Azora Capital LP Purchases New Stake in Capital One Financial Co. (NYSE:COF)

Azora Capital LP acquired a new position in Capital One Financial Co. (NYSE:COF) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 190,754 shares of the financial services provider’s stock, valued at approximately $28,562,000. Capital One Financial makes up 1.5% of Azora Capital LP’s portfolio, making the stock its 22nd largest position.

Other institutional investors have also recently bought and sold shares of the company. Prossimo Advisors LLC lifted its position in shares of Capital One Financial by 2.4% in the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock worth $410,000 after purchasing an additional 65 shares in the last quarter. Arkadios Wealth Advisors increased its stake in Capital One Financial by 3.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after buying an additional 66 shares during the period. Baldwin Investment Management LLC lifted its position in Capital One Financial by 0.6% in the 3rd quarter. Baldwin Investment Management LLC now owns 12,215 shares of the financial services provider’s stock worth $1,829,000 after buying an additional 70 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of Capital One Financial by 0.7% during the 3rd quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider’s stock valued at $1,434,000 after buying an additional 71 shares during the period. Finally, Arvest Investments Inc. boosted its stake in shares of Capital One Financial by 1.2% during the 3rd quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider’s stock valued at $975,000 after buying an additional 75 shares during the period. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 10,541 shares of Capital One Financial 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 sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction 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 completion of the transaction, the insider now owns 44,711 shares of the company’s stock, valued at $7,153,760. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. The Goldman Sachs Group upped their price target on shares of Capital One Financial from $182.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Barclays lifted their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Evercore ISI increased their price objective on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research note on Monday, October 7th. Finally, Robert W. Baird boosted their target price on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. 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, the stock currently has a consensus rating of “Hold” and a consensus price target of $160.18.

Capital One Financial Stock Up 0.4 %

Capital One Financial stock opened at $192.01 on Monday. The firm has a market cap of $73.25 billion, a price-to-earnings ratio of 18.13, a P/E/G ratio of 1.40 and a beta of 1.43. The firm has a fifty day moving average price of $166.58 and a two-hundred day moving average price of $149.52. Capital One Financial Co. has a fifty-two week low of $110.18 and a fifty-two week high of $198.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00.

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

Capital One Financial Dividend Announcement

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

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.