Hennessy Advisors Inc. Increases Stake in Capital One Financial Co. (NYSE:COF)

Hennessy Advisors Inc. boosted its stake in Capital One Financial Co. (NYSE:COF) by 45.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,000 shares of the financial services provider’s stock after buying an additional 2,500 shares during the quarter. Hennessy Advisors Inc.’s holdings in Capital One Financial were worth $1,427,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial in the 4th quarter valued at approximately $32,000. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial during the third quarter valued at $36,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of Capital One Financial by 135.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after buying an additional 166 shares in the last quarter. Eastern Bank purchased a new stake in shares of Capital One Financial in the 3rd quarter worth about $44,000. Finally, Prospera Private Wealth LLC bought a new position in shares of Capital One Financial in the 3rd quarter worth about $47,000. 89.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on COF shares. Keefe, Bruyette & Woods boosted their price objective on shares of Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. HSBC upgraded Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a research note on Tuesday, January 14th. Robert W. Baird lifted their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Barclays raised Capital One Financial from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $158.00 to $219.00 in a research note on Monday, January 6th. Finally, Royal Bank of Canada lifted their price target on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $188.06.

Insider Buying and Selling

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares in the company, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,256 shares of company stock valued at $2,462,487. 1.30% of the stock is owned by company insiders.

Capital One Financial Stock Up 1.4 %

Capital One Financial stock opened at $191.16 on Friday. The stock has a market cap of $72.88 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 1.12 and a beta of 1.46. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a fifty day moving average of $183.82 and a 200 day moving average of $160.31. Capital One Financial Co. has a one year low of $123.23 and a one year high of $198.30.

Capital One Financial (NYSE:COF) last issued 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. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The firm had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter in the prior year, the business earned $4.45 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. As a group, sell-side analysts predict that Capital One Financial Co. will post 13.41 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were paid a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.26%. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

Capital One Financial 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.