2,932 Shares in Capital One Financial Corporation $COF Purchased by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated acquired a new stake in Capital One Financial Corporation (NYSE:COF) during the third quarter, Holdings Channel reports. The firm acquired 2,932 shares of the financial services provider’s stock, valued at approximately $623,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Generali Asset Management SPA SGR increased its stake in shares of Capital One Financial by 2.9% in the third quarter. Generali Asset Management SPA SGR now owns 44,426 shares of the financial services provider’s stock worth $9,444,000 after purchasing an additional 1,258 shares in the last quarter. Golden State Equity Partners lifted its stake in shares of Capital One Financial by 6.4% during the 3rd quarter. Golden State Equity Partners now owns 3,104 shares of the financial services provider’s stock valued at $660,000 after buying an additional 187 shares in the last quarter. True Wealth Design LLC boosted its holdings in Capital One Financial by 48.4% in the 3rd quarter. True Wealth Design LLC now owns 957 shares of the financial services provider’s stock worth $203,000 after buying an additional 312 shares during the period. Financial Consulate Inc. bought a new position in Capital One Financial in the 3rd quarter worth approximately $139,000. Finally, Salomon & Ludwin LLC grew its stake in Capital One Financial by 25.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,340 shares of the financial services provider’s stock valued at $287,000 after buying an additional 271 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on COF shares. Truist Financial increased their target price on Capital One Financial from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Jefferies Financial Group increased their price objective on Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Zacks Research downgraded Capital One Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. BTIG Research upped their price target on Capital One Financial from $264.00 to $308.00 and gave the company a “buy” rating in a research report on Friday, December 26th. Finally, The Goldman Sachs Group raised their price objective on shares of Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $269.95.

Capital One Financial Stock Performance

NYSE:COF opened at $247.74 on Friday. The stock has a market cap of $157.50 billion, a P/E ratio of 104.53, a PEG ratio of 0.56 and a beta of 1.13. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The business’s 50-day moving average price is $227.17 and its two-hundred day moving average price is $220.31. Capital One Financial Corporation has a twelve month low of $143.22 and a twelve month high of $249.74.

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

Capital One Financial Increases Dividend

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

Insider Activity

In related news, CEO Richard D. Fairbank sold 103,487 shares of Capital One Financial stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $220.68, for a total value of $22,837,511.16. Following the transaction, the chief executive officer owned 4,001,228 shares in the company, valued at $882,990,995.04. This trade represents a 2.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Frank G. LapradeIii sold 17,840 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $222.03, for a total value of $3,961,015.20. Following the completion of the transaction, the insider directly owned 48,315 shares in the company, valued at $10,727,379.45. This trade represents a 26.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 278,218 shares of company stock valued at $61,971,824. Insiders own 1.26% of the company’s stock.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.