D.A. Davidson & CO. boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 4.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 74,641 shares of the financial services provider’s stock after buying an additional 3,144 shares during the period. D.A. Davidson & CO.’s holdings in Capital One Financial were worth $13,617,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the stock. Tompkins Financial Corp boosted its holdings in shares of Capital One Financial by 4.3% in the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after buying an additional 40 shares during the period. Focus Financial Network Inc. lifted its position in 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 acquiring an additional 43 shares in the last quarter. First Command Advisory Services Inc. lifted its position in Capital One Financial by 4.5% in 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 acquiring an additional 46 shares in the last quarter. Stephens Consulting LLC boosted its stake in Capital One Financial by 10.3% in the 4th quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock worth $122,000 after purchasing an additional 47 shares during the period. Finally, Dogwood Wealth Management LLC boosted its stake in Capital One Financial by 26.0% in the 4th quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 47 shares during the period. Institutional investors own 89.84% of the company’s stock.
Capital One Financial Stock Performance
COF opened at $211.86 on Friday. The business’s 50-day simple moving average is $193.10 and its 200 day simple moving average is $201.95. 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 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market capitalization of $131.84 billion, a PE ratio of 74.34, a PEG ratio of 0.74 and a beta of 1.02.
Capital One Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial’s dividend payout ratio is presently 112.28%.
Trending Headlines about Capital One Financial
Here are the key news stories impacting Capital One Financial this week:
- Positive Sentiment: Analysts expect Capital One’s Q2 results to benefit from card loans, net interest income, and fee income, which could help offset near-term pressures and support earnings momentum. Card Loans, Fee Income to Support COF Q2 Earnings, Provisions to Hurt
- Positive Sentiment: Capital One has drawn fresh support from multiple bullish Wall Street calls, with firms such as UBS, BTIG, HSBC, and Piper Sandler turning more constructive on the stock. Capital One Financial (COF) Is Up 8.8% After Cluster Of Upbeat Wall Street Analyst Calls
- Positive Sentiment: Recent commentary from UBS and others suggests Capital One may still be attractive on valuation relative to its growth prospects, especially with optimism around the Discover acquisition and card integration. Is Capital One Financial (COF) Trading At A Discount Or A Premium?
- Neutral Sentiment: Capital One announced up to $500 in travel credits for Spark business cardholders, a customer-perk update that may support product engagement but is unlikely to move the stock on its own. Capital One (COF) Unveils Up To $500 In Spark Business Travel Credits
- Negative Sentiment: Offsetting the positive setup, higher provisions and expenses are expected to pressure Q2 earnings, and the company also faces a $35 million settlement tied to the 2019 data breach class action in Canada, pending court approval. CAPITAL ONE 2019 DATA BREACH CLASS ACTION
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on COF shares. Bank of America decreased their price objective on Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a report on Thursday, July 9th. 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 note on Tuesday, July 7th. Argus cut their target price on Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Wells Fargo & Company reduced their price target on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Finally, Royal Bank Of Canada decreased 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 assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.91.
Read Our Latest Report on Capital One Financial
Insider Activity at Capital One Financial
In related news, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the transaction, the insider directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 the business’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total transaction of $728,000.00. Following the transaction, the general counsel owned 90,194 shares in the company, valued at approximately $18,760,352. The trade was a 3.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 insiders.
Capital One Financial Profile
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.
Recommended Stories
- Five stocks we like better than Capital One Financial
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corporation (NYSE:COF – Free Report).
Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.
