta of 1.18. The business has a 50-day moving average of $219.83 and a 200-day moving average of $207.46.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, topping the consensus estimate of $4.25 by $1.70. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The firm had revenue of $15.36 billion for the quarter, compared to analyst estimates of $15.06 billion. During the same quarter in the previous year, the firm earned $4.51 EPS. The business’s quarterly revenue was up 53.4% on a year-over-year basis. On average, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

COF has been the subject of several research reports. Wells Fargo & Company boosted their price target on Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Capital One Financial from $224.00 to $240.00 and gave the company a “hold” rating in a research note on Wednesday, October 22nd. BTIG Research reiterated a “buy” rating and set a $264.00 target price on shares of Capital One Financial in a research report on Wednesday, October 22nd. Evercore ISI upped their price target on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Tuesday, September 30th. Finally, TD Cowen lifted 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. Four research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

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.