Mediolanum International Funds Ltd Takes $279,000 Position in Capital One Financial Co. (NYSE:COF)

Mediolanum International Funds Ltd bought a new stake in Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,572 shares of the financial services provider’s stock, valued at approximately $279,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in COF. Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial in the 4th quarter worth $32,000. Catalyst Capital Advisors LLC bought a new position in shares of Capital One Financial in the 3rd quarter worth $36,000. Creative Financial Designs Inc. ADV boosted its position in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 166 shares during the last quarter. Eastern Bank bought a new position in shares of Capital One Financial in the 3rd quarter worth $44,000. Finally, Prospera Private Wealth LLC bought a new position in shares of Capital One Financial in the 3rd quarter worth $47,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on COF. Royal Bank of Canada raised their price target on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 22nd. The Goldman Sachs Group raised their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Keefe, Bruyette & Woods lifted their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Argus upgraded Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $203.00 to $200.00 in a report on Monday, December 9th. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $196.31.

Capital One Financial Price Performance

NYSE:COF opened at $204.02 on Monday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The stock’s 50-day simple moving average is $187.16 and its 200 day simple moving average is $164.77. The company has a market cap of $77.78 billion, a P/E ratio of 17.60, a P/E/G ratio of 1.25 and a beta of 1.46. 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 earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to the consensus estimate 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 quarter in the previous year, the business earned $2.81 earnings per share. As a group, sell-side analysts forecast that Capital One Financial Co. will post 15.4 EPS for the current fiscal year.

Insider Activity at Capital One Financial

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