Capital One Financial Corporation $COF Shares Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Capital One Financial Corporation (NYSE:COF) by 82.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 107,188 shares of the financial services provider’s stock after buying an additional 48,479 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Capital One Financial were worth $22,805,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of COF. Moisand Fitzgerald Tamayo LLC grew its stake in shares of Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 62 shares during the period. Olistico Wealth LLC boosted its holdings in Capital One Financial by 439.1% during the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after buying an additional 101 shares in the last quarter. Atlantic Edge Private Wealth Management LLC grew its position in Capital One Financial by 66.7% during the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after buying an additional 50 shares during the period. RMG Wealth Management LLC purchased a new position in Capital One Financial in the second quarter valued at $27,000. Finally, Solstein Capital LLC acquired a new position in shares of Capital One Financial in the second quarter worth about $28,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling

In related news, 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 transaction, the insider directly owned 27,364 shares in the company, valued at approximately $5,735,220.76. The trade was a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the completion of the sale, 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 13,184 shares of company stock worth $2,799,248. 1.26% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on COF. Wells Fargo & Company raised their target price on Capital One Financial from $225.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Rothschild & Co Redburn assumed coverage on Capital One Financial in a research report on Friday, August 1st. They issued a “buy” rating and a $290.00 price objective for the company. Keefe, Bruyette & Woods increased their target price on Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. Finally, Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Capital One Financial Stock Down 0.6%

NYSE COF opened at $223.59 on Tuesday. The business has a fifty day moving average price of $219.53 and a 200 day moving average price of $206.17. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $142.99 billion, a P/E ratio of 94.34, a P/E/G ratio of 0.75 and a beta of 1.18. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share (EPS) for the quarter, topping 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 company had revenue of $15.36 billion for the quarter, compared to analysts’ expectations of $15.06 billion. During the same quarter in the previous year, the company posted $4.51 EPS. The firm’s quarterly revenue was up 53.4% on a year-over-year basis. Research analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal 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.