Capital One Financial Corporation $COF is Delta Global Management LP’s 5th Largest Position

Delta Global Management LP increased its stake in Capital One Financial Corporation (NYSE:COF) by 18.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 267,837 shares of the financial services provider’s stock after acquiring an additional 42,378 shares during the period. Capital One Financial makes up approximately 4.0% of Delta Global Management LP’s investment portfolio, making the stock its 5th biggest position. Delta Global Management LP’s holdings in Capital One Financial were worth $48,862,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in COF. Focus Financial Network Inc. lifted its stake in shares of Capital One Financial by 2.8% in the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 43 shares during the last quarter. First Command Advisory Services Inc. increased its position in shares of Capital One Financial by 4.5% during the 4th quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after purchasing an additional 46 shares during the last quarter. Dogwood Wealth Management LLC increased its position in shares of Capital One Financial by 26.0% during the 4th quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock valued at $55,000 after purchasing an additional 47 shares during the last quarter. Pflug Koory LLC raised its holdings in Capital One Financial by 1.6% during the 4th quarter. Pflug Koory LLC now owns 3,086 shares of the financial services provider’s stock valued at $748,000 after buying an additional 48 shares during the period. Finally, High Note Wealth LLC raised its holdings in Capital One Financial by 44.9% during the 4th quarter. High Note Wealth LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after buying an additional 48 shares during the period. 89.84% of the stock is owned by institutional investors.

Capital One Financial News Summary

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

• Positive Sentiment: Capital One’s Q2 results showed improved profitability, with the company swinging back to net income and posting higher net interest income, reinforcing the view that its core business momentum remains solid.
• Positive Sentiment: Multiple reports highlighted bullish analyst sentiment, including Piper Sandler and Morgan Stanley maintaining buy ratings, while one note set a $260 price target, suggesting meaningful upside from current levels.
• Positive Sentiment: Several articles pointed to Capital One’s technology and AI advantages, including its cloud-native infrastructure and open-source security tool VulnHunter, which support the company’s long-term competitive positioning.
• Neutral Sentiment: Capital One is also being viewed as a value stock after earnings, with coverage noting that the shares trade at a discount to peers on forward earnings and tangible book value.
• Negative Sentiment: The stock is facing overhang from legal and regulatory headlines, including a Zelle fraud lawsuit, a Canada data-breach settlement, and reports that customer payouts from a separate $425 million settlement may be delayed after an appeal.

Capital One Financial Price Performance

Shares of COF stock opened at $202.53 on Friday. The stock has a 50 day moving average price of $195.38 and a 200 day moving average price of $200.56. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.03 and a current ratio of 1.02. The firm has a market capitalization of $126.03 billion, a P/E ratio of 12.53, a P/E/G ratio of 0.76 and a beta of 1.02.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating the consensus estimate of $4.79 by $1.02. The company had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.Capital One Financial’s quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.48 EPS. As a group, sell-side analysts predict that Capital One Financial Corporation will post 20.13 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial’s payout ratio is currently 19.80%.

Insiders Place Their Bets

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total value of $728,000.00. Following the transaction, the general counsel directly owned 90,194 shares in the company, valued at approximately $18,760,352. This represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the transaction, the insider owned 61,579 shares in the company, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,749 shares of company stock valued at $1,708,577 over the last three months. Insiders own 0.78% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Truist Financial dropped their price objective on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Morgan Stanley cut their price objective on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. Wells Fargo & Company reduced their target price on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a report on Wednesday, June 24th. Finally, Royal Bank Of Canada dropped their price target on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research note on Friday, April 10th. Twenty investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.82.

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.