Plato Investment Management Ltd Buys 1,999 Shares of Capital One Financial Corporation $COF

Plato Investment Management Ltd lifted its stake in Capital One Financial Corporation (NYSE:COF) by 41.3% in the 2nd quarter, HoldingsChannel reports. The fund owned 6,838 shares of the financial services provider’s stock after purchasing an additional 1,999 shares during the quarter. Plato Investment Management Ltd’s holdings in Capital One Financial were worth $1,450,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC raised its position in shares of 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 acquiring an additional 62 shares in the last quarter. Olistico Wealth LLC raised its position 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 acquiring an additional 101 shares in the last quarter. Atlantic Edge Private Wealth Management LLC raised its position 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 acquiring an additional 50 shares in the last quarter. RMG Wealth Management LLC bought a new position in shares of Capital One Financial in the 2nd quarter worth $27,000. Finally, Solstein Capital LLC bought a new position in shares of Capital One Financial in the 2nd quarter worth $28,000. 89.84% of the stock is owned by institutional investors.

Capital One Financial Stock Up 0.8%

Capital One Financial stock opened at $220.10 on Monday. 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 business’s 50-day simple moving average is $219.83 and its two-hundred day simple moving average is $208.11. The company has a market cap of $140.76 billion, a PE ratio of 92.87, a PEG ratio of 0.70 and a beta of 1.18. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45.

Capital One Financial (NYSE:COF) last posted 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 business had revenue of $15.36 billion for the quarter, compared to the consensus estimate of $15.06 billion. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The company’s quarterly revenue was up 53.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.51 EPS. Equities analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Royal Bank Of Canada boosted 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. Robert W. Baird boosted their target price on Capital One Financial from $245.00 to $270.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. The Goldman Sachs Group boosted their target price on Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Evercore ISI boosted their target price on Capital One Financial from $240.00 to $255.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 30th. Finally, Redburn Atlantic upgraded Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total transaction of $423,980.00. Following the sale, the general counsel owned 98,486 shares in the company, valued at approximately $20,878,047.14. The trade was a 1.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Timothy P. Golden sold 207 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were 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 in the company, valued at approximately $1,891,299.80. The trade was a 2.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 111,155 shares of company stock worth $24,998,080. 1.26% of the stock is currently owned by insiders.

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.