Capital One Financial Corp. (COF) Holdings Reduced by Kanawha Capital Management LLC

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Kanawha Capital Management LLC lowered its stake in Capital One Financial Corp. (NYSE:COF) by 3.7% during the first quarter, Holdings Channel reports. The institutional investor owned 50,342 shares of the financial services provider’s stock after selling 1,951 shares during the quarter. Kanawha Capital Management LLC’s holdings in Capital One Financial were worth $4,112,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Timber Creek Capital Management LLC lifted its position in Capital One Financial by 57.5% in the first quarter. Timber Creek Capital Management LLC now owns 38,985 shares of the financial services provider’s stock valued at $3,184,000 after buying an additional 14,225 shares during the last quarter. Foundry Partners LLC lifted its position in Capital One Financial by 0.5% in the first quarter. Foundry Partners LLC now owns 299,724 shares of the financial services provider’s stock valued at $24,484,000 after buying an additional 1,475 shares during the last quarter. Clarkston Capital Partners LLC lifted its position in Capital One Financial by 1.6% in the first quarter. Clarkston Capital Partners LLC now owns 266,622 shares of the financial services provider’s stock valued at $21,780,000 after buying an additional 4,128 shares during the last quarter. Plimoth Trust Co. LLC lifted its position in Capital One Financial by 8.0% in the first quarter. Plimoth Trust Co. LLC now owns 20,070 shares of the financial services provider’s stock valued at $1,639,000 after buying an additional 1,485 shares during the last quarter. Finally, Strs Ohio lifted its position in Capital One Financial by 6.7% in the first quarter. Strs Ohio now owns 435,801 shares of the financial services provider’s stock valued at $35,600,000 after buying an additional 27,273 shares during the last quarter. 89.40% of the stock is currently owned by institutional investors.

Shares of COF stock traded up $0.23 during trading hours on Tuesday, hitting $87.84. The stock had a trading volume of 18,231 shares, compared to its average volume of 2,625,229. The company has a market capitalization of $41.17 billion, a P/E ratio of 8.08, a PEG ratio of 0.89 and a beta of 1.26. Capital One Financial Corp. has a twelve month low of $69.90 and a twelve month high of $101.26. The company has a current ratio of 1.02, a quick ratio of 1.01 and a debt-to-equity ratio of 1.13.

Capital One Financial (NYSE:COF) last posted 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 firm had revenue of $7.01 billion during the quarter, compared to analyst estimates of $7.07 billion. Capital One Financial had a net margin of 18.58% and a return on equity of 11.05%. Capital One Financial’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.59 earnings per share. Research analysts predict that Capital One Financial Corp. will post 11.04 EPS for the current fiscal year.

In related news, insider Kleber Santos sold 3,570 shares of the stock in a transaction on Thursday, February 21st. The stock was sold at an average price of $82.49, for a total transaction of $294,489.30. Following the completion of the sale, the insider now directly owns 19,454 shares of the company’s stock, valued at $1,604,760.46. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.43% of the stock is currently owned by corporate insiders.

COF has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a research note on Tuesday, January 8th. Bank of America reiterated a “buy” rating and set a $106.00 price target (down from $120.00) on shares of Capital One Financial in a research note on Wednesday, January 23rd. Morgan Stanley cut 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. William Blair reiterated a “market perform” rating on shares of Capital One Financial in a research note on Wednesday, January 16th. Finally, CIBC reiterated a “market perform” rating on shares of Capital One Financial in a research note on Wednesday, January 23rd. Two analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $104.07.

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About Capital One Financial

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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Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corp. (NYSE:COF).

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

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