Pendal Group Ltd Makes New $75,000 Investment in Capital One Financial Corp. (NYSE:COF)

Pendal Group Ltd bought a new position in Capital One Financial Corp. (NYSE:COF) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 827 shares of the financial services provider’s stock, valued at approximately $75,000.

Several other hedge funds have also modified their holdings of COF. Tufton Capital Management boosted its position in Capital One Financial by 0.8% in the first quarter. Tufton Capital Management now owns 17,607 shares of the financial services provider’s stock valued at $1,438,000 after buying an additional 136 shares during the last quarter. Thompson Siegel & Walmsley LLC boosted its position in Capital One Financial by 3.3% in the first quarter. Thompson Siegel & Walmsley LLC now owns 4,381 shares of the financial services provider’s stock valued at $358,000 after buying an additional 138 shares during the last quarter. Cornell Pochily Investment Advisors Inc. boosted its position in Capital One Financial by 4.1% in the second quarter. Cornell Pochily Investment Advisors Inc. now owns 3,615 shares of the financial services provider’s stock valued at $328,000 after buying an additional 141 shares during the last quarter. Peddock Capital Advisors LLC boosted its position in Capital One Financial by 1.3% in the first quarter. Peddock Capital Advisors LLC now owns 11,122 shares of the financial services provider’s stock valued at $909,000 after buying an additional 144 shares during the last quarter. Finally, Cadence Bank NA boosted its position in Capital One Financial by 1.6% in the first quarter. Cadence Bank NA now owns 9,510 shares of the financial services provider’s stock valued at $777,000 after buying an additional 149 shares during the last quarter. Institutional investors and hedge funds own 88.28% of the company’s stock.

Capital One Financial stock opened at $85.50 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.88. Capital One Financial Corp. has a 12 month low of $69.90 and a 12 month high of $101.26. The stock’s 50 day simple moving average is $90.79 and its two-hundred day simple moving average is $87.44. The firm has a market cap of $39.25 billion, a PE ratio of 7.86, a P/E/G ratio of 0.91 and a beta of 1.24.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, July 18th. The financial services provider reported $3.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.84 by $0.53. Capital One Financial had a return on equity of 10.68% and a net margin of 17.50%. The business had revenue of $7.12 billion for the quarter, compared to analyst estimates of $7.01 billion. During the same quarter in the prior year, the firm posted $3.71 EPS. The business’s quarterly revenue was down .9% compared to the same quarter last year. On average, equities research analysts forecast that Capital One Financial Corp. will post 11.49 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Monday, August 5th were given a $0.40 dividend. The ex-dividend date of this dividend was Friday, August 2nd. This represents a $1.60 annualized dividend and a yield of 1.87%. Capital One Financial’s dividend payout ratio is presently 14.71%.

A number of brokerages recently commented on COF. Deutsche Bank reiterated a “hold” rating and issued a $98.00 target price on shares of Capital One Financial in a research report on Monday, July 8th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $98.00 target price on shares of Capital One Financial in a research report on Friday, May 3rd. ValuEngine lowered Capital One Financial from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Jefferies Financial Group upgraded Capital One Financial from a “hold” rating to a “buy” rating and upped their target price for the company from $95.00 to $115.00 in a research report on Tuesday, May 14th. Finally, Piper Jaffray Companies set a $111.00 target price on Capital One Financial and gave the company a “buy” rating in a research report on Friday, July 19th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $105.11.

In other news, Director Bradford H. Warner sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $85.98, for a total transaction of $343,920.00. Following the completion of the transaction, the director now directly owns 57,930 shares of the company’s stock, valued at approximately $4,980,821.40. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Bradford H. Warner sold 14,500 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $91.74, for a total value of $1,330,230.00. Following the transaction, the director now directly owns 40,621 shares of the company’s stock, valued at $3,726,570.54. The disclosure for this sale can be found here. In the last 90 days, insiders sold 55,149 shares of company stock worth $5,053,283. Insiders own 1.43% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

Featured Story: Day Trading – Risk Worth the Reward?

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corp. (NYSE:COF).

Institutional Ownership by Quarter for Capital One Financial (NYSE:COF)

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.