Prossimo Advisors LLC Increases Holdings in Capital One Financial Co. (NYSE:COF)

Prossimo Advisors LLC raised its holdings in shares of Capital One Financial Co. (NYSE:COF) by 2.4% in the third quarter, HoldingsChannel reports. The firm owned 2,735 shares of the financial services provider’s stock after buying an additional 65 shares during the quarter. Prossimo Advisors LLC’s holdings in Capital One Financial were worth $410,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Allspring Global Investments Holdings LLC lifted its stake in Capital One Financial by 4.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 88,881 shares of the financial services provider’s stock worth $13,233,000 after acquiring an additional 4,143 shares during the period. Diversify Advisory Services LLC purchased a new stake in shares of Capital One Financial in the 1st quarter worth about $504,000. Janney Montgomery Scott LLC boosted its stake in shares of Capital One Financial by 1.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 82,286 shares of the financial services provider’s stock valued at $12,252,000 after purchasing an additional 911 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its position in shares of Capital One Financial by 7.4% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 9,686 shares of the financial services provider’s stock valued at $1,442,000 after buying an additional 671 shares during the period. Finally, Choreo LLC raised its stake in Capital One Financial by 33.3% in the first quarter. Choreo LLC now owns 2,828 shares of the financial services provider’s stock worth $421,000 after buying an additional 706 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In related news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction 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 completion of the sale, the chief executive officer now owns 40,934 shares of the company’s stock, valued at $5,438,491.24. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction on Thursday, October 17th. The stock was 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 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.

Capital One Financial Price Performance

NYSE COF opened at $163.90 on Friday. Capital One Financial Co. has a one year low of $101.38 and a one year high of $167.93. The stock has a 50-day moving average of $150.14 and a 200 day moving average of $143.75. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $62.59 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 1.27 and a beta of 1.44.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the business posted $4.45 earnings per share. On average, sell-side analysts forecast that Capital One Financial Co. will post 13.17 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on COF shares. Evercore ISI upped their target price on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday. Citigroup began coverage on Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Bank of America boosted their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Finally, Royal Bank of Canada boosted their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $156.35.

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.