Capital One Financial Corporation $COF Stock Acquired by Peddock Capital Advisors LLC

Key Points

• Peddock Capital Advisors increased its Capital One position by 315% in the third quarter, adding 38,246 shares to own 50,389 shares valued at approximately $9.7 million.
• Institutional investors own about 89.84% of Capital One’s stock, while company insiders sold 33,850 shares worth roughly $7.2 million over the past 90 days.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $255.04, although several firms recently lowered their targets amid concerns about earnings, credit losses and the pending Discover acquisition.

Peddock Capital Advisors LLC lifted its position in shares of Capital One Financial Corporation (NYSE:COF) by 315.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,389 shares of the financial services provider's stock after buying an additional 38,246 shares during the period. Capital One Financial makes up approximately 1.9% of Peddock Capital Advisors LLC's portfolio, making the stock its 11th largest position. Peddock Capital Advisors LLC's holdings in Capital One Financial were worth $9,729,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc lifted its holdings in Capital One Financial by 17.8% in the first quarter. Bell Investment Advisors Inc now owns 344 shares of the financial services provider's stock valued at $63,000 after acquiring an additional 52 shares during the last quarter. Turtle Creek Wealth Advisors LLC grew its position in Capital One Financial by 1.6% in the first quarter. Turtle Creek Wealth Advisors LLC now owns 3,462 shares of the financial services provider's stock worth $632,000 after acquiring an additional 53 shares during the period. Louisbourg Investments Inc. increased its stake in Capital One Financial by 6.7% during the first quarter. Louisbourg Investments Inc. now owns 870 shares of the financial services provider's stock worth $159,000 after acquiring an additional 55 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Capital One Financial by 3.1% during the second quarter. Revolve Wealth Partners LLC now owns 2,014 shares of the financial services provider's stock worth $404,000 after acquiring an additional 60 shares during the last quarter. Finally, North Dakota State Investment Board raised its position in Capital One Financial by 0.3% in the second quarter. North Dakota State Investment Board now owns 18,272 shares of the financial services provider's stock valued at $3,666,000 after purchasing an additional 62 shares during the period. Hedge funds and other institutional investors own 89.84% of the company's stock.

Insider Buying and Selling

In other news, insider Michael Zamsky sold 5,473 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the sale, the insider owned 27,992 shares of the company's stock, valued at approximately $6,102,815.84. This represents a 16.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lia Dean sold 2,193 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $225.52, for a total transaction of $494,565.36. Following the completion of the transaction, the insider directly owned 63,261 shares of the company's stock, valued at approximately $14,266,620.72. The trade was a 3.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 33,850 shares of company stock worth $7,167,152 over the last 90 days. 0.78% of the stock is owned by insiders.

More Capital One Financial News

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: Analysts remain bullish on Capital One as a leading financial-stock pick, supporting investor confidence in the company’s long-term growth prospects. Analysts Are Bullish on Top Financial Stocks
• Positive Sentiment: Capital One and the Capital One Foundation announced 10 finalists for a $25 million Scaling Pathways to Homeownership initiative. The program could strengthen the company’s community profile and support its broader $265 billion Community Benefits Plan. Capital One’s $25 Million Homeownership Initiative
• Positive Sentiment: Capital One is viewed as a value stock ahead of earnings, with investors potentially attracted by its relatively modest valuation and expectations for possible earnings outperformance. Why Capital One Is a Strong Value Stock
• Neutral Sentiment: Investors are preparing for Capital One’s October 20 third-quarter report. Forecasts call for revenue growth but potentially lower year-over-year earnings, making credit losses, loan demand, expenses and card performance key areas to watch. How Upcoming Earnings Will Impact Capital One Stock Investors
• Neutral Sentiment: The pending Discover acquisition remains a major valuation driver. Analysts are balancing potential strategic benefits against integration and execution risks in a more challenging macroeconomic environment. Capital One Stock Sees Fair Value Cut
• Negative Sentiment: Weak consumer-loan demand, higher provisions for credit losses and rising expenses could pressure third-quarter profit, despite continued strength in credit-card operations. Will Weak Consumer Loan Demand and High Provisions Hurt COF Earnings?
• Negative Sentiment: A valuation update reduced fair value to approximately $252.27 from $258.27, reflecting caution around the Discover transaction, earnings outlook and economic conditions. Capital One is also facing fresh OCC scrutiny of customer-risk policies, adding regulatory uncertainty. Capital One Fair Value Cut

Analyst Ratings Changes

Several brokerages have recently commented on COF. Morgan Stanley decreased their price target on Capital One Financial from $273.00 to $267.00 and set an "overweight" rating on the stock in a research note on Monday. Citigroup cut their price objective on Capital One Financial from $295.00 to $280.00 and set a "buy" rating for the company in a research report on Tuesday, September 29th. Piper Sandler raised their price objective on Capital One Financial from $254.00 to $260.00 and gave the stock an "overweight" rating in a research report on Monday, September 28th. JPMorgan Chase & Co. decreased their target price on shares of Capital One Financial from $246.00 to $227.00 and set an "overweight" rating on the stock in a research report on Monday, October 12th. Finally, BMO Capital Markets initiated coverage on shares of Capital One Financial in a research note on Friday, October 9th. They set a "market perform" rating and a $219.00 target price for the company. Twenty equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $255.04.

Capital One Financial Trading Up 1.4%

NYSE:COF traded up $2.85 during trading hours on Friday, reaching $201.72. 4,747,796 shares of the stock were exchanged, compared to its average volume of 3,837,061. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The business has a 50-day moving average of $208.08 and a two-hundred day moving average of $200.23. The company has a market capitalization of $123.75 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 0.96 and a beta of 1.04. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating analysts' consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%. The business had revenue of $15.83 billion during the quarter, compared to analysts' expectations of $15.76 billion. During the same period in the previous year, the firm posted $5.48 earnings per share. The company's revenue was up 26.9% on a year-over-year basis. On average, equities analysts predict that Capital One Financial Corporation will post 20.36 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, August 17th. Capital One Financial's payout ratio is currently 19.80%.

Capital One Financial Company Profile

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.

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