West Oak Capital LLC Acquires 630 Shares of Capital One Financial Co. (NYSE:COF)

West Oak Capital LLC lifted its stake in Capital One Financial Co. (NYSE:COF) by 420.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 780 shares of the financial services provider’s stock after acquiring an additional 630 shares during the period. West Oak Capital LLC’s holdings in Capital One Financial were worth $139,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in COF. Y.D. More Investments Ltd bought a new stake in Capital One Financial during the second quarter valued at $28,000. Catalyst Capital Advisors LLC purchased a new position in shares of Capital One Financial during the third quarter worth about $36,000. Strategic Financial Concepts LLC bought a new position in shares of Capital One Financial in the second quarter worth approximately $42,000. Creative Financial Designs Inc. ADV raised its stake in Capital One Financial by 135.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 166 shares in the last quarter. Finally, Eastern Bank purchased a new position in Capital One Financial in the 3rd quarter worth approximately $44,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on COF. Truist Financial began coverage on shares of Capital One Financial in a report on Tuesday. They set a “buy” rating and a $229.00 price objective for the company. Royal Bank of Canada upped their price objective on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Evercore ISI raised their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Wells Fargo & Company upped their target price on Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Finally, Robert W. Baird lifted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Capital One Financial presently has an average rating of “Hold” and a consensus price target of $181.12.

Insider Buying and Selling at Capital One Financial

In related news, insider Frank G. LapradeIii sold 15,751 shares of the business’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now directly owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’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 $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,007 shares of company stock worth $4,982,647. Insiders own 1.30% of the company’s stock.

Capital One Financial Stock Down 2.8 %

COF traded down $5.06 during midday trading on Friday, reaching $175.08. The company’s stock had a trading volume of 4,405,092 shares, compared to its average volume of 2,537,659. The stock’s 50-day moving average is $182.66 and its 200-day moving average is $158.31. Capital One Financial Co. has a 1 year low of $123.23 and a 1 year high of $198.30. The firm has a market capitalization of $66.75 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 1.36 and a beta of 1.46. 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 (NYSE:COF) last released its earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $3.70 by $0.81. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $4.45 earnings per share. As a group, research analysts expect that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.37%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is currently 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.