Private Wealth Partners LLC Acquires Shares of 4,340 Capital One Financial Corporation $COF

Private Wealth Partners LLC acquired a new stake in Capital One Financial Corporation (NYSE:COF) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,340 shares of the financial services provider’s stock, valued at approximately $923,000.

A number of other large investors have also recently made changes to their positions in COF. Kingstone Capital Partners Texas LLC lifted its stake in shares of Capital One Financial by 588,668.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after buying an additional 117,427,549 shares in the last quarter. Diamond Hill Capital Management Inc. bought a new position in shares of Capital One Financial in the first quarter valued at $381,848,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Capital One Financial by 45.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider’s stock valued at $838,609,000 after buying an additional 1,454,595 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Capital One Financial by 23.7% in the first quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock valued at $889,519,000 after buying an additional 950,415 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Capital One Financial by 134.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,585,192 shares of the financial services provider’s stock valued at $337,265,000 after purchasing an additional 907,803 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

COF has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Zacks Research raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Friday. BTIG Research reissued a “buy” rating and set a $264.00 price target on shares of Capital One Financial in a research report on Wednesday, October 22nd. Wolfe Research raised their price target on shares of Capital One Financial from $260.00 to $262.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Keefe, Bruyette & Woods raised their price target on shares of Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Insider Transactions at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial 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 in the company, valued at $20,878,047.14. This trade represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Timothy P. Golden sold 3,462 shares of Capital One Financial stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total transaction of $727,989.36. Following the completion of the transaction, the chief accounting officer owned 8,987 shares of the company’s stock, valued at $1,889,786.36. The trade was a 27.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,184 shares of company stock worth $2,799,248 over the last quarter. Corporate insiders own 1.26% of the company’s stock.

Capital One Financial Price Performance

COF opened at $223.59 on Tuesday. 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 quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. 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.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, topping the consensus estimate of $4.25 by $1.70. The firm had revenue of $15.36 billion during the quarter, compared to the consensus estimate of $15.06 billion. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The company’s revenue was up 53.4% on a year-over-year basis. During the same quarter last year, the company earned $4.51 earnings per share. Equities analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current 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.