SteelPeak Wealth LLC Has $719,000 Stake in Capital One Financial Co. (NYSE:COF)

SteelPeak Wealth LLC trimmed its position in shares of Capital One Financial Co. (NYSE:COF) by 82.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,191 shares of the financial services provider’s stock after selling 24,610 shares during the period. SteelPeak Wealth LLC’s holdings in Capital One Financial were worth $719,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Cantor Fitzgerald Investment Advisors L.P. acquired a new stake in shares of Capital One Financial in the 4th quarter valued at approximately $2,299,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in shares of Capital One Financial by 21.4% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock valued at $4,093,000 after purchasing an additional 4,840 shares in the last quarter. Twin Tree Management LP boosted its stake in shares of Capital One Financial by 5.6% in the 1st quarter. Twin Tree Management LP now owns 68,504 shares of the financial services provider’s stock valued at $10,200,000 after purchasing an additional 3,609 shares in the last quarter. Montag A & Associates Inc. boosted its stake in shares of Capital One Financial by 42,536.0% in the 4th quarter. Montag A & Associates Inc. now owns 21,318 shares of the financial services provider’s stock valued at $2,795,000 after purchasing an additional 21,268 shares in the last quarter. Finally, First Trust Direct Indexing L.P. boosted its stake in shares of Capital One Financial by 14.3% in the 4th quarter. First Trust Direct Indexing L.P. now owns 12,715 shares of the financial services provider’s stock valued at $1,667,000 after purchasing an additional 1,588 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Capital One Financial

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

Capital One Financial Stock Up 0.9 %

COF stock traded up $1.19 during midday trading on Thursday, reaching $137.14. 2,374,362 shares of the company’s stock traded hands, compared to its average volume of 2,529,868. The company has a market cap of $52.14 billion, a price-to-earnings ratio of 10.75, a P/E/G ratio of 1.13 and a beta of 1.45. The firm’s fifty day moving average price is $139.65 and its 200-day moving average price is $139.65. 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 Co. has a 52 week low of $88.23 and a 52 week high of $153.35.

Capital One Financial (NYSE:COF) last announced its quarterly earnings results 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 business had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm posted $3.52 EPS. As a group, sell-side analysts forecast that Capital One Financial Co. will post 13.17 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Monday, August 12th will be paid a dividend of $0.60 per share. The ex-dividend date is Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a yield of 1.75%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Analyst Upgrades and Downgrades

COF has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. Bank of America raised their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Evercore ISI dropped their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a report on Tuesday, June 25th. BTIG Research initiated coverage on shares of Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating for the company. Finally, Jefferies Financial Group upgraded shares of Capital One Financial from a “hold” rating to a “buy” rating and raised their price objective for the company from $145.00 to $165.00 in a report on Thursday, June 6th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Hold” and an average price target of $145.89.

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.