Centerpoint Advisors LLC Invests $53,000 in Capital One Financial Corporation $COF

Centerpoint Advisors LLC purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) in the second quarter, Holdings Channel.com reports. The fund purchased 247 shares of the financial services provider’s stock, valued at approximately $53,000.

A number of other institutional investors also recently modified their holdings of COF. WPG Advisers LLC acquired a new position in shares of Capital One Financial during the 1st quarter worth $25,000. Moisand Fitzgerald Tamayo LLC raised its holdings 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 buying an additional 62 shares in the last quarter. Olistico Wealth LLC raised its holdings in shares of Capital One Financial by 439.1% during the 2nd 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. Saudi Central Bank acquired a new position in shares of Capital One Financial during the 1st quarter worth $27,000. Finally, RMG Wealth Management LLC acquired a new position in shares of Capital One Financial during the 2nd quarter worth $27,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total value of $423,980.00. Following the sale, the general counsel owned 98,486 shares in the company, valued at approximately $20,878,047.14. The trade was a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 5,515 shares of the company’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $209.59, for a total value of $1,155,888.85. Following the completion of the sale, the insider owned 27,364 shares in the company, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,184 shares of company stock worth $2,799,248. Insiders own 1.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on COF shares. Wolfe Research boosted their price target on Capital One Financial from $260.00 to $262.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Robert W. Baird upped their target price on Capital One Financial from $245.00 to $270.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. UBS Group lowered their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a report on Tuesday, October 7th. Morgan Stanley upped their target price on Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Finally, HSBC upped their target price on Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial has an average rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Trading Down 0.6%

NYSE COF opened at $223.59 on Tuesday. The business’s 50-day moving average price is $219.53 and its two-hundred day moving average price is $206.17. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The firm has a market capitalization of $142.99 billion, a PE ratio of 94.34, a price-to-earnings-growth 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 released its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $5.95 EPS for the quarter, beating analysts’ consensus estimates of $4.25 by $1.70. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The firm had revenue of $15.36 billion for the quarter, compared to analyst estimates of $15.06 billion. During the same quarter in the previous year, the company posted $4.51 EPS. The business’s revenue was up 53.4% on a year-over-year basis. On average, analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

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.