Capital One Financial Corporation $COF Stock: Childress Capital Advisors LLC Raises Stake

Childress Capital Advisors LLC boosted its stake in Capital One Financial Corporation (NYSE:COF) by 199.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,643 shares of the financial services provider’s stock after buying an additional 3,091 shares during the period. Childress Capital Advisors LLC’s holdings in Capital One Financial were worth $896,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Motley Fool Asset Management LLC bought a new stake in shares of Capital One Financial during the third quarter valued at approximately $8,652,000. North Dakota State Investment Board grew its holdings in Capital One Financial by 3.4% in the 3rd quarter. North Dakota State Investment Board now owns 18,888 shares of the financial services provider’s stock worth $3,647,000 after buying an additional 616 shares in the last quarter. VestGen Advisors LLC grew its holdings in Capital One Financial by 17.9% in the 3rd quarter. VestGen Advisors LLC now owns 14,500 shares of the financial services provider’s stock worth $2,799,000 after buying an additional 2,202 shares in the last quarter. BLB&B Advisors LLC increased its position in Capital One Financial by 1.1% in the 3rd quarter. BLB&B Advisors LLC now owns 53,073 shares of the financial services provider’s stock valued at $10,247,000 after acquiring an additional 593 shares during the period. Finally, Generali Asset Management SPA SGR increased its position in Capital One Financial by 7.1% in the 3rd quarter. Generali Asset Management SPA SGR now owns 31,537 shares of the financial services provider’s stock valued at $6,089,000 after acquiring an additional 2,104 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insiders Place Their Bets

In related news, insider Lia Dean sold 2,193 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $225.52, for a total value of $494,565.36. Following the completion of the transaction, the insider owned 63,261 shares in the company, valued at $14,266,620.72. This trade represents a 3.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Zamsky sold 5,473 shares of Capital One Financial stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $218.02, for a total value of $1,193,223.46. Following the completion of the transaction, the insider directly owned 27,992 shares in the company, valued at $6,102,815.84. This represents a 16.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 115,194 shares of company stock worth $23,546,209. Corporate insiders own 0.78% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on COF shares. TD Cowen lifted their target price on Capital One Financial from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, October 21st. Weiss Ratings raised Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 21st. HSBC upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and lifted their price objective for the company from $226.00 to $229.00 in a research note on Sunday, July 12th. Barclays upped their price objective on shares of Capital One Financial from $237.00 to $238.00 and gave the stock an “overweight” rating in a report on Wednesday, October 21st. Finally, Evercore reiterated an “outperform” rating and issued a $230.00 target price on shares of Capital One Financial in a research report on Tuesday. Twenty research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.77.

Capital One Financial Stock Performance

NYSE:COF opened at $208.70 on Friday. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average of $204.82 and a 200-day moving average of $201.76. The firm has a market cap of $128.03 billion, a price-to-earnings ratio of 12.32, a price-to-earnings-growth ratio of 0.94 and a beta of 1.04.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.53 by $1.16. The company had revenue of $16.31 billion for the quarter, compared to analysts’ expectations of $16.25 billion. Capital One Financial had a net margin of 13.70% and a return on equity of 11.64%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.95 EPS. Analysts forecast that Capital One Financial Corporation will post 21.45 earnings per share for the current fiscal year.

About Capital One Financial

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.