Sigma Planning Corp Purchases 10,675 Shares of Capital One Financial Corporation $COF

Sigma Planning Corp boosted its position in Capital One Financial Corporation (NYSE:COF) by 883.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 11,884 shares of the financial services provider’s stock after purchasing an additional 10,675 shares during the period. Sigma Planning Corp’s holdings in Capital One Financial were worth $2,528,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in COF. WPG Advisers LLC bought a new stake in Capital One Financial in the 1st quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC grew 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 purchasing an additional 62 shares in the last quarter. Olistico Wealth LLC grew 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 purchasing an additional 101 shares in the last quarter. Saudi Central Bank bought a new stake in Capital One Financial in the 1st quarter worth about $27,000. Finally, RMG Wealth Management LLC bought a new stake in Capital One Financial in the 2nd quarter worth about $27,000. 89.84% of the stock is owned by institutional investors.

Insider Activity at Capital One Financial

In other Capital One Financial news, CAO Timothy P. Golden sold 207 shares of the stock in a transaction that occurred on 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 directly owned 8,780 shares in the company, valued at $1,891,299.80. This represents a 2.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Matthew W. Cooper sold 2,000 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total transaction of $423,980.00. Following the completion of the sale, the general counsel owned 98,486 shares in the company, valued at $20,878,047.14. This represents a 1.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 111,155 shares of company stock worth $24,998,080. 1.26% of the stock is owned by corporate insiders.

Capital One Financial Stock Performance

Shares of COF stock opened at $220.57 on Wednesday. The stock has a market capitalization of $141.06 billion, a P/E ratio of 93.07, a PEG ratio of 0.70 and a beta of 1.18. 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 firm’s 50 day moving average is $219.75 and its 200 day moving average is $208.93. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month 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 analysts’ consensus estimates of $4.25 by $1.70. The company had revenue of $15.36 billion for the quarter, compared to analysts’ expectations of $15.06 billion. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. Capital One Financial’s revenue was up 53.4% compared to the same quarter last year. During the same period in the prior year, the company posted $4.51 EPS. On average, sell-side analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on COF shares. Royal Bank Of Canada boosted their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Capital One Financial from $224.00 to $240.00 and gave the company a “hold” rating in a research note on Wednesday, October 22nd. Keefe, Bruyette & Woods boosted their target price on shares of Capital One Financial from $248.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, July 23rd. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a research note on Friday, August 1st. Finally, The Goldman Sachs Group boosted their target price on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Four research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.