Northcape Wealth Management LLC Takes $1.12 Million Position in Capital One Financial Corporation $COF

Northcape Wealth Management LLC purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,561 shares of the financial services provider’s stock, valued at approximately $1,116,000.

Several other large investors also recently added to or reduced their stakes in COF. HighTower Advisors LLC boosted its holdings in shares of Capital One Financial by 18.1% in the fourth quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider’s stock worth $85,739,000 after acquiring an additional 54,263 shares during the period. Swiss Life Asset Management Ltd raised its stake in shares of Capital One Financial by 11.2% during the 4th quarter. Swiss Life Asset Management Ltd now owns 115,843 shares of the financial services provider’s stock valued at $28,076,000 after purchasing an additional 11,651 shares during the period. Vanguard Group Inc. raised its stake in shares of Capital One Financial by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock valued at $13,789,615,000 after purchasing an additional 360,071 shares during the period. Nomura Asset Management Co. Ltd. lifted its holdings in Capital One Financial by 2.9% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 223,977 shares of the financial services provider’s stock worth $54,283,000 after purchasing an additional 6,225 shares in the last quarter. Finally, Truist Financial Corp lifted its holdings in Capital One Financial by 2.5% during the 4th quarter. Truist Financial Corp now owns 640,050 shares of the financial services provider’s stock worth $155,122,000 after purchasing an additional 15,644 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In related news, insider Lia Dean sold 2,193 shares of the company’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 value of $494,565.36. Following the transaction, the insider directly owned 63,261 shares in the company, valued at approximately $14,266,620.72. This represents a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ravi Raghu sold 9,726 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the completion of the sale, the insider directly owned 26,328 shares in the company, valued at $5,523,087.84. This represents a 26.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 26,267 shares of company stock valued at $5,617,648 in the last ninety days. Insiders own 0.78% of the company’s stock.

Capital One Financial Price Performance

NYSE:COF opened at $220.56 on Thursday. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The stock has a fifty day moving average of $207.37 and a 200 day moving average of $198.11. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market capitalization of $135.31 billion, a price-to-earnings ratio of 13.65, a P/E/G ratio of 0.81 and a beta of 1.02.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping analysts’ consensus estimates of $4.79 by $1.02. The business had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company’s quarterly revenue was up 26.9% compared to the same quarter last year. During the same period in the prior year, the company earned $5.48 EPS. On average, research analysts expect that Capital One Financial Corporation will post 20.29 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be issued a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s payout ratio is presently 19.80%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Argus lowered their price target on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Weiss Ratings upgraded shares of Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Barclays reduced their price objective on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Finally, Piper Sandler began coverage on shares of Capital One Financial in a report on Monday, June 29th. They set an “overweight” rating and a $254.00 target price on the stock. Twenty-one research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $259.36.

Capital One Financial News Roundup

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

• Positive Sentiment: TD Cowen maintained a Buy rating on COF, signaling continued confidence in the company’s outlook and valuation. TD Cowen Remains a Buy on Capital One Financial
• Positive Sentiment: Recent coverage continues to highlight Capital One’s latest deals as potential drivers of growth and investor interest. The stock is also being promoted as a long-term value opportunity, supported by a relatively moderate valuation and expectations for approximately $20.29 in full-year earnings per share. What Is Driving Capital One After Its Latest Deals? Why Capital One Is a Top Value Stock for the Long-Term
• Positive Sentiment: Fundamentals remain supportive: Capital One recently exceeded quarterly EPS expectations, reported revenue growth of 26.9% year over year, and declared a quarterly dividend of $0.80 per share.
• Neutral Sentiment: Insiders Celia Karam and Lia Dean sold shares worth roughly $426,000 and $495,000, respectively. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their significance as a direct bearish signal. Celia Karam Sells Shares of Capital One Financial
• Negative Sentiment: A report says Capital One shut down 385 accounts associated with Donald Trump after identifying money-laundering flags, following the company’s $390 million FinCEN penalty. The episode could increase regulatory, political, reputational, and compliance concerns, creating the clearest source of near-term pressure on COF. Capital One Shut Down 385 Trump Accounts

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.