Capital One Financial Corporation $COF Position Increased by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC lifted its position in Capital One Financial Corporation (NYSE:COF) by 118.9% during the third quarter, Holdings Channel reports. The institutional investor owned 16,708 shares of the financial services provider’s stock after buying an additional 9,076 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Capital One Financial were worth $3,226,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of COF. Founders Financial Securities LLC increased its position in shares of Capital One Financial by 1.0% during the third quarter. Founders Financial Securities LLC now owns 7,963 shares of the financial services provider’s stock worth $1,537,000 after purchasing an additional 76 shares in the last quarter. Interchange Capital Partners LLC lifted its holdings in shares of Capital One Financial by 8.0% during the 3rd quarter. Interchange Capital Partners LLC now owns 1,599 shares of the financial services provider’s stock valued at $309,000 after purchasing an additional 119 shares during the last quarter. Fonville Wealth Management LLC acquired a new stake in shares of Capital One Financial in the 3rd quarter worth $1,345,000. Elwood & Goetz Wealth Advisory Group LLC boosted its position in shares of Capital One Financial by 5.4% in the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 1,919 shares of the financial services provider’s stock worth $371,000 after purchasing an additional 99 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC boosted its position in shares of Capital One Financial by 27.1% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 253 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 54 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $196.22, for a total value of $686,770.00. Following the transaction, the general counsel directly owned 79,694 shares of the company’s stock, valued at approximately $15,637,556.68. This represents a 4.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,887 shares of the firm’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $195.86, for a total value of $369,587.82. Following the completion of the transaction, the insider owned 59,308 shares of the company’s stock, valued at approximately $11,616,064.88. The trade was a 3.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 115,194 shares of company stock worth $23,546,209 in the last quarter. 0.78% of the stock is owned by insiders.

Capital One Financial Trading Down 1.8%

NYSE:COF opened at $204.88 on Friday. The company has a market capitalization of $125.69 billion, a P/E ratio of 10.05, a PEG ratio of 0.95 and a beta of 1.04. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The firm has a fifty day simple moving average of $204.67 and a 200-day simple moving average of $201.62.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $16.25 billion. During the same period in the prior year, the firm earned $5.95 EPS. The firm’s 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 year.

Wall Street Analysts Forecast Growth

COF has been the topic of several research analyst reports. Bank of America dropped their target price on Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. HSBC upgraded Capital One Financial from a “hold” rating to a “buy” rating and increased their price target for the company from $226.00 to $229.00 in a research note on Sunday, July 12th. Morgan Stanley dropped their price target on Capital One Financial from $273.00 to $267.00 and set an “overweight” rating on the stock in a research note on Monday, October 12th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Capital One Financial in a research note on Thursday, August 20th. Finally, Citigroup upped their price objective on shares of Capital One Financial from $280.00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, October 21st. Twenty equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $256.77.

Capital One Financial Profile

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.