Strategic Blueprint LLC Buys New Shares in Capital One Financial Corporation $COF

Strategic Blueprint LLC purchased a new position in Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 1,238 shares of the financial services provider’s stock, valued at approximately $263,000.

Several other large investors have also modified their holdings of COF. Eagle Bay Advisors LLC increased its stake in Capital One Financial by 3.6% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock worth $299,000 after purchasing an additional 49 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. increased its position in shares of Capital One Financial by 0.3% in the second quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock worth $3,532,000 after acquiring an additional 50 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its position in shares of Capital One Financial by 66.7% in the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 50 shares in the last quarter. TFB Advisors LLC increased its position in shares of Capital One Financial by 3.4% in the first quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock worth $276,000 after acquiring an additional 51 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. increased its position in shares of Capital One Financial by 0.9% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 6,117 shares of the financial services provider’s stock worth $1,097,000 after acquiring an additional 53 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on COF. Redburn Atlantic raised shares of Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Wells Fargo & Company lifted their target price 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. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Capital One Financial from $224.00 to $240.00 and gave the company a “hold” rating in a research report on Wednesday, October 22nd. Finally, Rothschild & Co Redburn started 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 on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Insider Activity at Capital One Financial

In related news, insider Michael Zamsky sold 5,515 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the transaction, the insider directly owned 27,364 shares in the company, valued at $5,735,220.76. This represents a 16.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the transaction, the general counsel owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. The trade was a 1.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,184 shares of company stock worth $2,799,248 in the last ninety days. 1.26% of the stock is currently owned by insiders.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $223.59 on Tuesday. The firm has a fifty day simple moving average of $219.53 and a 200-day simple moving average of $206.17. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. The stock has a market capitalization of $142.99 billion, a price-to-earnings ratio of 94.34, a PEG ratio of 0.75 and a beta of 1.18.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share 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 analysts’ expectations of $15.06 billion. During the same period in the previous year, the company earned $4.51 earnings per share. Capital One Financial’s revenue for the quarter was up 53.4% on a year-over-year basis. On average, sell-side analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current 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.