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1,755 Shares in Capital One Financial Co. (NYSE:COF) Bought by Pines Wealth Management LLC

Capital One Financial logo with Finance background

Pines Wealth Management LLC bought a new stake in Capital One Financial Co. (NYSE:COF - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,755 shares of the financial services provider's stock, valued at approximately $308,000.

Several other hedge funds also recently modified their holdings of the stock. Sunflower Bank N.A. boosted its holdings in Capital One Financial by 4.8% during the fourth quarter. Sunflower Bank N.A. now owns 2,705 shares of the financial services provider's stock worth $482,000 after purchasing an additional 125 shares during the last quarter. Cooper Financial Group lifted its position in shares of Capital One Financial by 12.1% during the 4th quarter. Cooper Financial Group now owns 6,297 shares of the financial services provider's stock worth $1,123,000 after buying an additional 681 shares in the last quarter. Wedmont Private Capital boosted its stake in shares of Capital One Financial by 5.9% in the 4th quarter. Wedmont Private Capital now owns 5,765 shares of the financial services provider's stock worth $1,011,000 after buying an additional 321 shares during the last quarter. Fiduciary Alliance LLC bought a new position in shares of Capital One Financial in the fourth quarter valued at approximately $1,616,000. Finally, Czech National Bank increased its position in shares of Capital One Financial by 6.3% during the fourth quarter. Czech National Bank now owns 82,717 shares of the financial services provider's stock valued at $14,750,000 after acquiring an additional 4,929 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Analyst Ratings Changes

COF has been the subject of a number of recent analyst reports. UBS Group upgraded Capital One Financial from a "neutral" rating to a "buy" rating and upped their price objective for the company from $168.00 to $235.00 in a research note on Monday. HSBC upgraded shares of Capital One Financial from a "reduce" rating to a "hold" rating and set a $176.00 price objective for the company in a report on Tuesday. Robert W. Baird boosted their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. The Goldman Sachs Group raised their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a "buy" rating in a research note on Tuesday, November 19th. Finally, Royal Bank of Canada upped their price objective on Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a research note on Friday, October 25th. Ten analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Capital One Financial presently has a consensus rating of "Hold" and an average price target of $188.06.

Check Out Our Latest Analysis on COF

Capital One Financial Price Performance

Shares of COF stock traded down $2.16 during trading hours on Thursday, reaching $188.52. The stock had a trading volume of 2,005,834 shares, compared to its average volume of 2,932,624. The stock's fifty day simple moving average is $183.63 and its 200 day simple moving average is $159.54. The firm has a market capitalization of $71.87 billion, a PE ratio of 17.80, a PEG ratio of 1.12 and a beta of 1.46. Capital One Financial Co. has a 12 month low of $123.23 and a 12 month high of $198.30. 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 (NYSE:COF - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating analysts' consensus estimates of $3.70 by $0.81. The firm had revenue of $10 billion during 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 business's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $4.45 EPS. On average, equities research 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 declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were issued a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.27%. Capital One Financial's payout ratio is currently 22.66%.

Insider Transactions at Capital One Financial

In related news, insider Kara West sold 721 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the transaction, the insider now owns 12,929 shares of the company's stock, valued at $2,388,374.17. This represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm's stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the sale, the insider now owns 19,776 shares in the company, valued at $3,211,029.12. The trade was a 9.16 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,256 shares of company stock valued at $2,462,487. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Profile

(Free Report)

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.

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

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