Prana Capital Management LP Purchases Shares of 123,374 Capital One Financial Co. (NYSE:COF)

Prana Capital Management LP bought a new position in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 123,374 shares of the financial services provider's stock, valued at approximately $22,000,000. Capital One Financial makes up about 1.0% of Prana Capital Management LP's portfolio, making the stock its 29th biggest position.

A number of other large investors have also bought and sold shares of COF. Bfsg LLC bought a new stake in Capital One Financial in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $27,000. TruNorth Capital Management LLC acquired a new position in shares of Capital One Financial during the fourth quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new position in shares of Capital One Financial in the 4th quarter worth $32,000. Finally, Decker Retirement Planning Inc. bought a new position in shares of Capital One Financial in the 4th quarter worth $32,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Stock Performance

Shares of Capital One Financial stock traded down $1.68 on Tuesday, reaching $195.73. 1,863,496 shares of the company traded hands, compared to its average volume of 4,714,620. The company has a 50 day moving average of $176.22 and a 200 day moving average of $184.17. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.98 and a quick ratio of 0.98. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The firm has a market capitalization of $74.99 billion, a PE ratio of 16.89, a PEG ratio of 1.19 and a beta of 1.13.

Capital One Financial (NYSE:COF - Get Free Report) last issued 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 firm 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 analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm 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 dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Friday, May 23rd. Capital One Financial's payout ratio is currently 20.15%.

Insider Buying and Selling

In other Capital One Financial news, 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 transaction 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 $4,005,746.60. The trade was a 32.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ann F. Hackett sold 1,658 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the completion of the sale, the director now directly owns 56,244 shares in the company, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have commented on COF. Robert W. Baird upgraded shares of Capital One Financial from a "neutral" rating to an "outperform" rating and boosted their price target for the company from $190.00 to $200.00 in a research note on Tuesday, March 11th. JPMorgan Chase & Co. decreased their target price on shares of Capital One Financial from $198.00 to $170.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. BTIG Research upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price on the stock in a report on Tuesday, March 25th. Baird R W upgraded Capital One Financial from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. Finally, Barclays increased their price objective on Capital One Financial from $219.00 to $220.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 22nd. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Capital One Financial has a consensus rating of "Moderate Buy" and a consensus price target of $207.73.

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.