Montecito Bank & Trust Grows Position in Capital One Financial Corporation $COF

Montecito Bank & Trust lifted its position in Capital One Financial Corporation (NYSE:COF) by 262.5% during the third quarter, Holdings Channel reports. The institutional investor owned 10,918 shares of the financial services provider’s stock after buying an additional 7,906 shares during the quarter. Montecito Bank & Trust’s holdings in Capital One Financial were worth $2,108,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. QRG Capital Management Inc. increased its position in Capital One Financial by 32.3% during the 2nd quarter. QRG Capital Management Inc. now owns 118,061 shares of the financial services provider’s stock valued at $23,685,000 after buying an additional 28,855 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in Capital One Financial by 37.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 27,625 shares of the financial services provider’s stock worth $5,542,000 after acquiring an additional 7,503 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Capital One Financial by 43.8% during the second quarter. Envestnet Asset Management Inc. now owns 2,274,188 shares of the financial services provider’s stock worth $456,248,000 after acquiring an additional 692,425 shares during the last quarter. State Street Corp increased its holdings in shares of Capital One Financial by 107.9% during the second quarter. State Street Corp now owns 57,278,732 shares of the financial services provider’s stock valued at $11,491,259,000 after acquiring an additional 29,724,829 shares in the last quarter. Finally, Security National Bank of SO Dak acquired a new position in shares of Capital One Financial during the second quarter valued at about $118,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Capital One Financial

In other news, CAO Timothy Golden sold 3,487 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total value of $735,757.00. Following the completion of the transaction, the chief accounting officer owned 7,429 shares of the company’s stock, valued at $1,567,519. The trade was a 31.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Lia Dean sold 2,193 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $225.52, for a total value of $494,565.36. Following the completion of the sale, the insider owned 63,261 shares in the company, valued at $14,266,620.72. The trade was a 3.35% decrease in their position. 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. Insiders sold a total of 33,850 shares of company stock valued at $7,208,382 over the last ninety days. Corporate insiders own 0.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. BTIG Research increased their price objective on shares of Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. TD Cowen cut their price target on shares of 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. Wall Street Zen cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Citigroup lowered their price objective on shares of Capital One Financial from $295.00 to $280.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, Piper Sandler boosted their price objective on shares of Capital One Financial from $254.00 to $260.00 and gave the company an “overweight” rating in a report on Monday. 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 $258.41.

More Capital One Financial News

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

• Positive Sentiment: Capital One’s second-quarter performance stood out among credit-card companies: earnings per share reached $5.81 versus the $4.79 consensus estimate, revenue totaled $15.83 billion, and revenue grew 26.9% year over year. The earnings beat and solid growth provide fundamental support for the stock. Credit Card Stocks Q2 In Review: Capital One Vs Peers
• Positive Sentiment: Analyst sentiment remains constructive. Citigroup retained a “buy” rating despite lowering its price target from $295 to $280, while a separate analyst compilation cited a consensus target of $258.91—both implying substantial potential upside from current levels. Capital One Stock Has Consensus Target Price of $258.91
• Positive Sentiment: A limited-time Venture X Business promotion offers eligible existing cardholders a $500 Capital One Business Travel credit after qualifying spending, plus a fourth night free at select properties. The offer could encourage card usage and strengthen customer engagement, though its financial effect is likely modest. Capital One Celebrates Venture X Business Anniversary
• Neutral Sentiment: Capital One’s auto research links vehicle access with economic opportunity and highlights consumer demand for more guidance in the auto market. The findings support the company’s consumer-finance and auto-business positioning but do not materially change near-term earnings expectations. Capital One Research on Vehicle Access and Economic Opportunity
• Negative Sentiment: Pre-earnings coverage describes expectations as cautious, while commentary notes COF’s roughly 11% six-month gain has lagged the S&P 500’s 21.1% advance. The Citigroup target reduction, despite the continued buy rating, also signals more restrained near-term expectations. Capital One Financial Earnings Preview

Capital One Financial Stock Performance

NYSE:COF traded up $1.22 during midday trading on Thursday, hitting $194.29. The company’s stock had a trading volume of 3,743,808 shares, compared to its average volume of 4,688,227. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The firm’s 50 day moving average is $211.68 and its 200-day moving average is $199.02. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market cap of $119.19 billion, a P/E ratio of 12.02, a P/E/G ratio of 0.72 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 business had revenue of $15.83 billion during the quarter, compared to analysts’ expectations of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The business’s quarterly revenue was up 26.9% compared to the same quarter last year. During the same period in the previous year, the business posted $5.48 EPS. Equities analysts anticipate that Capital One Financial Corporation will post 20.3 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is 19.80%.

Capital One Financial Profile

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.