Resona Asset Management Co. Ltd. Lowers Holdings in Capital One Financial Corporation $COF

Resona Asset Management Co. Ltd. reduced its stake in shares of Capital One Financial Corporation (NYSE:COF) by 4.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 207,636 shares of the financial services provider’s stock after selling 10,780 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Capital One Financial were worth $44,521,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Mather Group LLC. increased its position in Capital One Financial by 1.0% during the third quarter. Mather Group LLC. now owns 4,540 shares of the financial services provider’s stock worth $965,000 after purchasing an additional 47 shares during the last quarter. Optas LLC grew its stake in shares of Capital One Financial by 1.4% during the 3rd quarter. Optas LLC now owns 3,484 shares of the financial services provider’s stock valued at $741,000 after buying an additional 49 shares during the period. Nations Financial Group Inc. IA ADV increased its holdings in shares of Capital One Financial by 1.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 4,450 shares of the financial services provider’s stock worth $946,000 after buying an additional 49 shares during the last quarter. Cantor Fitzgerald Investment Advisors L.P. raised its position in shares of Capital One Financial by 0.3% in the 2nd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock worth $3,532,000 after buying an additional 50 shares during the period. Finally, Atlantic Edge Private Wealth Management LLC boosted its holdings in Capital One Financial by 66.7% in the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 50 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial News Roundup

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

• Positive Sentiment: Strategic upside — The Brex acquisition accelerates Capital One’s push into AI-enabled business payments, spend management and stablecoin-capable payments, expanding addressable markets (management cites a target of up to $2T in business payments). Article Title
• Positive Sentiment: Investor/manager interest — Some institutional investors and managers are publicly buying COF on the pullback, signaling conviction in the company’s longer-term fintech strategy. Article Title
• Neutral Sentiment: Mixed quarter — Revenue topped estimates and grew strongly year-over-year (helpful for top-line momentum), but the company reported an adjusted EPS shortfall versus consensus. That leaves fundamentals mixed in the near term. Article Title
• Neutral Sentiment: Deal mechanics — The Brex purchase is a mix of cash and Capital One stock (roughly half/half), which preserves cash but introduces share issuance and potential near-term dilution. Article Title
• Negative Sentiment: Earnings miss and cost pressure — Adjusted Q4 EPS fell short of consensus, driven by higher expenses and increased credit-loss provisions, which is the primary near-term catalyst for selling pressure. Article Title
• Negative Sentiment: Analyst caution and price-target trims — Several firms adjusted price targets and reiterated concerns around integration, credit and regulatory risk; that analyst reaction amplifies near-term downside risk. Article Title
• Negative Sentiment: Market reaction — Traders are selling on the combination of the EPS miss and the large acquisition, increasing volume and volatility as investors weigh near-term headwinds against long-term strategy. Article Title

Insider Transactions at Capital One Financial

In other news, CEO Richard D. Fairbank sold 103,487 shares of Capital One Financial stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $220.68, for a total transaction of $22,837,511.16. Following the sale, the chief executive officer directly owned 4,001,228 shares of the company’s stock, valued at approximately $882,990,995.04. The trade was a 2.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lia Dean sold 3,269 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $218.15, for a total value of $713,132.35. Following the completion of the transaction, the insider directly owned 69,855 shares of the company’s stock, valued at $15,238,868.25. This represents a 4.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 298,895 shares of company stock worth $67,111,541 over the last three months. Insiders own 1.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on COF shares. The Goldman Sachs Group reissued a “buy” rating and set a $300.00 price target on shares of Capital One Financial in a research report on Tuesday, January 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a report on Monday, December 29th. Truist Financial increased their target price on shares of Capital One Financial from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Wall Street Zen cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, Wells Fargo & Company boosted their price objective on shares of Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $277.75.

Capital One Financial Stock Performance

Capital One Financial stock opened at $217.48 on Friday. The firm has a market capitalization of $138.26 billion, a PE ratio of 73.47, a price-to-earnings-growth ratio of 0.53 and a beta of 1.13. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64. The stock’s 50 day moving average price is $233.23 and its 200 day moving average price is $223.32. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 11.17%. The firm had revenue of $15.62 billion for the quarter, compared to analysts’ expectations of $15.49 billion. During the same quarter in the prior year, the business earned $2.67 EPS. The company’s revenue for the quarter was up 53.3% on a year-over-year basis. As a group, sell-side analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were paid a dividend of $0.80 per share. This is a positive change from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.5%. Capital One Financial’s payout ratio is presently 135.02%.

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.