NorthRock Partners LLC Purchases Shares of 3,891 Capital One Financial Co. (NYSE:COF)

NorthRock Partners LLC purchased a new position in Capital One Financial Co. (NYSE:COF) during the 4th quarter, Holdings Channel reports. The firm purchased 3,891 shares of the financial services provider’s stock, valued at approximately $694,000.

Several other institutional investors and hedge funds also recently made changes to their positions in COF. Bfsg LLC acquired a new position in Capital One Financial in the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Capital One Financial in the fourth quarter valued at $27,000. TruNorth Capital Management LLC bought a new position in Capital One Financial in the fourth quarter worth $29,000. Decker Retirement Planning Inc. acquired a new stake in Capital One Financial during the fourth quarter worth $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Capital One Financial during the fourth quarter worth $32,000. Institutional investors own 89.84% of the company’s stock.

Insider Activity

In related news, insider Michael Zamsky sold 9,560 shares of the firm’s stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the transaction, the insider now owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ann F. Hackett sold 1,658 shares of the business’s stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the sale, the director now directly owns 56,244 shares of the company’s stock, valued at $11,175,682.80. This represents a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on COF shares. Truist Financial raised their price objective on shares of Capital One Financial from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, April 25th. BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target for the company in a research report on Tuesday, March 25th. Evercore ISI raised Capital One Financial from an “in-line” rating to an “outperform” rating and set a $200.00 price objective on the stock in a report on Wednesday, March 12th. JPMorgan Chase & Co. lowered their price objective on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Finally, Wells Fargo & Company raised their target price on Capital One Financial from $210.00 to $225.00 and gave the stock an “overweight” rating in a research report on Thursday, April 24th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $207.73.

Capital One Financial Trading Up 0.1%

COF stock opened at $197.40 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market capitalization of $75.63 billion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 1.19 and a beta of 1.13. The business has a fifty day moving average price of $175.05 and a 200 day moving average price of $183.43. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.75 by $0.31. The business had revenue of $10 billion during the quarter, compared to analysts’ expectations of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Analysts expect that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. The ex-dividend date is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. Capital One Financial’s payout ratio is 20.15%.

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.