Capital One Financial Co. (NYSE:COF) Shares Sold by Pennsylvania Capital Management Inc. ADV

Pennsylvania Capital Management Inc. ADV cut its stake in Capital One Financial Co. (NYSE:COF) by 17.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,582 shares of the financial services provider’s stock after selling 333 shares during the quarter. Pennsylvania Capital Management Inc. ADV’s holdings in Capital One Financial were worth $282,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Decker Retirement Planning Inc. acquired a new position in Capital One Financial during the 4th quarter worth approximately $32,000. Catalyst Capital Advisors LLC acquired a new position in shares of Capital One Financial during the third quarter worth $36,000. Creative Financial Designs Inc. ADV boosted its stake in shares of Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares during the period. Eastern Bank acquired a new stake in Capital One Financial during the 3rd quarter valued at $44,000. Finally, Prospera Private Wealth LLC purchased a new stake in Capital One Financial during the 3rd quarter worth $47,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the transaction, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the sale, the insider now directly owns 12,929 shares in the company, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on COF shares. Keefe, Bruyette & Woods upped their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, December 9th. Hsbc Global Res raised Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Evercore ISI raised their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Finally, Wells Fargo & Company lifted their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Nine equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $196.31.

Capital One Financial Stock Performance

Shares of COF stock opened at $200.99 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The business has a 50 day moving average of $187.16 and a two-hundred day moving average of $164.88. The company has a market cap of $76.62 billion, a P/E ratio of 17.34, a PEG ratio of 1.24 and a beta of 1.47. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $208.63.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The business had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.81 EPS. As a group, analysts anticipate that Capital One Financial Co. will post 15.44 EPS 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.