Kingstone Capital Partners Texas LLC Makes New Investment in Capital One Financial Co. (NYSE:COF)

Kingstone Capital Partners Texas LLC acquired a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 19,846 shares of the financial services provider's stock, valued at approximately $3,539,000. Capital One Financial makes up 2.9% of Kingstone Capital Partners Texas LLC's investment portfolio, making the stock its 11th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC grew its stake in shares of Capital One Financial by 2.9% in the third quarter. Barclays PLC now owns 1,042,273 shares of the financial services provider's stock worth $156,058,000 after acquiring an additional 29,416 shares during the period. Diversify Wealth Management LLC bought a new stake in shares of Capital One Financial in the fourth quarter worth approximately $218,000. Fort Washington Investment Advisors Inc. OH bought a new stake in shares of Capital One Financial in the fourth quarter worth approximately $221,000. Simon Quick Advisors LLC grew its stake in shares of Capital One Financial by 14.3% in the fourth quarter. Simon Quick Advisors LLC now owns 2,205 shares of the financial services provider's stock worth $393,000 after acquiring an additional 276 shares during the period. Finally, Magnus Financial Group LLC bought a new stake in shares of Capital One Financial in the fourth quarter worth approximately $210,000. 89.84% of the stock is currently owned by institutional investors.

Insider Transactions at Capital One Financial

In other news, Director Ann F. Hackett sold 1,658 shares of Capital One Financial stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total value of $329,444.60. Following the sale, the director now directly 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction dated 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 sale, the insider now directly owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.26% of the company's stock.

Capital One Financial Price Performance

NYSE:COF traded down $0.97 on Wednesday, reaching $191.08. 4,355,338 shares of the company's stock traded hands, compared to its average volume of 3,454,869. 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 stock has a 50-day simple moving average of $178.50 and a 200-day simple moving average of $184.59. The firm has a market cap of $73.21 billion, a PE ratio of 16.49, a P/E/G ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a 12 month low of $128.23 and a 12 month high of $210.67.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 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 analysts' expectations of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Equities research analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be issued a $0.60 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 1.26%. Capital One Financial's dividend payout ratio (DPR) is 20.15%.

Wall Street Analyst Weigh In

COF has been the subject of a number of research analyst reports. Evercore ISI upgraded shares of Capital One Financial from an "in-line" rating to an "outperform" rating and set a $200.00 price target for the company in a research note on Wednesday, March 12th. JPMorgan Chase & Co. decreased their price target on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $210.00 to $225.00 and gave the company an "overweight" rating in a research report on Thursday, April 24th. Truist Financial upped their price objective on Capital One Financial from $215.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, April 25th. Finally, Citigroup lowered their target price on Capital One Financial from $245.00 to $230.00 and set a "buy" rating on the stock in a research report on Monday, March 24th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Capital One Financial presently has a consensus rating of "Moderate Buy" and an average target price of $207.60.

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.