Pallas Capital Advisors LLC Has $1.05 Million Position in Capital One Financial Co. (NYSE:COF)

Pallas Capital Advisors LLC increased its stake in Capital One Financial Co. (NYSE:COF - Free Report) by 162.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,839 shares of the financial services provider's stock after acquiring an additional 3,610 shares during the period. Pallas Capital Advisors LLC's holdings in Capital One Financial were worth $1,047,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bfsg LLC purchased a new position in shares of Capital One Financial in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Capital One Financial in the fourth quarter valued at about $27,000. TruNorth Capital Management LLC acquired a new stake in Capital One Financial during the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. acquired a new position in Capital One Financial in the 4th quarter valued at $32,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in Capital One Financial during the fourth quarter worth about $41,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have weighed in on COF shares. BTIG Research raised shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 price objective for the company in a research report on Tuesday, March 25th. Truist Financial lifted their target price on Capital One Financial from $215.00 to $225.00 and gave the company a "buy" rating in a research note on Friday, April 25th. Royal Bank of Canada set a $190.00 target price on Capital One Financial and gave the stock a "sector perform" rating in a report on Monday, April 14th. Bank of America raised their target price on Capital One Financial from $223.00 to $233.00 and gave the company a "buy" rating in a research note on Wednesday, May 21st. Finally, Evercore ISI raised shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target on the stock in a research note on Wednesday, March 12th. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $210.64.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 9,560 shares of the firm's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the completion of the transaction, the insider now directly owns 20,089 shares of the company's stock, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total value of $329,444.60. Following the completion of the transaction, the director now owns 56,244 shares of the company's stock, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by insiders.

Capital One Financial Trading Down 1.5%

Shares of COF stock traded down $2.98 during mid-day trading on Thursday, reaching $197.55. The company's stock had a trading volume of 702,142 shares, compared to its average volume of 3,517,954. Capital One Financial Co. has a 12-month low of $128.23 and a 12-month high of $210.67. The firm has a market capitalization of $75.69 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.19 and a beta of 1.13. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company's 50 day simple moving average is $182.83 and its 200-day simple moving average is $185.36.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.75 by $0.31. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. On average, research analysts predict that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend was Friday, May 23rd. Capital One Financial's dividend payout ratio is currently 20.15%.

Capital One Financial 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.