Strategic Blueprint LLC Invests $263,000 in Capital One Financial Corporation $COF

Strategic Blueprint LLC acquired a new position in Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,238 shares of the financial services provider’s stock, valued at approximately $263,000.

Other large investors also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC grew its stake in shares of Capital One Financial by 588,668.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock valued at $24,988,129,000 after buying an additional 117,427,549 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Capital One Financial by 1.6% during the first quarter. Vanguard Group Inc. now owns 32,250,923 shares of the financial services provider’s stock worth $5,782,590,000 after purchasing an additional 506,105 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Capital One Financial by 23.7% in the first quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock valued at $889,519,000 after purchasing an additional 950,415 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Capital One Financial by 18.2% in the first quarter. Goldman Sachs Group Inc. now owns 4,766,573 shares of the financial services provider’s stock valued at $854,647,000 after purchasing an additional 734,939 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Capital One Financial by 45.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,677,128 shares of the financial services provider’s stock valued at $838,609,000 after purchasing an additional 1,454,595 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Price Performance

COF opened at $223.59 on Tuesday. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The firm has a market cap of $142.99 billion, a price-to-earnings ratio of 94.34, a price-to-earnings-growth ratio of 0.75 and a beta of 1.18. The company’s 50-day moving average price is $219.53 and its 200 day moving average price is $206.17. 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 announced its earnings results on Tuesday, October 21st. The financial services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $4.25 by $1.70. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The firm had revenue of $15.36 billion for the quarter, compared to the consensus estimate of $15.06 billion. During the same quarter in the previous year, the business earned $4.51 EPS. The firm’s revenue for the quarter was up 53.4% on a year-over-year basis. As a group, sell-side analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on COF. UBS Group dropped their price target on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, October 7th. Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $248.00 to $260.00 and gave the stock an “outperform” rating in a report on Wednesday, July 23rd. The Goldman Sachs Group upped their target price on Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Morgan Stanley raised their price target on shares of Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Finally, Citigroup increased their price objective on shares of Capital One Financial from $275.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $261.63.

Insider Activity at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the transaction, the general counsel owned 98,486 shares of the company’s stock, valued at approximately $20,878,047.14. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Timothy P. Golden sold 3,462 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total transaction of $727,989.36. Following the completion of the sale, the chief accounting officer directly owned 8,987 shares of the company’s stock, valued at approximately $1,889,786.36. This represents a 27.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,184 shares of company stock worth $2,799,248 in the last 90 days. Corporate insiders own 1.26% of the company’s stock.

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.