Capital One Financial Corporation $COF Stock Position Boosted by Burney Co.

Burney Co. increased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 210.5% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 250,622 shares of the financial services provider’s stock after purchasing an additional 169,899 shares during the quarter. Capital One Financial comprises about 1.8% of Burney Co.’s investment portfolio, making the stock its 5th biggest holding. Burney Co.’s holdings in Capital One Financial were worth $53,322,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC lifted its position in Capital One Financial by 103.3% during the second 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 raised its holdings in shares of 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 purchasing an additional 101 shares during the period. Atlantic Edge Private Wealth Management LLC raised its holdings in shares of Capital One Financial by 66.7% in the 2nd quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 50 shares during the period. RMG Wealth Management LLC purchased a new position in shares of Capital One Financial in the 2nd quarter worth about $27,000. Finally, Solstein Capital LLC purchased a new position in shares of Capital One Financial in the 2nd quarter worth about $28,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, CAO Timothy P. Golden sold 207 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $215.41, for a total transaction of $44,589.87. Following the completion of the sale, the chief accounting officer owned 8,780 shares in the company, valued at $1,891,299.80. This trade represents a 2.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Richard D. Fairbank sold 103,486 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $225.68, for a total value of $23,354,720.48. Following the sale, the chief executive officer owned 4,051,228 shares of the company’s stock, valued at approximately $914,281,135.04. This trade represents a 2.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 111,155 shares of company stock worth $24,998,080 in the last 90 days. 1.26% of the stock is owned by corporate insiders.

Capital One Financial Stock Performance

Shares of NYSE:COF opened at $220.10 on Monday. The company has a market cap of $140.76 billion, a P/E ratio of 92.87, a PEG ratio of 0.70 and a beta of 1.18. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $232.45. The business’s 50-day simple moving average is $219.83 and its 200 day simple moving average is $208.11.

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 for the quarter, beating analysts’ consensus estimates of $4.25 by $1.70. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The firm had revenue of $15.36 billion during the quarter, compared to analyst estimates of $15.06 billion. During the same quarter last year, the firm earned $4.51 EPS. Capital One Financial’s quarterly revenue was up 53.4% on a year-over-year basis. On average, sell-side analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Wells Fargo & Company raised their price objective on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Barclays raised their price objective on Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Morgan Stanley raised their price objective on Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Citigroup raised their price objective on Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target 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.