Capital One Financial Corporation $COF Shares Purchased by Supplemental Annuity Collective Trust of NJ

Supplemental Annuity Collective Trust of NJ lifted its position in Capital One Financial Corporation (NYSE:COF) by 81.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,076 shares of the financial services provider’s stock after purchasing an additional 4,076 shares during the period. Supplemental Annuity Collective Trust of NJ’s holdings in Capital One Financial were worth $1,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in COF. Kingstone Capital Partners Texas LLC lifted its stake in shares of Capital One Financial by 588,668.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after purchasing an additional 117,427,549 shares during the period. Diamond Hill Capital Management Inc. acquired a new position in shares of Capital One Financial in the 1st quarter valued at $381,848,000. Bank of New York Mellon Corp lifted its stake in shares of Capital One Financial by 41.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 7,011,073 shares of the financial services provider’s stock valued at $1,491,676,000 after purchasing an additional 2,050,010 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Capital One Financial by 45.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider’s stock valued at $838,609,000 after purchasing an additional 1,454,595 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Capital One Financial by 134.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,585,192 shares of the financial services provider’s stock valued at $337,265,000 after purchasing an additional 907,803 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Capital One Financial

In other news, CEO Richard D. Fairbank sold 103,486 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer owned 4,051,228 shares of the company’s stock, valued at $914,281,135.04. This represents a 2.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Timothy P. Golden sold 207 shares of the company’s stock in a transaction 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 sale, the chief accounting officer directly owned 8,780 shares of the company’s stock, valued at $1,891,299.80. The trade was a 2.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 111,155 shares of company stock valued at $24,998,080 over the last 90 days. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Citigroup boosted their target price on shares of Capital One Financial from $275.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Zacks Research upgraded shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Wells Fargo & Company upped their price objective on shares of Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Rothschild & Co Redburn assumed coverage on shares of Capital One Financial in a research report on Friday, August 1st. They set a “buy” rating and a $290.00 price objective for the company. Finally, Royal Bank Of Canada upped their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 23rd. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Capital One Financial Stock Performance

NYSE:COF opened at $220.57 on Wednesday. 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 $141.06 billion, a PE ratio of 93.07, a P/E/G ratio of 0.70 and a beta of 1.18. The company has a fifty day moving average of $219.75 and a two-hundred day moving average of $208.93. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $15.36 billion during the quarter, compared to analyst estimates of $15.06 billion. During the same quarter in the prior year, the firm earned $4.51 earnings per share. The company’s revenue for the quarter was up 53.4% compared to the same quarter last year. As a group, research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal 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.