Greenleaf Trust Increases Stock Position in Capital One Financial Co. (NYSE:COF)

Greenleaf Trust raised its position in Capital One Financial Co. (NYSE:COF) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,688 shares of the financial services provider’s stock after purchasing an additional 203 shares during the period. Greenleaf Trust’s holdings in Capital One Financial were worth $1,906,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $32,000. Catalyst Capital Advisors LLC purchased a new stake in Capital One Financial in the third quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV raised its stake in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares in the last quarter. Eastern Bank purchased a new stake in Capital One Financial in the third quarter valued at approximately $44,000. Finally, Prospera Private Wealth LLC purchased a new stake in Capital One Financial in the third quarter valued at approximately $47,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Price Performance

COF opened at $204.02 on Monday. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $208.63. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. The business’s fifty day simple moving average is $187.16 and its 200-day simple moving average is $164.77. The company has a market capitalization of $77.78 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 1.25 and a beta of 1.46.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the business earned $2.81 earnings per share. On average, equities research analysts anticipate that Capital One Financial Co. will post 15.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on COF shares. Bank of America downgraded shares of Capital One Financial from a “buy” rating to a “neutral” rating and lowered their target price for the company from $203.00 to $200.00 in a research note on Monday, December 9th. Barclays lifted their price target on shares of Capital One Financial from $219.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Keefe, Bruyette & Woods lifted their price target on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Evercore ISI lifted their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Finally, The Goldman Sachs Group lifted their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus target price of $196.31.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the sale, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,256 shares of company stock worth $2,462,487. 1.30% of the stock is owned by corporate insiders.

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.