World Investment Advisors Buys 4,458 Shares of Capital One Financial Corporation $COF

World Investment Advisors grew its holdings in Capital One Financial Corporation (NYSE:COF) by 46.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 14,034 shares of the financial services provider’s stock after acquiring an additional 4,458 shares during the quarter. World Investment Advisors’ holdings in Capital One Financial were worth $2,986,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in COF. WPG Advisers LLC acquired a new stake in shares of Capital One Financial in the first quarter valued at about $25,000. Moisand Fitzgerald Tamayo LLC increased its position in Capital One Financial by 103.3% in 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 during the period. Olistico Wealth LLC increased its position in Capital One Financial by 439.1% in 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 during the period. Saudi Central Bank bought a new position in Capital One Financial in the 1st quarter worth approximately $27,000. Finally, RMG Wealth Management LLC bought a new position in Capital One Financial in the 2nd quarter worth approximately $27,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

COF has been the topic of several recent analyst reports. Royal Bank Of Canada lifted their price target on Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 23rd. Wells Fargo & Company lifted their price target on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Redburn Atlantic raised Capital One Financial to a “strong-buy” rating in a research report on Friday, August 1st. Keefe, Bruyette & Woods lifted their target price on Capital One Financial from $248.00 to $260.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a research report on Wednesday, October 22nd. Four research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Capital One Financial Stock Down 0.2%

NYSE COF opened at $218.21 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45. The stock’s 50 day moving average is $219.86 and its two-hundred day moving average is $207.06. The company has a market capitalization of $139.55 billion, a price-to-earnings ratio of 92.07, a PEG ratio of 0.70 and a beta of 1.18. 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 announced its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $5.95 EPS for the quarter, beating the consensus estimate of $4.25 by $1.70. The business had revenue of $15.36 billion for the quarter, compared to analyst estimates of $15.06 billion. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.Capital One Financial’s quarterly revenue was up 53.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.51 EPS. Equities analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Timothy P. Golden sold 207 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total value of $44,589.87. Following the sale, the chief accounting officer owned 8,780 shares of the company’s stock, valued at $1,891,299.80. The trade was a 2.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $5,735,220.76. This represents a 16.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 116,670 shares of company stock worth $26,153,969 in the last quarter. Corporate insiders own 1.26% of the company’s stock.

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.