United Asset Strategies Inc. Sells 446 Shares of Capital One Financial Co. (NYSE:COF)

United Asset Strategies Inc. reduced its stake in Capital One Financial Co. (NYSE:COF) by 22.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,555 shares of the financial services provider’s stock after selling 446 shares during the period. United Asset Strategies Inc.’s holdings in Capital One Financial were worth $233,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. LRI Investments LLC bought a new position in Capital One Financial in the first quarter worth about $25,000. Y.D. More Investments Ltd bought a new position in shares of Capital One Financial during the second quarter valued at approximately $28,000. Hobbs Group Advisors LLC bought a new position in shares of Capital One Financial during the second quarter valued at approximately $29,000. Unique Wealth Strategies LLC bought a new position in shares of Capital One Financial during the second quarter valued at approximately $36,000. Finally, Versant Capital Management Inc increased its stake in shares of Capital One Financial by 391.5% during the second quarter. Versant Capital Management Inc now owns 290 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 231 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on COF shares. JPMorgan Chase & Co. raised their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday, October 7th. Evercore ISI raised their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday. Royal Bank of Canada raised their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Bank of America raised their target price on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Finally, Barclays increased their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Twelve investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Capital One Financial has an average rating of “Hold” and a consensus target price of $153.56.

Insider Transactions at Capital One Financial

In other news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the sale, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the sale, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Capital One Financial Trading Down 2.4 %

Shares of COF stock opened at $162.79 on Friday. Capital One Financial Co. has a 12-month low of $99.37 and a 12-month high of $167.93. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. The firm’s 50 day moving average is $149.71 and its 200 day moving average is $143.53. The stock has a market capitalization of $62.16 billion, a P/E ratio of 15.37, a P/E/G ratio of 1.27 and a beta of 1.44.

Capital One Financial (NYSE:COF) last issued its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the company posted $4.45 earnings per share. Research analysts expect that Capital One Financial Co. will post 13.17 earnings per share for the current year.

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.