West Family Investments Inc. Takes Position in Capital One Financial Corporation $COF

West Family Investments Inc. acquired a new stake in Capital One Financial Corporation (NYSE:COF) in the second quarter, Holdings Channel reports. The firm acquired 4,181 shares of the financial services provider’s stock, valued at approximately $839,000.

A number of other hedge funds also recently added to or reduced their stakes in COF. HighTower Advisors LLC lifted its stake in Capital One Financial by 18.1% in the fourth quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider’s stock worth $85,739,000 after acquiring an additional 54,263 shares during the last quarter. Swiss Life Asset Management Ltd raised its holdings in shares of Capital One Financial by 11.2% in the 4th quarter. Swiss Life Asset Management Ltd now owns 115,843 shares of the financial services provider’s stock valued at $28,076,000 after purchasing an additional 11,651 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Capital One Financial by 0.6% during 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 last quarter. Nomura Asset Management Co. Ltd. grew its stake in shares of Capital One Financial by 2.9% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 223,977 shares of the financial services provider’s stock worth $54,283,000 after purchasing an additional 6,225 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in Capital One Financial by 2.5% in the fourth quarter. Truist Financial Corp now owns 640,050 shares of the financial services provider’s stock valued at $155,122,000 after buying an additional 15,644 shares during the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Ravi Raghu sold 9,726 shares of Capital One Financial stock in a transaction that occurred 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 transaction, the insider directly owned 26,328 shares in the company, valued at approximately $5,523,087.84. This trade represents a 26.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy P. Golden sold 3,487 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were 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 directly owned 7,429 shares in the company, valued at approximately $1,567,519. The trade was a 31.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 26,267 shares of company stock worth $5,617,648 over the last three months. 0.78% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on COF. TD Cowen decreased their price target on Capital One Financial from $260.00 to $253.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Rothschild & Co Redburn decreased their target price on 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. Citigroup lowered their price target on Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Twenty-one equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.36.

Capital One Financial Stock Performance

Shares of COF opened at $220.56 on Thursday. The company’s 50 day simple moving average is $207.37 and its 200-day simple moving average is $198.11. The firm has a market cap 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. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39.

Capital One Financial (NYSE:COF) last released its quarterly earnings results 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. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The firm had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. During the same quarter in the prior year, the firm earned $5.48 EPS. Capital One Financial’s revenue for the quarter was up 26.9% on a year-over-year basis. As a group, equities analysts predict that Capital One Financial Corporation will post 20.29 EPS for the current year.

Capital One Financial Announces Dividend

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

More 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

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.