Capital One Financial Co. (NYSE:COF) Shares Sold by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC decreased its holdings in Capital One Financial Co. (NYSE:COF) by 0.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,807 shares of the financial services provider’s stock after selling 119 shares during the quarter. Peddock Capital Advisors LLC’s holdings in Capital One Financial were worth $2,284,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Sunflower Bank N.A. increased its position in shares of Capital One Financial by 4.8% during the fourth quarter. Sunflower Bank N.A. now owns 2,705 shares of the financial services provider’s stock worth $482,000 after purchasing an additional 125 shares in the last quarter. Cooper Financial Group raised its holdings in Capital One Financial by 12.1% in the 4th quarter. Cooper Financial Group now owns 6,297 shares of the financial services provider’s stock valued at $1,123,000 after acquiring an additional 681 shares during the last quarter. Wedmont Private Capital lifted its stake in Capital One Financial by 5.9% in the 4th quarter. Wedmont Private Capital now owns 5,765 shares of the financial services provider’s stock worth $1,011,000 after purchasing an additional 321 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in shares of Capital One Financial during the 4th quarter worth approximately $1,616,000. Finally, Czech National Bank grew its position in shares of Capital One Financial by 6.3% in the fourth quarter. Czech National Bank now owns 82,717 shares of the financial services provider’s stock valued at $14,750,000 after purchasing an additional 4,929 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 2.9 %

Shares of COF stock traded up $5.10 during trading hours on Monday, reaching $180.39. 4,205,222 shares of the stock were exchanged, compared to its average volume of 2,769,117. The business’s fifty day moving average is $182.88 and its two-hundred day moving average is $158.89. The firm has a market capitalization of $68.77 billion, a P/E ratio of 17.03, a P/E/G ratio of 1.36 and a beta of 1.46. Capital One Financial Co. has a 12-month low of $123.23 and a 12-month 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 quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same period in the prior year, the firm posted $4.45 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. As a group, research analysts expect that Capital One Financial Co. will post 13.54 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a $0.60 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.33%. Capital One Financial’s dividend payout ratio is presently 22.66%.

Insiders Place Their Bets

In other news, insider Michael Zamsky sold 10,541 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This trade represents a 9.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,007 shares of company stock valued at $4,982,647 over the last quarter. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on COF. Truist Financial started coverage on Capital One Financial in a research note on Tuesday, January 7th. They set a “buy” rating and a $229.00 price objective on the stock. Wells Fargo & Company upped their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Keefe, Bruyette & Woods raised their price objective on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $162.00 to $186.00 and gave the company a “neutral” rating in a research report on Monday, December 9th. Finally, Barclays upgraded shares of Capital One Financial from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $158.00 to $219.00 in a research report on Monday, January 6th. Eight equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $188.81.

Capital One Financial Company 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.