Putney Financial Group LLC Has $116,000 Stock Holdings in Capital One Financial Corporation $COF

Putney Financial Group LLC raised its stake in Capital One Financial Corporation (NYSE:COF) by 22.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 543 shares of the financial services provider’s stock after buying an additional 100 shares during the quarter. Putney Financial Group LLC’s holdings in Capital One Financial were worth $116,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in COF. WPG Advisers LLC bought a new stake in shares of Capital One Financial during the first quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC grew its holdings in 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 acquiring an additional 62 shares during the period. Olistico Wealth LLC raised its position 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 valued at $26,000 after acquiring an additional 101 shares during the last quarter. Saudi Central Bank acquired a new position in shares of Capital One Financial in the 1st quarter valued at $27,000. Finally, RMG Wealth Management LLC bought a new position in shares of Capital One Financial in the 2nd quarter worth $27,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Capital One Financial

In other news, insider Michael Zamsky sold 5,515 shares of the company’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the completion of the transaction, the insider directly owned 27,364 shares of the company’s stock, valued at $5,735,220.76. This represents a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction, the chief accounting officer owned 8,780 shares of the company’s stock, valued at approximately $1,891,299.80. The trade was a 2.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 116,670 shares of company stock valued at $26,153,969. 1.26% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Truist Financial upped their price objective on Capital One Financial from $260.00 to $270.00 and gave the company a “buy” rating in a report on Friday, September 12th. UBS Group decreased their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating for the company in a research report on Tuesday, October 7th. Evercore ISI increased their price target on shares of Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Tuesday, September 30th. HSBC lifted their price objective on shares of Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Finally, Zacks Research raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. Four investment 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 MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Stock Performance

Shares of COF opened at $218.21 on Friday. The firm has a market cap of $139.55 billion, a P/E ratio of 92.07, a PEG ratio of 0.70 and a beta of 1.18. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $232.45. 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 firm’s 50 day moving average price is $219.86 and its two-hundred day moving average price is $207.06.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data 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. The company 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 firm’s revenue was up 53.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.51 earnings per share. On average, analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

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.