Private Advisor Group LLC Decreases Stock Holdings in Capital One Financial Corporation $COF

Private Advisor Group LLC reduced its position in Capital One Financial Corporation (NYSE:COF) by 14.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,238 shares of the financial services provider’s stock after selling 4,307 shares during the period. Private Advisor Group LLC’s holdings in Capital One Financial were worth $4,604,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 10,428 shares during the last quarter. Intech Investment Management LLC increased its position in Capital One Financial by 44.3% during the 1st quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock valued at $1,608,000 after buying an additional 2,753 shares in the last quarter. Sivia Capital Partners LLC raised its stake in Capital One Financial by 118.3% in the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock valued at $702,000 after buying an additional 1,788 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in Capital One Financial in the second quarter valued at about $218,000. Finally, Jump Financial LLC acquired a new position in shares of Capital One Financial during the second quarter valued at about $1,086,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial News Summary

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

• Positive Sentiment: UBS raised its price target on Capital One to $275 from $270 and kept a Buy rating, signaling continued analyst confidence and implying meaningful upside from current levels.
• Positive Sentiment: TD Cowen also maintained a Buy rating, even while trimming its target to $253 from $260, suggesting analysts still see room for shares to recover.
• Neutral Sentiment: Capital One was mentioned in coverage about small businesses being “cautious, confident and ready to grow,” which may reinforce the company’s exposure to resilient small-business lending demand but does not appear to be a direct market-moving event.
• Neutral Sentiment: Additional articles revisited Jim Cramer’s bullish comments on Capital One, but these are more retrospective commentary than fresh fundamental news.
• Neutral Sentiment: A separate article about Capital One drawing S&P 500 attention adds visibility, but there was no clear new development in the headline alone to materially change the investment thesis.

Capital One Financial Price Performance

Shares of COF opened at $202.63 on Wednesday. The business’s 50-day moving average is $191.54 and its two-hundred day moving average is $204.08. The company has a market capitalization of $126.09 billion, a P/E ratio of 71.10, a P/E/G ratio of 0.74 and a beta of 1.02. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two 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.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The company had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm’s quarterly revenue was up 52.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.06 EPS. Research analysts predict that Capital One Financial Corporation will post 19.53 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, May 19th. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.

Analysts Set New Price Targets

A number of analysts recently commented on COF shares. The Goldman Sachs Group lowered their target price on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Morgan Stanley decreased their price target on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Rothschild & Co Redburn lowered their price objective on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Wells Fargo & Company cut their target price on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Finally, Royal Bank Of Canada reduced their target price on 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. Eighteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $259.71.

Insider Transactions at Capital One Financial

In other news, insider Celia Karam sold 1,749 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the transaction, the insider directly owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This represents a 2.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 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, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the completion of the sale, the general counsel directly owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. The trade was a 3.48% 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. Corporate insiders own 0.78% of the company’s stock.

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.