Park National Corp OH Invests $5.71 Million in Capital One Financial Co. (NYSE:COF)

Park National Corp OH acquired a new position in Capital One Financial Co. (NYSE:COF - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,865 shares of the financial services provider's stock, valued at approximately $5,713,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kera Capital Partners Inc. purchased a new stake in shares of Capital One Financial during the 1st quarter worth approximately $212,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Capital One Financial by 2.5% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 9,516 shares of the financial services provider's stock worth $1,706,000 after acquiring an additional 234 shares in the last quarter. Mascagni Wealth Management Inc. purchased a new stake in shares of Capital One Financial during the 4th quarter worth approximately $108,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Capital One Financial by 14.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,230 shares of the financial services provider's stock worth $4,677,000 after acquiring an additional 3,226 shares in the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ purchased a new stake in shares of Capital One Financial during the 4th quarter worth approximately $91,780,000. Institutional investors and hedge funds own 89.84% of the company's stock.

Capital One Financial Stock Up 0.5%

Shares of Capital One Financial stock traded up $0.85 during trading hours on Monday, hitting $190.00. 1,748,641 shares of the company's stock traded hands, compared to its average volume of 4,777,099. The stock has a 50 day simple moving average of $179.14 and a 200-day simple moving average of $184.66. 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 has a market cap of $72.80 billion, a PE ratio of 16.39, a PEG ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a twelve month low of $128.23 and a twelve 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.75 by $0.31. The firm had revenue of $10 billion for the quarter, compared to analysts' expectations of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Equities research analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

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

Insider Buying and Selling

In related 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 completion of the transaction, the director now directly owns 56,244 shares in the company, valued at approximately $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Zamsky sold 9,560 shares of Capital One Financial stock in a transaction that occurred on Monday, May 12th. The shares were 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 owns 20,089 shares of the company's stock, valued at approximately $4,005,746.60. The trade was 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.

Wall Street Analysts Forecast Growth

COF has been the topic of several research analyst reports. Truist Financial boosted their price target 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. JPMorgan Chase & Co. reduced their target price on Capital One Financial from $198.00 to $170.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a research note on Tuesday, March 25th. Bank of America upped 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, Royal Bank of Canada set a $190.00 price target on Capital One Financial and gave the stock a "sector perform" rating in a research note on Monday, April 14th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Capital One Financial has a consensus rating of "Moderate Buy" and a consensus price target of $207.60.

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.