Callan Family Office LLC Sells 12,716 Shares of Capital One Financial Corporation $COF

Callan Family Office LLC lowered its holdings in Capital One Financial Corporation (NYSE:COF) by 16.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,582 shares of the financial services provider’s stock after selling 12,716 shares during the period. Callan Family Office LLC’s holdings in Capital One Financial were worth $13,941,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Earned Wealth Advisors LLC acquired a new position in shares of Capital One Financial during the 2nd quarter worth approximately $254,000. Cortland Associates Inc. MO bought a new position in shares of Capital One Financial in the third quarter valued at $14,391,000. CIBC Asset Management Inc increased its holdings in Capital One Financial by 53.9% during the second quarter. CIBC Asset Management Inc now owns 88,505 shares of the financial services provider’s stock worth $18,830,000 after buying an additional 30,991 shares during the last quarter. Montecito Bank & Trust bought a new stake in Capital One Financial during the third quarter worth $647,000. Finally, Meridian Wealth Management LLC lifted its stake in Capital One Financial by 334.8% in the third quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock valued at $1,999,000 after acquiring an additional 7,241 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on COF shares. BTIG Research lowered their price objective on shares of Capital One Financial from $308.00 to $270.00 and set a “buy” rating on the stock in a research note on Friday, January 23rd. HSBC reduced their price target on Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a report on Tuesday, January 20th. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. The Goldman Sachs Group reiterated a “buy” rating and set a $300.00 target price on shares of Capital One Financial in a research note on Tuesday, January 6th. Finally, UBS Group dropped their price target on Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $274.70.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $223.87 on Tuesday. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market cap of $142.32 billion, a price-to-earnings ratio of 75.63, a P/E/G ratio of 0.65 and a beta of 1.14. The stock’s fifty day moving average price is $235.12 and its two-hundred day moving average price is $223.45.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The business had revenue of $15.62 billion during the quarter, compared to analyst estimates of $15.49 billion. During the same quarter last year, the company posted $2.67 earnings per share. The company’s revenue was up 53.3% on a year-over-year basis. On average, equities analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current year.

Insider Activity

In other news, insider Lia Dean sold 3,269 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $218.15, for a total transaction of $713,132.35. Following the sale, the insider directly owned 69,855 shares of the company’s stock, valued at approximately $15,238,868.25. This represents a 4.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ravi Raghu sold 13,450 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $250.00, for a total value of $3,362,500.00. Following the completion of the transaction, the insider directly owned 30,337 shares of the company’s stock, valued at approximately $7,584,250. This trade represents a 30.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 89,922 shares of company stock worth $20,480,489. 1.26% of the stock is currently owned by insiders.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.