Timber Creek Capital Management LLC Trims Holdings in Capital One Financial Corp. (COF)

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Timber Creek Capital Management LLC trimmed its position in shares of Capital One Financial Corp. (NYSE:COF) by 54.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,760 shares of the financial services provider’s stock after selling 29,245 shares during the period. Capital One Financial accounts for approximately 1.5% of Timber Creek Capital Management LLC’s portfolio, making the stock its 25th largest holding. Timber Creek Capital Management LLC’s holdings in Capital One Financial were worth $1,871,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Capital International Investors purchased a new stake in shares of Capital One Financial during the third quarter worth $259,357,000. Panagora Asset Management Inc. lifted its position in shares of Capital One Financial by 81.0% during the third quarter. Panagora Asset Management Inc. now owns 2,266,047 shares of the financial services provider’s stock worth $215,116,000 after acquiring an additional 1,014,394 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in shares of Capital One Financial by 9,386.2% during the third quarter. Rehmann Capital Advisory Group now owns 879,848 shares of the financial services provider’s stock worth $9,268,000 after acquiring an additional 870,573 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Capital One Financial by 422.8% during the third quarter. Renaissance Technologies LLC now owns 1,051,399 shares of the financial services provider’s stock worth $99,809,000 after acquiring an additional 850,300 shares in the last quarter. Finally, Man Group plc lifted its position in shares of Capital One Financial by 1,374.8% during the third quarter. Man Group plc now owns 829,602 shares of the financial services provider’s stock worth $78,754,000 after acquiring an additional 773,352 shares in the last quarter. 88.02% of the stock is owned by institutional investors and hedge funds.

NYSE COF traded down $0.80 during trading hours on Thursday, reaching $80.08. 6,707 shares of the stock traded hands, compared to its average volume of 3,274,323. Capital One Financial Corp. has a 1 year low of $69.90 and a 1 year high of $104.88. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $37.88 billion, a price-to-earnings ratio of 7.35, a PEG ratio of 0.86 and a beta of 1.31.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 22nd. The financial services provider reported $1.87 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.41 by ($0.54). Capital One Financial had a net margin of 18.58% and a return on equity of 11.05%. The firm had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $7.07 billion. During the same quarter in the previous year, the business earned $1.59 EPS. The company’s revenue for the quarter was up .2% on a year-over-year basis. On average, equities analysts expect that Capital One Financial Corp. will post 11.13 earnings per share for the current fiscal year.

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. dropped their target price on Capital One Financial from $113.00 to $107.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 24th. Citigroup dropped their target price on Capital One Financial from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Thursday, November 1st. Nomura lowered their price objective on Capital One Financial from $109.00 to $98.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 24th. Zacks Investment Research upgraded Capital One Financial from a “hold” rating to a “buy” rating and set a $95.00 price objective on the stock in a research report on Thursday, December 6th. Finally, BMO Capital Markets increased their price objective on Capital One Financial from $135.00 to $146.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 24th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $104.31.

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Capital One Financial Company 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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