Capital One Financial Corporation $COF Stock: Mather Group LLC. Increases Stake

Mather Group LLC. raised its holdings in Capital One Financial Corporation (NYSE:COF) by 77.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,006 shares of the financial services provider’s stock after purchasing an additional 3,932 shares during the quarter. Mather Group LLC.’s holdings in Capital One Financial were worth $1,739,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in COF. State Street Corp grew its position in 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 buying an additional 29,724,829 shares during the period. BlackRock Inc. increased its holdings in Capital One Financial by 0.5% during the second quarter. BlackRock Inc. now owns 51,054,869 shares of the financial services provider’s stock worth $10,242,628,000 after buying an additional 236,643 shares during the last quarter. Bank of America Corp DE bought a new stake in Capital One Financial in the second quarter worth about $1,435,311,000. Wellington Management Group LLP raised its position in Capital One Financial by 36.2% in the second quarter. Wellington Management Group LLP now owns 7,108,112 shares of the financial services provider’s stock worth $1,426,029,000 after acquiring an additional 1,887,497 shares during the period. Finally, Bank of New York Mellon Corp raised its position in Capital One Financial by 3.5% in the second quarter. Bank of New York Mellon Corp now owns 5,621,240 shares of the financial services provider’s stock worth $1,127,733,000 after acquiring an additional 187,532 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Capital One Financial

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

• Positive Sentiment: Analysts remain bullish on Capital One as a leading financial-stock pick, supporting investor confidence in the company’s long-term growth prospects. Analysts Are Bullish on Top Financial Stocks
• Positive Sentiment: Capital One and the Capital One Foundation announced 10 finalists for a $25 million Scaling Pathways to Homeownership initiative. The program could strengthen the company’s community profile and support its broader $265 billion Community Benefits Plan. Capital One’s $25 Million Homeownership Initiative
• Positive Sentiment: Capital One is viewed as a value stock ahead of earnings, with investors potentially attracted by its relatively modest valuation and expectations for possible earnings outperformance. Why Capital One Is a Strong Value Stock
• Neutral Sentiment: Investors are preparing for Capital One’s October 20 third-quarter report. Forecasts call for revenue growth but potentially lower year-over-year earnings, making credit losses, loan demand, expenses and card performance key areas to watch. How Upcoming Earnings Will Impact Capital One Stock Investors
• Neutral Sentiment: The pending Discover acquisition remains a major valuation driver. Analysts are balancing potential strategic benefits against integration and execution risks in a more challenging macroeconomic environment. Capital One Stock Sees Fair Value Cut
• Negative Sentiment: Weak consumer-loan demand, higher provisions for credit losses and rising expenses could pressure third-quarter profit, despite continued strength in credit-card operations. Will Weak Consumer Loan Demand and High Provisions Hurt COF Earnings?
• Negative Sentiment: A valuation update reduced fair value to approximately $252.27 from $258.27, reflecting caution around the Discover transaction, earnings outlook and economic conditions. Capital One is also facing fresh OCC scrutiny of customer-risk policies, adding regulatory uncertainty. Capital One Fair Value Cut

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Piper Sandler increased their target price on shares of Capital One Financial from $254.00 to $260.00 and gave the company an “overweight” rating in a research report on Monday, September 28th. Bank of America lowered their price target on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Barclays dropped their price objective on Capital One Financial from $240.00 to $237.00 and set an “overweight” rating on the stock in a research note on Monday, October 5th. Wolfe Research upped their price objective on Capital One Financial from $255.00 to $275.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Finally, Morgan Stanley reduced their price objective on Capital One Financial from $273.00 to $267.00 and set an “overweight” rating for the company in a report on Monday. Twenty investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $255.04.

Capital One Financial Stock Performance

Shares of NYSE:COF traded up $2.85 during midday trading on Friday, reaching $201.72. 4,747,796 shares of the company traded hands, compared to its average volume of 3,837,061. The firm’s fifty day moving average price is $208.08 and its two-hundred day moving average price is $200.23. The firm has a market capitalization of $123.75 billion, a price-to-earnings ratio of 12.48, a price-to-earnings-growth ratio of 0.96 and a beta of 1.04. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping the consensus estimate of $4.79 by $1.02. The business had revenue of $15.83 billion during 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%. The firm’s revenue was up 26.9% compared to the same quarter last year. During the same quarter last year, the company earned $5.48 EPS. On average, equities analysts expect that Capital One Financial Corporation will post 20.36 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were issued a $0.80 dividend. 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 Monday, August 17th. Capital One Financial’s dividend payout ratio is presently 19.80%.

Insider Transactions at Capital One Financial

In related news, insider Michael Zamsky sold 5,473 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the sale, the insider owned 27,992 shares of the company’s stock, valued at approximately $6,102,815.84. This represents a 16.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $196.22, for a total transaction of $686,770.00. Following the sale, the general counsel directly owned 79,694 shares in the company, valued at $15,637,556.68. This trade represents a 4.21% 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 33,850 shares of company stock valued at $7,167,152. Company insiders own 0.78% of the company’s stock.

Capital One Financial Company 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.