Capital One Financial Corporation $COF Shares Bought by New York Life Investment Management LLC

New York Life Investment Management LLC raised its holdings in Capital One Financial Corporation (NYSE:COF) by 69.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 95,678 shares of the financial services provider’s stock after acquiring an additional 39,337 shares during the quarter. New York Life Investment Management LLC’s holdings in Capital One Financial were worth $20,356,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of COF. WPG Advisers LLC acquired a new stake in Capital One Financial in the first quarter valued at $25,000. Moisand Fitzgerald Tamayo LLC lifted its holdings in Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 62 shares during the period. Olistico Wealth LLC lifted its holdings in Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares during the period. Saudi Central Bank acquired a new stake in Capital One Financial in the first quarter valued at $27,000. Finally, RMG Wealth Management LLC acquired a new stake in Capital One Financial in the second quarter valued at $27,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total value of $423,980.00. Following the completion of 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $5,735,220.76. The trade was a 16.77% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,184 shares of company stock valued at $2,799,248. 1.26% of the stock is owned by insiders.

Capital One Financial Trading Down 0.6%

Shares of COF stock opened at $223.59 on Tuesday. The firm has a 50-day moving average price of $219.53 and a 200 day moving average price of $206.17. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $232.45. The company 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. 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 (NYSE:COF) last announced its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $15.36 billion during the quarter, compared to the consensus estimate of $15.06 billion. During the same quarter in the previous year, the company posted $4.51 EPS. The firm’s revenue for the quarter was up 53.4% on a year-over-year basis. Research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Citigroup lifted their price target on Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Barclays boosted their price objective on shares of Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Wall Street Zen upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Finally, Evercore ISI boosted their price objective on shares of Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 30th. Four analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

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.