State of Alaska Department of Revenue Has $13.47 Million Position in Capital One Financial Co. (NYSE:COF)

State of Alaska Department of Revenue decreased its position in Capital One Financial Co. (NYSE:COF) by 5.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 75,547 shares of the financial services provider’s stock after selling 4,076 shares during the period. State of Alaska Department of Revenue’s holdings in Capital One Financial were worth $13,470,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. FMR LLC grew its holdings in shares of Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after acquiring an additional 1,169,395 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Capital One Financial in the fourth quarter valued at $130,683,000. Wellington Management Group LLP increased its holdings in Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after buying an additional 710,881 shares during the last quarter. Southpoint Capital Advisors LP acquired a new stake in Capital One Financial in the third quarter valued at $104,811,000. Finally, KBC Group NV increased its stake in shares of Capital One Financial by 282.2% during the 4th quarter. KBC Group NV now owns 623,470 shares of the financial services provider’s stock worth $111,177,000 after purchasing an additional 460,339 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Trading Up 1.9 %

Shares of NYSE COF opened at $203.84 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial Co. has a 52-week low of $128.23 and a 52-week high of $208.63. The stock has a market cap of $77.71 billion, a P/E ratio of 17.59, a price-to-earnings-growth ratio of 1.24 and a beta of 1.47. The firm has a 50 day moving average price of $187.52 and a two-hundred day moving average price of $165.62.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The firm had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the business earned $2.81 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. As a group, equities analysts forecast that Capital One Financial Co. will post 15.44 EPS for the current year.

Insider Activity

In related news, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Argus upgraded Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. The Goldman Sachs Group upped their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Wells Fargo & Company increased their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Finally, Truist Financial boosted their price target on Capital One Financial from $229.00 to $257.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Nine investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $196.31.

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.