Savvy Advisors Inc. Acquires 1,046 Shares of Capital One Financial Corporation $COF

Savvy Advisors Inc. boosted its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 87.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,244 shares of the financial services provider’s stock after purchasing an additional 1,046 shares during the period. Savvy Advisors Inc.’s holdings in Capital One Financial were worth $478,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of COF. Brighton Jones LLC increased its holdings in shares of Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock worth $2,423,000 after buying an additional 10,428 shares in the last quarter. Mather Group LLC. increased its holdings in shares of Capital One Financial by 14.3% during the first quarter. Mather Group LLC. now owns 1,281 shares of the financial services provider’s stock worth $230,000 after buying an additional 160 shares in the last quarter. Rossby Financial LCC acquired a new position in shares of Capital One Financial during the first quarter worth $48,000. Novem Group acquired a new position in shares of Capital One Financial during the first quarter worth $252,000. Finally, Teacher Retirement System of Texas increased its holdings in shares of Capital One Financial by 226.0% during the first quarter. Teacher Retirement System of Texas now owns 73,430 shares of the financial services provider’s stock worth $13,166,000 after buying an additional 50,907 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

NYSE COF opened at $220.10 on Friday. The company has a market capitalization of $140.76 billion, a price-to-earnings ratio of 92.87, a PEG ratio of 0.70 and a beta of 1.18. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $232.45. The stock has a fifty day simple moving average of $219.83 and a 200 day simple moving average of $207.77. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, beating analysts’ consensus estimates of $4.25 by $1.70. The business had revenue of $15.36 billion during the quarter, compared to the consensus estimate of $15.06 billion. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.Capital One Financial’s quarterly revenue was up 53.4% on a year-over-year basis. During the same period in the prior year, the business posted $4.51 earnings per share. Sell-side analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Analyst Upgrades and Downgrades

COF has been the subject of several research analyst reports. Redburn Atlantic upgraded shares of Capital One Financial to a “strong-buy” rating in a report on Friday, August 1st. Rothschild & Co Redburn initiated coverage on shares of Capital One Financial in a report on Friday, August 1st. They set a “buy” rating and a $290.00 price target for the company. Citigroup upped their price target on shares of Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. TD Cowen increased their price objective on Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a report on Monday, October 6th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Capital One Financial from $224.00 to $240.00 and gave the company a “hold” rating in a report on Wednesday, October 22nd. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.

Insider Activity

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the sale, the general counsel owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the sale, the insider directly owned 27,364 shares in the company, valued at $5,735,220.76. This trade represents a 16.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 116,670 shares of company stock worth $26,153,969. 1.26% of the stock is owned by insiders.

Capital One Financial Company Profile

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.