Hennessy Advisors Inc. Boosts Stock Holdings in Capital One Financial Co. (NYSE:COF)

Hennessy Advisors Inc. grew its stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) by 45.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,000 shares of the financial services provider's stock after buying an additional 2,500 shares during the quarter. Hennessy Advisors Inc.'s holdings in Capital One Financial were worth $1,427,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Decker Retirement Planning Inc. bought a new stake in Capital One Financial during the fourth quarter worth about $32,000. Catalyst Capital Advisors LLC bought a new stake in Capital One Financial in the 3rd quarter worth approximately $36,000. Creative Financial Designs Inc. ADV boosted its stake in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider's stock worth $43,000 after buying an additional 166 shares in the last quarter. Eastern Bank bought a new position in Capital One Financial during the third quarter valued at approximately $44,000. Finally, Prospera Private Wealth LLC bought a new position in shares of Capital One Financial during the 3rd quarter valued at $47,000. Hedge funds and other institutional investors own 89.84% of the company's stock.

Analysts Set New Price Targets

COF has been the subject of a number of recent analyst reports. Hsbc Global Res upgraded shares of Capital One Financial from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a "neutral" rating in a research note on Monday, December 9th. Barclays raised Capital One Financial from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $158.00 to $219.00 in a research note on Monday, January 6th. Bank of America downgraded shares of Capital One Financial from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Finally, Evercore ISI upped their price target on Capital One Financial from $163.00 to $184.00 and gave the company an "in-line" rating in a report on Wednesday, October 30th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $188.06.

Insider Buying and Selling at Capital One Financial

In related news, insider Michael Zamsky sold 10,541 shares of the company's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares of the company's stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Kara West sold 721 shares of the firm's stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company's stock, valued at approximately $2,388,374.17. This represents a 5.28 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,256 shares of company stock valued at $2,462,487. Company insiders own 1.30% of the company's stock.

Capital One Financial Trading Up 1.4 %

NYSE:COF traded up $2.72 during midday trading on Friday, hitting $191.16. 3,723,831 shares of the company traded hands, compared to its average volume of 1,937,967. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 12-month low of $123.23 and a 12-month high of $198.30. The firm has a market capitalization of $72.88 billion, a P/E ratio of 18.05, a P/E/G ratio of 1.12 and a beta of 1.46. The firm's fifty day moving average is $183.82 and its 200-day moving average is $160.45.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping analysts' consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company's quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company posted $4.45 earnings per share. On average, sell-side analysts predict that Capital One Financial Co. will post 13.41 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date was Thursday, November 14th. Capital One Financial's dividend payout ratio (DPR) is presently 22.66%.

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.