Peloton Wealth Strategists Makes New Investment in Capital One Financial Co. (NYSE:COF)

Peloton Wealth Strategists purchased a new stake in shares of Capital One Financial Co. (NYSE:COF - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 5,195 shares of the financial services provider's stock, valued at approximately $778,000.

Other hedge funds have also recently modified their holdings of the company. Prossimo Advisors LLC lifted its position in shares of Capital One Financial by 2.4% during 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 lifted its holdings in Capital One Financial by 3.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider's stock worth $266,000 after buying an additional 66 shares in the last quarter. Baldwin Investment Management LLC boosted 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 valued at $1,829,000 after buying an additional 70 shares during the period. Harbour Investments Inc. grew its stake in shares of Capital One Financial by 0.7% in the third quarter. Harbour Investments Inc. now owns 9,579 shares of the financial services provider's stock worth $1,434,000 after acquiring an additional 71 shares in the last quarter. Finally, Arvest Investments Inc. grew its stake in shares of Capital One Financial by 1.2% in the third quarter. Arvest Investments Inc. now owns 6,513 shares of the financial services provider's stock worth $975,000 after acquiring an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the business's stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the transaction, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 completion of the sale, the insider now directly owns 26,482 shares of the company's stock, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,007 shares of company stock worth $4,982,647 over the last 90 days. 1.30% of the stock is currently owned by insiders.

Capital One Financial Stock Performance

COF stock traded down $3.24 on Monday, hitting $184.72. The company's stock had a trading volume of 3,096,977 shares, compared to its average volume of 2,567,380. The stock has a market cap of $70.47 billion, a price-to-earnings ratio of 17.67, a price-to-earnings-growth ratio of 1.37 and a beta of 1.45. The firm has a 50 day moving average of $170.41 and a two-hundred day moving average of $151.15. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 1 year low of $117.13 and a 1 year high of $198.30.

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

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial's payout ratio is currently 22.66%.

Wall Street Analyst Weigh In

COF has been the topic of a number of analyst reports. Robert W. Baird increased their price target on Capital One Financial from $145.00 to $150.00 and gave the company a "neutral" rating in a research report on Friday, October 25th. Keefe, Bruyette & Woods raised their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an "outperform" rating in a report on Monday. Royal Bank of Canada increased their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the company a "sector perform" rating in a research report on Friday, October 25th. Barclays lifted their price objective on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 8th. Finally, Bank of America downgraded shares of Capital One Financial from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $203.00 to $200.00 in a research note on Monday. Twelve research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of "Hold" and a consensus price target of $168.47.

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.