Pin Oak Investment Advisors Inc. Acquires 135 Shares of Capital One Financial Co. (NYSE:COF)

Pin Oak Investment Advisors Inc. increased its holdings in Capital One Financial Co. (NYSE:COF) by 51.7% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 396 shares of the financial services provider’s stock after buying an additional 135 shares during the quarter. Pin Oak Investment Advisors Inc.’s holdings in Capital One Financial were worth $59,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of COF. Asset Management One Co. Ltd. increased its position in shares of Capital One Financial by 5.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 146,769 shares of the financial services provider’s stock valued at $21,976,000 after purchasing an additional 7,331 shares during the last quarter. CWA Asset Management Group LLC purchased a new stake in shares of Capital One Financial in the 3rd quarter valued at $1,649,000. Clear Harbor Asset Management LLC purchased a new position in shares of Capital One Financial in the 2nd quarter valued at about $511,000. QRG Capital Management Inc. lifted its position in Capital One Financial by 3.2% during the 2nd quarter. QRG Capital Management Inc. now owns 122,264 shares of the financial services provider’s stock worth $16,927,000 after acquiring an additional 3,776 shares during the period. Finally, Cetera Advisors LLC increased its stake in Capital One Financial by 114.0% in the 1st quarter. Cetera Advisors LLC now owns 7,948 shares of the financial services provider’s stock valued at $1,183,000 after purchasing an additional 4,234 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Insider Activity at Capital One Financial

In other news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the sale, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock worth $4,982,647 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

COF has been the topic of a number of research reports. The Goldman Sachs Group raised their target price on shares of Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Evercore ISI boosted their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Barclays upped their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Citigroup began coverage on shares of Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. Finally, JPMorgan Chase & Co. raised their price objective on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $160.18.

Capital One Financial Trading Down 0.1 %

NYSE:COF traded down $0.16 during trading hours on Thursday, hitting $191.29. The company had a trading volume of 1,561,079 shares, compared to its average volume of 2,579,206. The company has a market capitalization of $72.98 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.40 and a beta of 1.43. The stock has a 50-day moving average price of $165.02 and a 200 day moving average price of $148.80. Capital One Financial Co. has a 52 week low of $106.14 and a 52 week high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating the consensus estimate of $3.70 by $0.81. The business 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 firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.45 earnings per share. On average, equities research analysts predict that Capital One Financial Co. will post 13.54 EPS for the current fiscal 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 $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is currently 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.