60,041 Capital One Financial Corporation $COF Shares Acquired by Vise Technologies Inc.

Vise Technologies Inc. raised its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 276.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 81,763 shares of the financial services provider’s stock after purchasing an additional 60,041 shares during the quarter. Vise Technologies Inc.’s holdings in Capital One Financial were worth $15,786,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Compass Wealth Management LLC bought a new stake in shares of Capital One Financial during the 3rd quarter worth approximately $25,000. Solstein Capital LLC purchased a new position in Capital One Financial during the 2nd quarter valued at $26,000. Gilpin Wealth Management LLC bought a new position in Capital One Financial in the 3rd quarter valued at $27,000. Ballast Advisors LLC bought a new position in Capital One Financial in the 1st quarter valued at $27,000. Finally, Pension & Wealth Management Advisors Inc. bought a new position in Capital One Financial in the 2nd quarter valued at $31,000. Institutional investors own 89.84% of the company’s stock.

Capital One Financial Price Performance

COF opened at $204.88 on Monday. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.45. The business’s fifty day simple moving average is $204.67 and its 200-day simple moving average is $201.62. The company has a market capitalization of $125.69 billion, a price-to-earnings ratio of 12.09, a PEG ratio of 0.93 and a beta of 1.04.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share for the quarter, beating the consensus estimate of $5.53 by $1.16. Capital One Financial had a return on equity of 11.64% and a net margin of 13.70%. The firm had revenue of $16.31 billion during the quarter, compared to the consensus estimate of $16.25 billion. During the same period in the previous year, the company posted $5.95 earnings per share. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. On average, equities research analysts anticipate that Capital One Financial Corporation will post 21.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on COF shares. Barclays lifted their target price on Capital One Financial from $237.00 to $238.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 21st. Evercore reiterated an “outperform” rating and set a $230.00 price objective on shares of Capital One Financial in a report on Tuesday, October 27th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Capital One Financial in a research report on Thursday, August 20th. TD Cowen upped their target price on shares of Capital One Financial from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, October 21st. Finally, JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $227.00 to $241.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 21st. Twenty analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $256.77.

Insiders Place Their Bets

In other news, General Counsel Matthew Cooper sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $196.22, for a total value of $686,770.00. Following the completion of the sale, the general counsel owned 79,694 shares of the company’s stock, valued at approximately $15,637,556.68. This represents a 4.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard Fairbank sold 90,743 shares of the stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $202.86, for a total transaction of $18,408,124.98. Following the transaction, the chief executive officer owned 4,018,520 shares in the company, valued at approximately $815,196,967.20. This represents a 2.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 115,194 shares of company stock worth $23,546,209. 0.78% of the stock is owned by corporate insiders.

About Capital One Financial

Capital One Financial Corporation is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company operates as a bank holding company through Capital One, N.A., providing financial products and services to consumers, small businesses and commercial customers.

Capital One is best known for its credit card business, which offers a range of consumer and business cards. Its other activities include consumer banking products such as checking and savings accounts, auto loans and retail banking services, as well as commercial banking services for businesses and institutions.

The company primarily serves customers in the United States through digital channels, branches and other distribution networks.