Pinnbrook Capital Management LP Purchases Shares of 10,293 Capital One Financial Corporation $COF

Pinnbrook Capital Management LP acquired a new stake in Capital One Financial Corporation (NYSE:COF) during the 4th quarter, Holdings Channel.com reports. The fund acquired 10,293 shares of the financial services provider’s stock, valued at approximately $2,495,000.

Several other large investors have also made changes to their positions in the business. Tompkins Financial Corp boosted its holdings in shares of Capital One Financial by 4.3% in the 4th quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after acquiring an additional 40 shares during the last quarter. Focus Financial Network Inc. boosted its holdings in shares of Capital One Financial by 2.8% in the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock valued at $380,000 after acquiring an additional 43 shares during the last quarter. Stephens Consulting LLC boosted its holdings in shares of Capital One Financial by 10.3% in the 4th quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock valued at $122,000 after acquiring an additional 47 shares during the last quarter. Dogwood Wealth Management LLC boosted its holdings in shares of Capital One Financial by 26.0% in the 4th quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after acquiring an additional 47 shares during the last quarter. Finally, Nicolet Advisory Services LLC boosted its holdings in shares of Capital One Financial by 0.7% in the 3rd quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock valued at $1,506,000 after acquiring an additional 48 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $186.62 on Friday. The company’s fifty day moving average price is $188.24 and its 200 day moving average price is $210.64. Capital One Financial Corporation has a 1 year low of $174.98 and a 1 year high of $259.64. The company has a market capitalization of $116.13 billion, a PE ratio of 65.48, a price-to-earnings-growth ratio of 0.68 and a beta of 1.05. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.68 billion. During the same period last year, the company posted $4.06 earnings per share. The business’s quarterly revenue was up 52.3% on a year-over-year basis. On average, research analysts predict that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 19th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. Capital One Financial’s dividend payout ratio is 112.28%.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Rothschild & Co Redburn dropped their price objective on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Capital One Financial in a report on Monday, March 16th. Wolfe Research dropped their price objective on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Capital One Financial in a report on Friday, March 27th. Finally, TD Cowen dropped their price objective on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating on the stock in a report on Tuesday, March 31st. Seventeen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average price target of $258.75.

Insider Activity

In related news, insider Lia Dean sold 1,692 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total transaction of $314,052.12. Following the sale, the insider directly owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. This represents a 2.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jason P. Hanson sold 3,729 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total transaction of $764,445.00. Following the sale, the insider directly owned 40,230 shares in the company, valued at $8,247,150. This trade represents a 8.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 49,904 shares of company stock valued at $9,528,159 in the last three months. Corporate insiders own 0.78% 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.