Oak Thistle LLC Invests $313,000 in Capital One Financial Co. (NYSE:COF)

Oak Thistle LLC acquired a new stake in shares of Capital One Financial Co. (NYSE:COF) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,758 shares of the financial services provider’s stock, valued at approximately $313,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in COF. Catalyst Capital Advisors LLC bought a new stake in Capital One Financial during the third quarter valued at about $36,000. Creative Financial Designs Inc. ADV lifted its holdings in Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 166 shares in the last quarter. Eastern Bank bought a new position in Capital One Financial in the 3rd quarter worth approximately $44,000. Prospera Private Wealth LLC bought a new position in Capital One Financial in the 3rd quarter worth approximately $47,000. Finally, Concord Wealth Partners grew its holdings in Capital One Financial by 115.3% during the 3rd quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock valued at $48,000 after buying an additional 173 shares in the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Truist Financial started coverage on shares of Capital One Financial in a research report on Tuesday, January 7th. They set a “buy” rating and a $229.00 target price for the company. Royal Bank of Canada raised their price objective on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 target price on the stock in a research report on Tuesday. Robert W. Baird raised their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. upped 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. Ten research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Hold” and an average target price of $188.06.

Capital One Financial Stock Performance

Capital One Financial stock opened at $191.16 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $72.88 billion, a P/E ratio of 18.05, a price-to-earnings-growth ratio of 1.12 and a beta of 1.46. Capital One Financial Co. has a 1-year low of $123.23 and a 1-year high of $198.30. The company’s 50-day moving average is $183.71 and its 200 day moving average is $159.96.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. During the same period in the prior year, the business posted $4.45 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. Research analysts forecast that Capital One Financial Co. will post 13.41 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 22.66%.

Insider Transactions at Capital One Financial

In other news, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the sale, the insider now owns 12,929 shares of the company’s stock, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,256 shares of company stock worth $2,462,487. Insiders own 1.30% of the company’s stock.

Capital One Financial 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.