Capital One Financial Corporation $COF Holdings Trimmed by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its position in shares of Capital One Financial Corporation (NYSE:COF) by 5.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,445,070 shares of the financial services provider’s stock after selling 84,499 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Capital One Financial were worth $263,624,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of COF. Brighton Jones LLC lifted its holdings in Capital One Financial by 330.1% in the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of Capital One Financial by 44.3% in the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after purchasing an additional 2,753 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Capital One Financial by 118.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after purchasing an additional 1,788 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $218,000. Finally, Jump Financial LLC bought a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $1,086,000. 89.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

COF has been the topic of several research reports. Argus dropped their price target on Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Wells Fargo & Company reduced their price objective on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Royal Bank Of Canada decreased their target price on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a report on Friday, April 10th. TD Cowen cut their target price on Capital One Financial from $260.00 to $253.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Piper Sandler began coverage on Capital One Financial in a report on Monday, June 29th. They set an “overweight” rating and a $254.00 target price for the company. Eighteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $259.71.

Key Capital One Financial News

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

• Positive Sentiment: Analysts remained supportive, with TD Cowen and UBS reiterating buy ratings and setting price targets of $253 and $275, respectively, suggesting meaningful upside from current levels.
• Positive Sentiment: The Discover deal continues to be viewed as strategically important because it could deepen Capital One’s payments footprint and reduce reliance on third-party networks.
• Neutral Sentiment: Capital One General Counsel Matthew W. Cooper sold 3,500 shares under a pre-arranged 10b5-1 plan, a disclosure that may add to the market’s cautious tone but does not by itself signal a major business change. SEC filing
• Neutral Sentiment: The company’s latest quarterly results were mixed, with earnings and revenue both missing estimates, which keeps investors focused on whether near-term performance can improve before the next report on July 21.
• Negative Sentiment: Markets appear concerned about execution risk tied to the Discover integration, especially as card migration and cost synergies become a bigger focus in the weeks ahead.
• Negative Sentiment: Recent insider selling across multiple executives may be reinforcing caution among traders, even though the transactions were disclosed and some were planned in advance.

Capital One Financial Price Performance

Shares of NYSE:COF opened at $191.71 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64. The business has a fifty day simple moving average of $191.49 and a 200 day simple moving average of $203.73. The firm has a market cap of $119.30 billion, a price-to-earnings ratio of 67.26, a P/E/G ratio of 0.73 and a beta of 1.02.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same period in the previous year, the business posted $4.06 EPS. Capital One Financial’s revenue for the quarter was up 52.3% on a year-over-year basis. As a group, sell-side analysts predict that Capital One Financial Corporation will post 19.53 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, May 19th. Capital One Financial’s payout ratio is currently 112.28%.

Insider Activity at Capital One Financial

In related news, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the transaction, the insider owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. This trade represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total transaction of $728,000.00. Following the completion of the sale, the general counsel owned 90,194 shares of the company’s stock, valued at $18,760,352. This trade represents a 3.74% 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. In the last three months, insiders sold 8,749 shares of company stock valued at $1,708,577. 0.78% of the stock is currently owned by company insiders.

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.