Peddock Capital Advisors LLC Acquires 163 Shares of Capital One Financial Co. (NYSE:COF)

Peddock Capital Advisors LLC boosted its holdings in shares of Capital One Financial Co. (NYSE:COF) by 1.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,926 shares of the financial services provider’s stock after acquiring an additional 163 shares during the period. Peddock Capital Advisors LLC’s holdings in Capital One Financial were worth $1,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brookstone Capital Management lifted its position in shares of Capital One Financial by 4.1% during the third quarter. Brookstone Capital Management now owns 4,354 shares of the financial services provider’s stock valued at $652,000 after buying an additional 173 shares during the last quarter. City Holding Co. lifted its position in shares of Capital One Financial by 3.1% during the third quarter. City Holding Co. now owns 4,945 shares of the financial services provider’s stock valued at $740,000 after buying an additional 150 shares during the last quarter. FCF Advisors LLC purchased a new stake in shares of Capital One Financial during the third quarter valued at about $2,594,000. Traveka Wealth LLC purchased a new stake in shares of Capital One Financial during the third quarter valued at about $208,000. Finally, Callan Family Office LLC lifted its position in shares of Capital One Financial by 38.5% during the third quarter. Callan Family Office LLC now owns 3,200 shares of the financial services provider’s stock valued at $479,000 after buying an additional 890 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the completion of the transaction, the insider now directly owns 73,734 shares in the company, valued at approximately $11,060,100. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the sale, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the completion of the sale, the insider now owns 73,734 shares in the company, valued at $11,060,100. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Stock Performance

Shares of NYSE COF traded up $0.67 during midday trading on Wednesday, reaching $150.17. 422,207 shares of the stock were exchanged, compared to its average volume of 2,442,829. The firm has a market cap of $57.09 billion, a price-to-earnings ratio of 11.70, a PEG ratio of 1.21 and a beta of 1.44. Capital One Financial Co. has a twelve month low of $88.23 and a twelve month high of $154.18. The firm has a 50-day simple moving average of $142.74 and a two-hundred day simple moving average of $141.76. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The firm had revenue of $9.51 billion for the quarter, compared to analyst estimates of $9.57 billion. Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. Capital One Financial’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $3.52 EPS. As a group, analysts anticipate that Capital One Financial Co. will post 12.91 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were paid a dividend of $0.60 per share. The ex-dividend date was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.60%. Capital One Financial’s payout ratio is 18.79%.

Wall Street Analyst Weigh In

Several analysts have commented on COF shares. JPMorgan Chase & Co. increased their price target on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $150.00 price objective on shares of Capital One Financial in a research report on Thursday, July 25th. Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They issued a “buy” rating and a $190.00 price objective for the company. Evercore ISI decreased their price objective on shares of Capital One Financial from $166.00 to $163.00 and set an “in-line” rating for the company in a research report on Monday. Finally, Bank of America increased their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $148.00.

About Capital One Financial

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.