Benin Management CORP Acquires Shares of 1,197 Capital One Financial Co. (NYSE:COF)

Benin Management CORP bought a new position in shares of Capital One Financial Co. (NYSE:COF) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,197 shares of the financial services provider’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Decker Retirement Planning Inc. acquired a new position in shares of Capital One Financial during the 4th quarter worth about $32,000. Catalyst Capital Advisors LLC purchased a new position in Capital One Financial in the 3rd quarter valued at $36,000. Creative Financial Designs Inc. ADV boosted its stake in 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 worth $43,000 after purchasing an additional 166 shares during the last quarter. Eastern Bank purchased a new stake in shares of Capital One Financial during the third quarter worth $44,000. Finally, Prospera Private Wealth LLC acquired a new stake in shares of Capital One Financial in the third quarter valued at about $47,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 0.3 %

COF stock opened at $203.32 on Friday. The company’s 50 day moving average is $184.71 and its two-hundred day moving average is $161.96. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $207.24. The company has a current ratio of 0.98, a quick ratio of 1.00 and a debt-to-equity ratio of 0.74. The stock has a market cap of $77.51 billion, a P/E ratio of 17.54, a PEG ratio of 1.29 and a beta of 1.46.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10,220,675.12 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.81 earnings per share. Research analysts expect that Capital One Financial Co. will post 15.22 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio is presently 20.71%.

Insider Buying and Selling

In other Capital One Financial news, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction dated 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 directly owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This trade represents a 9.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kara West sold 721 shares of Capital One Financial stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares of the company’s stock, valued at $2,388,374.17. The trade was a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,256 shares of company stock valued at $2,462,487 over the last three months. 1.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on COF shares. Royal Bank of Canada boosted their price target on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Truist Financial initiated coverage on Capital One Financial in a report on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price target for the company. Robert W. Baird boosted their price objective on Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Finally, UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their target price for the stock from $168.00 to $235.00 in a research note on Monday, January 13th. Ten research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $190.47.

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.