Wealth Enhancement Advisory Services LLC cut its stake in Capital One Financial Corp. (NYSE:COF) by 25.4% during the fourth quarter, Holdings Channel reports. The firm owned 36,444 shares of the financial services provider’s stock after selling 12,439 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Capital One Financial were worth $3,842,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of COF. BB&T Investment Services Inc. bought a new position in Capital One Financial during the 2nd quarter worth about $108,000. Seven Eight Capital LP grew its holdings in Capital One Financial by 16.7% during the 2nd quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock worth $116,000 after acquiring an additional 200 shares in the last quarter. Archford Capital Strategies LLC grew its holdings in Capital One Financial by 8,078.3% during the 2nd quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock worth $140,000 after acquiring an additional 4,847 shares in the last quarter. Westside Investment Management Inc. grew its holdings in Capital One Financial by 48.0% during the 2nd quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock worth $143,000 after acquiring an additional 566 shares in the last quarter. Finally, Camelot Portfolios LLC bought a new position in Capital One Financial during the 3rd quarter worth about $201,000. Hedge funds and other institutional investors own 88.33% of the company’s stock.

Several research analysts have issued reports on the stock. Royal Bank of Canada reiterated a “buy” rating and set a $113.00 target price on shares of Capital One Financial in a report on Tuesday, January 9th. Piper Jaffray Companies reiterated a “hold” rating on shares of Capital One Financial in a report on Tuesday, January 9th. Wells Fargo & Co reiterated an “outperform” rating and set a $112.00 target price (up from $102.00) on shares of Capital One Financial in a report on Tuesday, January 9th. Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $111.00 target price on the stock in a report on Tuesday, December 26th. Finally, Credit Suisse Group reiterated a “neutral” rating on shares of Capital One Financial in a report on Wednesday, December 27th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the stock. Capital One Financial presently has a consensus rating of “Hold” and an average target price of $102.14.

Shares of Capital One Financial Corp. (COF) traded up $0.97 during trading on Friday, hitting $104.38. 2,928,947 shares of the company traded hands, compared to its average volume of 2,288,354. The stock has a market cap of $50,600.00, a price-to-earnings ratio of 14.64, a P/E/G ratio of 1.36 and a beta of 1.28. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 1.17. Capital One Financial Corp. has a 52-week low of $76.05 and a 52-week high of $106.47.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $2.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.15 by $0.27. The firm had revenue of $6.99 billion during the quarter, compared to analyst estimates of $6.81 billion. Capital One Financial had a net margin of 13.34% and a return on equity of 8.25%. Capital One Financial’s revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm posted $2.03 EPS. analysts anticipate that Capital One Financial Corp. will post 7.99 EPS for the current year.

Capital One Financial declared that its Board of Directors has approved a stock buyback plan on Tuesday, December 26th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

In related news, Director Ann F. Hackett sold 11,055 shares of the stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $91.18, for a total value of $1,007,994.90. Following the completion of the transaction, the director now directly owns 69,066 shares of the company’s stock, valued at approximately $6,297,437.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mayo A. Shattuck III sold 24,167 shares of the stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $92.71, for a total transaction of $2,240,522.57. Following the completion of the transaction, the director now directly owns 59,613 shares of the company’s stock, valued at $5,526,721.23. The disclosure for this sale can be found here. Insiders sold a total of 445,368 shares of company stock valued at $43,323,743 over the last ninety days. 1.73% of the stock is currently owned by insiders.

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Capital One Financial Profile

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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

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