6,154 Capital One Financial Corporation $COF Shares Bought by Nvwm LLC

Nvwm LLC boosted its stake in shares of Capital One Financial Corporation (NYSE:COF) by 101.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,240 shares of the financial services provider’s stock after buying an additional 6,154 shares during the quarter. Nvwm LLC’s holdings in Capital One Financial were worth $2,363,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. State Street Corp increased its position 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 worth $11,491,259,000 after acquiring an additional 29,724,829 shares during the period. BlackRock Inc. raised its stake in shares of 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 valued at $10,242,628,000 after acquiring an additional 236,643 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of Capital One Financial during the second quarter valued at approximately $1,435,311,000. Wellington Management Group LLP raised its stake in shares of Capital One Financial by 36.2% during the second quarter. Wellington Management Group LLP now owns 7,108,112 shares of the financial services provider’s stock valued at $1,426,029,000 after acquiring an additional 1,887,497 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of 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 valued at $1,127,733,000 after purchasing an additional 187,532 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Michael Zamsky sold 5,473 shares of the business’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 completion of the transaction, the insider owned 27,992 shares in the company, valued at $6,102,815.84. The trade was a 16.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the business’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 transaction, the general counsel owned 79,694 shares of the company’s stock, valued at approximately $15,637,556.68. This trade represents a 4.21% 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. In the last ninety days, insiders sold 33,850 shares of company stock worth $7,167,152. Insiders own 0.78% of the company’s stock.

More Capital One Financial News

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

• Positive Sentiment: Analysts and earnings-focused research expect Capital One to outperform consensus estimates in its upcoming quarterly report. The company’s prior quarter included an earnings beat and strong year-over-year revenue growth, supporting optimism about continued operating momentum. Capital One Expected to Beat Earnings Estimates
• Positive Sentiment: A lawsuit filed by Capital One against real estate investor Scott Everett over an $11 million personal guaranty was reportedly dismissed. The development may reduce litigation-related uncertainty, although the financial impact appears limited relative to Capital One’s overall business. Scott Everett Bounces Back With Refinance and Lawsuit Dismissal
• Neutral Sentiment: Capital One is scheduled to report quarterly results, making earnings expectations and management commentary on credit quality, loan growth and funding costs the key near-term catalysts. Capital One Projected to Post Quarterly Earnings
• Neutral Sentiment: High certificate-of-deposit rates of up to 4.40% could help banks attract deposits but may also increase funding costs and pressure net interest margins. The effect on Capital One depends on deposit pricing and asset yields. Best CD Rates
• Negative Sentiment: The Treasury Department’s review found that the largest U.S. banks used reputation-risk policies that could allow political or social considerations to affect access to banking services. The findings may increase regulatory, compliance and reputational scrutiny across the banking sector, including Capital One. Treasury Review of Bank Debanking Policies

Capital One Financial Trading Down 2.0%

Shares of NYSE:COF opened at $194.18 on Thursday. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The business’s fifty day simple moving average is $208.80 and its 200-day simple moving average is $200.06. The company has a market capitalization of $119.12 billion, a PE ratio of 12.02, a P/E/G ratio of 0.73 and a beta of 1.04. 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, topping the consensus estimate of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%. The firm had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. During the same period in the previous year, the company posted $5.48 EPS. The business’s revenue for the quarter was up 26.9% compared to the same quarter last year. As a group, equities research analysts predict that Capital One Financial Corporation will post 20.36 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were given 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 is presently 19.80%.

Analyst Ratings Changes

COF has been the topic of several research analyst reports. TD Cowen dropped their price objective on Capital One Financial from $253.00 to $242.00 and set a “buy” rating on the stock in a research note on Tuesday, October 6th. Morgan Stanley lowered their target price on Capital One Financial from $273.00 to $267.00 and set an “overweight” rating for the company in a report on Monday. Weiss Ratings downgraded Capital One Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Capital One Financial in a research note on Thursday, August 20th. Finally, BTIG Research lifted their price objective on Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Twenty 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, the stock currently has an average rating of “Moderate Buy” and an average target price of $255.04.

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.