TriaGen Wealth Management LLC has significantly expanded its investment in **Capital One Financial Corporation** (NYSE: COF), increasing its stake by **381%** during the third quarter of this year. According to data from Holdings Channel, TriaGen acquired an additional **10,222 shares**, bringing its total holdings to **12,905 shares**, valued at approximately **$2.74 million** based on the latest filing with the **Securities and Exchange Commission (SEC)**.
Other institutional investors have also made notable adjustments to their positions in Capital One. **Kingstone Capital Partners Texas LLC** dramatically boosted its holdings by **588,668.3%** in the second quarter, now owning nearly **117.4 million shares** worth around **$25 billion** after acquiring an additional **117.4 million shares** during that period. Similarly, **Vanguard Group Inc.** increased its stake by **74.8%**, bringing its total to approximately **56.4 million shares**, valued at **$12 million** following the purchase of **24.1 million shares**.
**State Street Corp** raised its holdings by **63.4%**, now holding **27.8 million shares** worth about **$5.9 billion** after acquiring an additional **10.8 million shares**. Additionally, **Norges Bank** entered the fray with a new stake valued at roughly **$1.7 billion** in the same quarter, while **Geode Capital Management LLC** increased its position by **64.1%**, owning about **14 million shares** valued at **$3 billion** following the acquisition of **5.5 million shares**.
Overall, **hedge funds and institutional investors** control approximately **89.84%** of Capital One’s stock.
Analysts Assess Capital One’s Market Performance
Several financial analysts have recently provided updated evaluations of Capital One’s stock. **Citigroup** raised its price target from **$290.00** to **$310.00**, maintaining a “buy” rating. **Deutsche Bank Aktiengesellschaft** also increased its target price from **$240.00** to **$263.00**, assigning a “hold” rating. Meanwhile, **Jefferies Financial Group** raised its target from **$265.00** to **$275.00**, also recommending a “buy” rating.
Analysts’ ratings indicate a strong confidence in the stock, with three research analysts issuing a “Strong Buy” rating, seventeen giving it a “Buy” rating, and seven assigning a “Hold” rating. According to **MarketBeat**, the average rating for Capital One Financial stands at “Moderate Buy” with a projected target price of **$269.95**.
Capital One’s Recent Trading Activity and Earnings
Shares of **Capital One Financial** opened at **$247.74** on Monday, reflecting a **2.2%** increase in trading activity. The company has experienced a twelve-month low of **$143.22** and a high of **$249.74**. The firm has a market capitalization of **$157.5 billion** and a P/E ratio of **104.53**.
The most recent quarterly earnings report, released on **November 3**, showed an earnings per share (EPS) of **$5.95**. Capital One reported revenues of **$15.46 billion** for the quarter, demonstrating a net margin of **2.24%** and a return on equity of **10.94%**. Analysts project an EPS of **$15.65** for the current fiscal year.
Recently, Capital One also declared a quarterly dividend of **$0.80** per share, an increase from the previous **$0.60**. This dividend was paid on **December 1** to shareholders of record as of **November 17**. The annualized dividend now stands at **$3.20**, yielding **1.3%**, with a payout ratio of **135.02%**.
Insider Trading Activity
In other news related to **Capital One**, insider **Lia Dean** sold **3,269 shares** on **December 1**, realizing a total value of approximately **$713,132**. Following this transaction, Dean retained **69,855 shares**, valued at around **$15.2 million**. Similarly, **General Counsel Matthew W. Cooper** sold **2,000 shares** on **December 2** for about **$443,080**, reducing his ownership to **94,486 shares** valued at approximately **$20.9 million**.
In the last ninety days, insiders have sold **278,218 shares** valued at **$61.97 million**, representing about **1.26%** of the company’s total stock holdings.
**Capital One Financial Corporation**, headquartered in **McLean, Virginia**, operates as a diversified bank holding company. Its core services include credit card lending, consumer and commercial banking, and auto finance. With a broad range of credit card products and banking services, Capital One continues to be a major player in the financial services sector.
