Peapack Gladstone Financial Corp held its stake in Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,392 shares of the financial services provider’s stock at the close of the 2nd quarter. Peapack Gladstone Financial Corp’s holdings in Capital One Financial Corporation were worth $280,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the company. Guardian Life Insurance Co. of America boosted its position in shares of Capital One Financial Corporation by 0.6% during the 1st quarter. Guardian Life Insurance Co. of America now owns 1,860 shares of the financial services provider’s stock valued at $161,000 after acquiring an additional 11 shares during the last quarter. Savant Capital LLC boosted its position in shares of Capital One Financial Corporation by 0.9% during the 2nd quarter. Savant Capital LLC now owns 3,213 shares of the financial services provider’s stock valued at $265,000 after acquiring an additional 28 shares during the last quarter. ARGA Investment Management LP boosted its position in shares of Capital One Financial Corporation by 0.3% during the 2nd quarter. ARGA Investment Management LP now owns 11,002 shares of the financial services provider’s stock valued at $909,000 after acquiring an additional 32 shares during the last quarter. Hugh Johnson Advisors LLC boosted its position in shares of Capital One Financial Corporation by 0.3% during the 1st quarter. Hugh Johnson Advisors LLC now owns 21,317 shares of the financial services provider’s stock valued at $1,847,000 after acquiring an additional 54 shares during the last quarter. Finally, Union Bankshares Corp boosted its position in shares of Capital One Financial Corporation by 1.0% during the 2nd quarter. Union Bankshares Corp now owns 8,814 shares of the financial services provider’s stock valued at $728,000 after acquiring an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 87.99% of the company’s stock.

In other news, CEO Richard D. Fairbank sold 367,419 shares of the stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $87.02, for a total value of $31,972,801.38. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.73% of the company’s stock.

Capital One Financial Corporation (NYSE:COF) traded down 0.06% during trading on Friday, hitting $87.04. The stock had a trading volume of 1,914,810 shares. Capital One Financial Corporation has a 12 month low of $70.50 and a 12 month high of $96.92. The stock has a market cap of $42.13 billion, a price-to-earnings ratio of 12.69 and a beta of 1.23. The stock has a 50 day moving average price of $81.67 and a 200-day moving average price of $82.18.

Capital One Financial Corporation (NYSE:COF) last issued its quarterly earnings results on Thursday, July 20th. The financial services provider reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.06. Capital One Financial Corporation had a return on equity of 7.92% and a net margin of 13.32%. The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $6.68 billion. During the same period in the prior year, the business posted $1.76 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities analysts predict that Capital One Financial Corporation will post $7.52 EPS for the current year.

Capital One Financial Corporation announced that its Board of Directors has authorized a stock repurchase program on Wednesday, June 28th that allows the company to repurchase $1.85 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 4.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

COF has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Capital One Financial Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, July 27th. UBS AG upgraded Capital One Financial Corporation from an “underperform” rating to a “market perform” rating in a research report on Friday, July 21st. BidaskClub downgraded Capital One Financial Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Keefe, Bruyette & Woods set a $106.00 price objective on Capital One Financial Corporation and gave the company a “buy” rating in a report on Tuesday, August 15th. Finally, Instinet reissued a “buy” rating and set a $96.00 price objective (down from $101.00) on shares of Capital One Financial Corporation in a report on Wednesday, July 12th. Five research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $92.86.

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About Capital One Financial Corporation

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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

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