Conning Inc. Has $857,000 Position in Capital One Financial Corp. (COF)

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Conning Inc. reduced its position in shares of Capital One Financial Corp. (NYSE:COF) by 9.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,334 shares of the financial services provider’s stock after selling 1,120 shares during the period. Conning Inc.’s holdings in Capital One Financial were worth $857,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fox Run Management L.L.C. grew its position in shares of Capital One Financial by 255.8% in the third quarter. Fox Run Management L.L.C. now owns 8,550 shares of the financial services provider’s stock valued at $812,000 after purchasing an additional 6,147 shares during the last quarter. Chemung Canal Trust Co. purchased a new position in shares of Capital One Financial in the 3rd quarter valued at $2,389,000. First National Bank of Mount Dora Trust Investment Services raised its stake in shares of Capital One Financial by 2.5% in the 3rd quarter. First National Bank of Mount Dora Trust Investment Services now owns 51,942 shares of the financial services provider’s stock valued at $4,931,000 after acquiring an additional 1,247 shares during the period. E&G Advisors LP raised its stake in shares of Capital One Financial by 98.6% in the 3rd quarter. E&G Advisors LP now owns 6,044 shares of the financial services provider’s stock valued at $574,000 after acquiring an additional 3,000 shares during the period. Finally, Legacy Private Trust Co. raised its stake in shares of Capital One Financial by 91.3% in the 3rd quarter. Legacy Private Trust Co. now owns 5,318 shares of the financial services provider’s stock valued at $505,000 after acquiring an additional 2,538 shares during the period. 88.02% of the stock is owned by hedge funds and other institutional investors.

COF has been the topic of several analyst reports. Morgan Stanley dropped their price target on shares of Capital One Financial from $107.00 to $100.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 8th. BMO Capital Markets lifted their price target on shares of Capital One Financial from $135.00 to $146.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 24th. Barclays dropped their price target on shares of Capital One Financial from $125.00 to $114.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 2nd. Sandler O’Neill lifted their price target on shares of Capital One Financial from $113.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, October 24th. Finally, Wedbush downgraded shares of Capital One Financial to a “sell” rating and set a $80.00 price target on the stock. in a research note on Thursday, December 20th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $104.31.

Shares of COF stock opened at $80.88 on Thursday. The firm has a market cap of $37.68 billion, a price-to-earnings ratio of 7.43, a P/E/G ratio of 0.86 and a beta of 1.31. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 1.13. Capital One Financial Corp. has a 1-year low of $69.90 and a 1-year high of $104.88.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 22nd. The financial services provider reported $1.87 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.41 by ($0.54). The company had revenue of $7.01 billion for the quarter, compared to analyst estimates of $7.07 billion. Capital One Financial had a return on equity of 11.05% and a net margin of 18.58%. Capital One Financial’s revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business earned $1.59 earnings per share. Equities analysts forecast that Capital One Financial Corp. will post 11.13 earnings per share for the current fiscal year.

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Capital One Financial Profile

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

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