Capital One Financial Co. (NYSE:COF) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund reduced its stake in shares of Capital One Financial Co. (NYSE:COF) by 6.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 493,043 shares of the financial services provider’s stock after selling 32,900 shares during the period. New York State Common Retirement Fund owned about 0.13% of Capital One Financial worth $73,823,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of COF. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in Capital One Financial by 21.4% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock worth $4,093,000 after purchasing an additional 4,840 shares in the last quarter. Twin Tree Management LP increased its holdings in shares of Capital One Financial by 5.6% in the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock valued at $10,200,000 after acquiring an additional 3,609 shares during the last quarter. Clear Harbor Asset Management LLC acquired a new stake in shares of Capital One Financial during the 2nd quarter valued at approximately $511,000. QRG Capital Management Inc. raised its position in shares of Capital One Financial by 3.2% during the 2nd quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock valued at $16,927,000 after acquiring an additional 3,776 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in Capital One Financial by 20.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 15,817 shares of the financial services provider’s stock worth $2,355,000 after purchasing an additional 2,675 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other news, insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the sale, the insider now directly owns 44,711 shares of the company’s stock, valued at $7,153,760. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Kevin S. Borgmann sold 61,532 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares in the company, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the sale, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on COF. JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday, October 7th. Royal Bank of Canada upped their target price on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Barclays upped their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Citigroup initiated coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price for the company. Finally, Evercore ISI lifted 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. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Capital One Financial has an average rating of “Hold” and an average target price of $156.35.

Capital One Financial Stock Up 0.7 %

Shares of Capital One Financial stock opened at $163.90 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 12-month low of $101.38 and a 12-month high of $167.93. The firm has a market capitalization of $62.59 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of 1.27 and a beta of 1.44. The stock’s fifty day moving average is $150.14 and its 200-day moving average is $143.70.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.81. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.45 EPS. Equities analysts anticipate that Capital One Financial Co. will post 13.17 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.