Pin Oak Investment Advisors Inc. Purchases 135 Shares of Capital One Financial Co. (NYSE:COF)

Pin Oak Investment Advisors Inc. increased its stake in Capital One Financial Co. (NYSE:COF) by 51.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 396 shares of the financial services provider’s stock after purchasing an additional 135 shares during the quarter. Pin Oak Investment Advisors Inc.’s holdings in Capital One Financial were worth $59,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in COF. FMR LLC lifted its holdings in Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock worth $994,350,000 after purchasing an additional 1,169,395 shares during the last quarter. Eminence Capital LP acquired a new position in shares of Capital One Financial during the second quarter worth approximately $127,465,000. International Assets Investment Management LLC lifted its holdings in shares of Capital One Financial by 123.4% during the second quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider’s stock worth $107,016,000 after buying an additional 427,000 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Capital One Financial by 1,518.0% during the third quarter. Assenagon Asset Management S.A. now owns 412,355 shares of the financial services provider’s stock worth $61,742,000 after buying an additional 386,870 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Capital One Financial by 501.4% during the second quarter. SG Americas Securities LLC now owns 332,700 shares of the financial services provider’s stock worth $46,062,000 after buying an additional 277,377 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

In other news, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. This trade represents a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 29,007 shares of company stock worth $4,982,647 over the last ninety days. Insiders own 1.30% of the company’s stock.

Capital One Financial Stock Down 0.1 %

Capital One Financial stock traded down $0.16 during mid-day trading on Thursday, reaching $191.29. The stock had a trading volume of 1,561,079 shares, compared to its average volume of 2,579,206. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial Co. has a fifty-two week low of $106.14 and a fifty-two week high of $198.30. The stock’s 50-day simple moving average is $165.02 and its 200-day simple moving average is $148.80. The firm has a market capitalization of $72.98 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.40 and a beta of 1.43.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. Capital One Financial’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.45 earnings per share. On average, sell-side analysts forecast that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s payout ratio is 22.66%.

Analyst Upgrades and Downgrades

COF has been the subject of a number of research analyst reports. Citigroup initiated coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price target for the company. The Goldman Sachs Group upped their price target on Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Evercore ISI upped their target price on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Royal Bank of Canada upped their target price on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a research note on Friday, October 25th. Finally, Barclays upped their target price on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Eleven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial has an average rating of “Hold” and an average price target of $160.18.

About Capital One Financial

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.