Leisure Capital Management Trims Stock Holdings in Capital One Financial Co. (NYSE:COF)

Leisure Capital Management lessened its position in shares of Capital One Financial Co. (NYSE:COF) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,793 shares of the financial services provider’s stock after selling 66 shares during the quarter. Leisure Capital Management’s holdings in Capital One Financial were worth $1,390,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. State Street Corp raised its position in Capital One Financial by 0.5% during the 3rd quarter. State Street Corp now owns 16,506,861 shares of the financial services provider’s stock worth $2,471,572,000 after buying an additional 74,784 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Capital One Financial by 2.8% during the third quarter. Franklin Resources Inc. now owns 10,387,265 shares of the financial services provider’s stock worth $1,649,488,000 after purchasing an additional 280,462 shares during the last quarter. Fisher Asset Management LLC lifted its position in Capital One Financial by 0.7% during the third quarter. Fisher Asset Management LLC now owns 9,694,297 shares of the financial services provider’s stock valued at $1,451,527,000 after purchasing an additional 72,097 shares during the period. Geode Capital Management LLC boosted its holdings in Capital One Financial by 2.0% in the third quarter. Geode Capital Management LLC now owns 8,020,160 shares of the financial services provider’s stock valued at $1,198,664,000 after purchasing an additional 159,616 shares during the last quarter. Finally, FMR LLC grew its position in Capital One Financial by 21.4% during the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after purchasing an additional 1,169,395 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of Capital One Financial stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,256 shares of company stock valued at $2,462,487. 1.30% of the stock is currently owned by company insiders.

Capital One Financial Stock Down 0.3 %

Shares of COF opened at $204.02 on Monday. The stock has a fifty day simple moving average of $187.16 and a two-hundred day simple moving average of $164.88. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $77.78 billion, a PE ratio of 17.60, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $208.63.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the business earned $2.81 earnings per share. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. As a group, equities analysts forecast that Capital One Financial Co. will post 15.44 EPS for the current year.

Analysts Set New Price Targets

COF has been the topic of a number of recent research reports. The Goldman Sachs Group upped their target price on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. HSBC raised shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a report on Tuesday, January 14th. Robert W. Baird increased their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Bank of America cut Capital One Financial from a “buy” rating to a “neutral” rating and dropped their target price for the company from $203.00 to $200.00 in a research report on Monday, December 9th. Finally, Truist Financial increased their price target on Capital One Financial from $229.00 to $257.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $196.31.

About Capital One Financial

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.