Johnson Financial Group Inc. Makes New Investment in Capital One Financial Corporation $COF

Johnson Financial Group Inc. bought a new stake in Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,146 shares of the financial services provider’s stock, valued at approximately $1,233,000.

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

Capital One Financial Stock Performance

Shares of COF opened at $220.56 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The firm has a market capitalization of $135.31 billion, a PE ratio of 13.65, a price-to-earnings-growth ratio of 0.81 and a beta of 1.02. The company has a 50-day simple moving average of $207.37 and a two-hundred day simple moving average of $198.11.

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

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial’s payout ratio is currently 19.80%.

Insider Transactions at Capital One Financial

In other news, insider Celia Karam sold 1,888 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $225.52, for a total transaction of $425,781.76. Following the sale, the insider owned 59,708 shares in the company, valued at $13,465,348.16. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 Capital One Financial stock in a transaction on Friday, July 31st. The stock was sold at an average price of $209.78, for a total value of $2,040,320.28. Following the completion of the sale, the insider directly owned 26,328 shares of the company’s stock, valued at approximately $5,523,087.84. The trade was a 26.98% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 26,267 shares of company stock valued at $5,617,648. 0.78% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Citigroup reduced their price target on Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Wall Street Zen cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Barclays decreased their price objective on Capital One Financial from $242.00 to $240.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Bank of America lowered their price target on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Finally, JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Twenty-one investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.36.

Key Capital One Financial News

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

Capital One Financial Company 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.