SYM FINANCIAL Corp Invests $332,000 in Capital One Financial Corporation $COF

SYM FINANCIAL Corp purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) in the second quarter, Holdings Channel.com reports. The fund purchased 1,559 shares of the financial services provider’s stock, valued at approximately $332,000.

A number of other institutional investors also recently modified their holdings of COF. Kingstone Capital Partners Texas LLC raised its holdings in shares of Capital One Financial by 588,668.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock worth $24,988,129,000 after buying an additional 117,427,549 shares in the last quarter. Diamond Hill Capital Management Inc. acquired a new position in shares of Capital One Financial during the 1st quarter worth $381,848,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Capital One Financial by 45.1% during the 1st 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 worth $838,609,000 after buying an additional 1,454,595 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Capital One Financial by 23.7% during the 1st quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock worth $889,519,000 after buying an additional 950,415 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Capital One Financial by 134.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,585,192 shares of the financial services provider’s stock worth $337,265,000 after buying an additional 907,803 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Activity

In other news, CAO Timothy P. Golden sold 207 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total value of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares of the company’s stock, valued at approximately $1,891,299.80. This represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Michael Zamsky sold 5,515 shares of the 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 directly owned 27,364 shares of the company’s stock, valued at approximately $5,735,220.76. The trade was a 16.77% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,184 shares of company stock valued at $2,799,248. Company insiders own 1.26% of the company’s stock.

Capital One Financial Trading Down 0.6%

Shares of COF stock opened at $223.59 on Tuesday. The stock has a market cap 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 stock has a 50-day moving average of $219.53 and a 200-day moving average of $206.17. 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 Corporation has a 1-year low of $143.22 and a 1-year high of $232.45.

Capital One Financial (NYSE:COF) last issued its quarterly 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. The company had revenue of $15.36 billion during the quarter, compared to analysts’ expectations of $15.06 billion. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The business’s quarterly revenue was up 53.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.51 earnings per share. On average, equities research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Analysts Set New Price Targets

COF has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a report on Wednesday, October 22nd. JPMorgan Chase & Co. upped their target price on Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Barclays upped their target price on Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Capital One Financial in a report on Wednesday, October 8th. Finally, Rothschild & Co Redburn began coverage on Capital One Financial in a report on Friday, August 1st. They issued a “buy” rating and a $290.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

About Capital One Financial

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.