Requisite Capital Management LLC Invests $223,000 in Capital One Financial Co. (NYSE:COF)

Requisite Capital Management LLC purchased a new stake in shares of Capital One Financial Co. (NYSE:COF) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,252 shares of the financial services provider’s stock, valued at approximately $223,000.

A number of other large investors have also added to or reduced their stakes in COF. Regatta Capital Group LLC grew its position in shares of Capital One Financial by 5.6% during the 4th quarter. Regatta Capital Group LLC now owns 8,806 shares of the financial services provider’s stock valued at $1,570,000 after acquiring an additional 470 shares during the period. Applied Capital LLC FL purchased a new stake in Capital One Financial in the fourth quarter worth $237,000. First Citizens Bank & Trust Co. bought a new stake in shares of Capital One Financial in the fourth quarter valued at $346,000. Patton Albertson Miller Group LLC purchased a new position in shares of Capital One Financial during the 4th quarter valued at $276,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Capital One Financial during the 4th quarter worth $224,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Trading Down 0.3 %

NYSE COF opened at $203.32 on Friday. The stock’s 50-day simple moving average is $185.08 and its two-hundred day simple moving average is $162.42. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $207.24. The company has a quick ratio of 1.00, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $77.51 billion, a price-to-earnings ratio of 17.54, a PEG ratio of 1.29 and a beta of 1.46.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.31. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10,220,675.12 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.81 EPS. Research analysts forecast that Capital One Financial Co. will post 15.22 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio is currently 20.71%.

Analyst Ratings Changes

COF has been the subject of several recent research reports. Truist Financial assumed coverage on shares of Capital One Financial in a research note on Tuesday, January 7th. They issued a “buy” rating and a $229.00 target price for the company. JPMorgan Chase & Co. boosted their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a report on Monday, December 9th. UBS Group raised Capital One Financial from a “neutral” rating to a “buy” rating and raised their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, Bank of America downgraded Capital One Financial from a “buy” rating to a “neutral” rating and cut their target price for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, Capital One Financial currently has an average rating of “Hold” and an average price target of $190.47.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares in the company, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the sale, the insider now owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,256 shares of company stock worth $2,462,487 in the last 90 days. 1.30% of the stock is owned by company insiders.

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.