20,120 Shares in Capital One Financial Corporation $COF Acquired by Oak Thistle LLC

Oak Thistle LLC bought a new position in shares of Capital One Financial Corporation (NYSE:COF) in the third quarter, HoldingsChannel.com reports. The firm bought 20,120 shares of the financial services provider’s stock, valued at approximately $4,277,000. Capital One Financial makes up 0.7% of Oak Thistle LLC’s portfolio, making the stock its 11th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Fragasso Financial Advisors Inc lifted its stake in shares of Capital One Financial by 7.3% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 1,015 shares of the financial services provider’s stock worth $218,000 after purchasing an additional 69 shares during the last quarter. TruWealth Advisors LLC raised its holdings in Capital One Financial by 87.7% in the third quarter. TruWealth Advisors LLC now owns 4,062 shares of the financial services provider’s stock worth $863,000 after purchasing an additional 1,898 shares in the last quarter. New England Research & Management Inc. purchased a new stake in shares of Capital One Financial during the third quarter valued at about $1,472,000. Venture Visionary Partners LLC boosted its holdings in shares of Capital One Financial by 5.7% in the 3rd quarter. Venture Visionary Partners LLC now owns 6,416 shares of the financial services provider’s stock valued at $1,364,000 after buying an additional 348 shares in the last quarter. Finally, Nilsine Partners LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at about $1,295,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Capital One Financial news, CEO Richard D. Fairbank sold 103,487 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the completion of the transaction, the chief executive officer directly owned 4,001,228 shares of the company’s stock, valued at approximately $882,990,995.04. This trade represents a 2.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Frank G. LapradeIii sold 17,840 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $222.03, for a total transaction of $3,961,015.20. Following the sale, the insider owned 48,315 shares of the company’s stock, valued at approximately $10,727,379.45. The trade was a 26.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 280,218 shares of company stock worth $62,395,804 in the last quarter. 1.26% of the stock is currently owned by corporate insiders.

Capital One Financial Price Performance

NYSE COF opened at $241.93 on Wednesday. The company has a market cap of $153.80 billion, a price-to-earnings ratio of 102.08, a PEG ratio of 0.57 and a beta of 1.16. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s fifty day moving average price is $218.88 and its 200 day moving average price is $215.97. Capital One Financial Corporation has a 1 year low of $143.22 and a 1 year high of $243.31.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The business had revenue of $15.46 billion for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. As a group, equities research analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were given a $0.80 dividend. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Monday, November 17th. Capital One Financial’s payout ratio is currently 135.02%.

Analysts Set New Price Targets

Several research firms recently commented on COF. The Goldman Sachs Group boosted their price objective on shares of Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Truist Financial upped their price target on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Evercore ISI increased their price objective on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. Barclays boosted their target price on Capital One Financial from $257.00 to $271.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Finally, Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus target price of $263.10.

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.