Pinnacle Financial Partners Inc. trimmed its holdings in Capital One Financial Co. (NYSE:COF) by 0.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 83,713 shares of the financial services provider’s stock after selling 531 shares during the quarter. Pinnacle Financial Partners Inc.’s holdings in Capital One Financial were worth $6,521,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Louisiana State Employees Retirement System raised its position in shares of Capital One Financial by 22.4% in the 4th quarter. Louisiana State Employees Retirement System now owns 28,400 shares of the financial services provider’s stock valued at $2,807,000 after purchasing an additional 5,200 shares in the last quarter. TCW Group Inc. acquired a new position in shares of Capital One Financial in the 3rd quarter valued at approximately $2,228,000. Janney Montgomery Scott LLC raised its position in shares of Capital One Financial by 31.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 27,245 shares of the financial services provider’s stock valued at $1,958,000 after purchasing an additional 6,573 shares in the last quarter. Dupont Capital Management Corp raised its position in shares of Capital One Financial by 11.3% in the 3rd quarter. Dupont Capital Management Corp now owns 16,967 shares of the financial services provider’s stock valued at $1,219,000 after purchasing an additional 1,726 shares in the last quarter. Finally, Weather Gauge Advisory LLC acquired a new position in shares of Capital One Financial in the 4th quarter valued at approximately $257,000. 89.60% of the stock is owned by institutional investors and hedge funds.

COF has been the topic of several research reports. BMO Capital Markets upped their price target on Capital One Financial from $127.00 to $133.00 in a research report on Monday, October 26th. BidaskClub raised Capital One Financial from a “hold” rating to a “buy” rating in a research report on Thursday, January 7th. Royal Bank of Canada upped their price target on Capital One Financial from $72.00 to $82.00 and gave the company a “sector perform” rating in a research report on Friday, October 23rd. Stephens initiated coverage on Capital One Financial in a research report on Thursday, December 10th. They set an “equal weight” rating on the stock. Finally, Compass Point upped their price target on Capital One Financial from $78.00 to $102.00 in a research report on Wednesday, November 18th. Four investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Capital One Financial currently has a consensus rating of “Buy” and a consensus target price of $101.21.

Shares of NYSE COF opened at $112.08 on Thursday. Capital One Financial Co. has a 12 month low of $38.00 and a 12 month high of $113.14. The company has a market cap of $51.27 billion, a price-to-earnings ratio of 56.04, a P/E/G ratio of 1.19 and a beta of 1.72. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.72. The business has a fifty day simple moving average of $96.31 and a 200-day simple moving average of $77.63.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 22nd. The financial services provider reported $5.05 EPS for the quarter, beating the consensus estimate of $1.99 by $3.06. Capital One Financial had a return on equity of 3.05% and a net margin of 4.08%. The business had revenue of $7.38 billion during the quarter, compared to the consensus estimate of $6.71 billion. During the same period in the prior year, the business posted $3.32 earnings per share. Capital One Financial’s revenue was up 6.1% compared to the same quarter last year. As a group, sell-side analysts expect that Capital One Financial Co. will post 3.09 EPS for the current fiscal year.

In other news, CEO Richard D. Fairbank sold 33,275 shares of the company’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $72.14, for a total transaction of $2,400,458.50. Following the completion of the sale, the chief executive officer now directly owns 3,560,941 shares of the company’s stock, valued at $256,886,283.74. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Richard D. Fairbank sold 32,796 shares of the stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $74.22, for a total value of $2,434,119.12. Following the completion of the sale, the chief executive officer now directly owns 3,560,941 shares of the company’s stock, valued at $264,293,041.02. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 382,512 shares of company stock valued at $31,976,610. 1.47% of the stock is currently owned by company insiders.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

Read More: What is Blockchain?

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Co. (NYSE:COF).

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.