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

West Oak Capital LLC grew its position in shares of Capital One Financial Co. (NYSE:COF) by 420.0% in the fourth quarter, Holdings Channel reports. The fund owned 780 shares of the financial services provider’s stock after buying an additional 630 shares during the quarter. West Oak Capital LLC’s holdings in Capital One Financial were worth $139,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Y.D. More Investments Ltd bought a new position in Capital One Financial during the second quarter valued at $28,000. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial in the third quarter worth about $36,000. Creative Financial Designs Inc. ADV increased its stake in Capital One Financial by 135.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 166 shares during the last quarter. Eastern Bank purchased a new stake in Capital One Financial during the third quarter valued at approximately $44,000. Finally, Prospera Private Wealth LLC bought a new stake in shares of Capital One Financial in the 3rd quarter valued at approximately $47,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Wells Fargo & Company increased their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Bank of America downgraded shares of Capital One Financial from a “buy” rating to a “neutral” rating and reduced their target price for the company from $203.00 to $200.00 in a research note on Monday, December 9th. Evercore ISI upped their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Barclays raised shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $158.00 to $219.00 in a research note on Monday. Finally, Citigroup began coverage on Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 target price on the stock. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $181.12.

Capital One Financial Stock Down 2.8 %

COF stock traded down $5.06 during trading on Friday, reaching $175.08. 4,405,092 shares of the company traded hands, compared to its average volume of 2,537,659. The business has a 50 day simple moving average of $182.66 and a 200 day simple moving average of $158.31. Capital One Financial Co. has a 12 month low of $123.23 and a 12 month high of $198.30. 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 company has a market capitalization of $66.75 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 1.36 and a beta of 1.46.

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 analysts’ consensus estimates 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 company’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the business earned $4.45 EPS. On average, equities research analysts anticipate that Capital One Financial Co. will post 13.54 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were given a $0.60 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.37%. Capital One Financial’s payout ratio is 22.66%.

Insider Buying and Selling

In related news, insider Kara West sold 721 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the transaction, the insider now owns 12,929 shares in the company, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Frank G. LapradeIii sold 15,751 shares of the business’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the sale, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % 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 in the last ninety days. 1.30% of the stock is owned by insiders.

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.