Twin Peaks Wealth Advisors LLC Sells 121 Shares of Capital One Financial Co. (NYSE:COF)

Twin Peaks Wealth Advisors LLC decreased its position in shares of Capital One Financial Co. (NYSE:COF) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,282 shares of the financial services provider’s stock after selling 121 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in Capital One Financial were worth $229,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of COF. Private Advisor Group LLC raised its stake in Capital One Financial by 10.4% during the third quarter. Private Advisor Group LLC now owns 8,601 shares of the financial services provider’s stock worth $1,288,000 after buying an additional 808 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Capital One Financial by 2.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,042 shares of the financial services provider’s stock worth $6,197,000 after acquiring an additional 933 shares in the last quarter. Arkadios Wealth Advisors grew its stake in shares of Capital One Financial by 3.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after buying an additional 66 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Capital One Financial by 7.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,004 shares of the financial services provider’s stock valued at $3,444,000 after acquiring an additional 1,564 shares in the last quarter. Finally, Concord Wealth Partners increased its stake in Capital One Financial by 115.3% during the 3rd quarter. Concord Wealth Partners now owns 323 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 173 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Stock Performance

Shares of NYSE COF opened at $193.94 on Wednesday. The stock has a market cap of $73.96 billion, a price-to-earnings ratio of 16.73, a P/E/G ratio of 1.19 and a beta of 1.47. Capital One Financial Co. has a 1-year low of $128.23 and a 1-year high of $210.67. The stock’s 50-day moving average is $192.01 and its 200 day moving average is $171.88. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 EPS for the quarter, topping the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The firm had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis. On average, sell-side analysts anticipate that Capital One Financial Co. will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Tuesday, February 18th. Capital One Financial’s payout ratio is 20.71%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on COF shares. Argus raised Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a report on Monday, December 9th. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Wells Fargo & Company upped their price target on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Finally, Keefe, Bruyette & Woods raised their target price on Capital One Financial from $185.00 to $232.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. Seven research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $202.27.

Capital One Financial 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.