Procyon Advisors LLC Acquires 1,729 Shares of Capital One Financial Co. (NYSE:COF)

Procyon Advisors LLC boosted its holdings in Capital One Financial Co. (NYSE:COF - Free Report) by 8.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 21,112 shares of the financial services provider's stock after buying an additional 1,729 shares during the period. Procyon Advisors LLC's holdings in Capital One Financial were worth $3,765,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC lifted its position in shares of Capital One Financial by 21.4% during the third quarter. FMR LLC now owns 6,640,951 shares of the financial services provider's stock worth $994,350,000 after purchasing an additional 1,169,395 shares in the last quarter. Eminence Capital LP acquired a new position in Capital One Financial in the 2nd quarter worth $127,465,000. International Assets Investment Management LLC purchased a new position in Capital One Financial in the 4th quarter valued at about $130,683,000. Wellington Management Group LLP grew its stake in shares of Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider's stock valued at $146,052,000 after acquiring an additional 710,881 shares in the last quarter. Finally, Southpoint Capital Advisors LP purchased a new stake in shares of Capital One Financial during the third quarter worth about $104,811,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Trading Up 1.4 %

Shares of Capital One Financial stock traded up $2.72 on Friday, reaching $191.16. 3,723,831 shares of the company were exchanged, 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 fifty-two week low of $123.23 and a fifty-two week high of $198.30. The firm has a market capitalization of $72.88 billion, a price-to-earnings ratio of 18.05, a price-to-earnings-growth ratio of 1.12 and a beta of 1.46. The stock has a fifty day moving average price of $183.82 and a 200-day moving average price of $160.31.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $10 billion for the quarter, compared to analysts' expectations 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 in the previous year, the company posted $4.45 EPS. On average, analysts expect that Capital One Financial Co. will post 13.41 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend 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%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday. UBS Group raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Barclays upgraded shares of Capital One Financial from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $158.00 to $219.00 in a research note on Monday, January 6th. HSBC raised 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. Finally, JPMorgan Chase & Co. increased their target price 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 analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $188.06.

Insider Activity at Capital One Financial

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

About Capital One Financial

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.