Hanson & Doremus Investment Management Purchases 2,901 Shares of Capital One Financial Corporation $COF

Hanson & Doremus Investment Management raised its position in shares of Capital One Financial Corporation (NYSE:COF) by 395.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,635 shares of the financial services provider’s stock after acquiring an additional 2,901 shares during the quarter. Hanson & Doremus Investment Management’s holdings in Capital One Financial were worth $702,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in COF. Solstein Capital LLC purchased a new position in Capital One Financial in the 2nd quarter valued at $26,000. Ballast Advisors LLC purchased a new position in shares of Capital One Financial in the first quarter worth about $27,000. Gilpin Wealth Management LLC acquired a new position in Capital One Financial during the third quarter worth about $27,000. Frazier Financial Advisors LLC acquired a new position in Capital One Financial during the first quarter worth about $29,000. Finally, Pension & Wealth Management Advisors Inc. purchased a new stake in Capital One Financial during the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 1.4%

Shares of NYSE COF opened at $201.72 on Friday. The company 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. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The business has a 50-day moving average of $208.08 and a two-hundred day moving average of $200.23.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $15.76 billion. During the same quarter last year, the business posted $5.48 EPS. The firm’s quarterly revenue was up 26.9% compared to the same quarter last year. On average, analysts forecast that Capital One Financial Corporation will post 20.36 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders 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 was Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is 19.80%.

Key Stories 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

Insider Buying and Selling

In other Capital One Financial news, insider Lia Dean sold 2,193 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $225.52, for a total transaction of $494,565.36. Following the completion of the sale, the insider owned 63,261 shares in the company, valued at $14,266,620.72. This trade represents a 3.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Timothy Golden sold 3,487 shares of the company’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 sale, the chief accounting officer directly owned 7,429 shares in the company, valued at approximately $1,567,519. This represents a 31.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 33,850 shares of company stock worth $7,167,152. Corporate insiders own 0.78% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. JPMorgan Chase & Co. cut their price objective on shares of Capital One Financial from $246.00 to $227.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Wolfe Research upped their price target on Capital One Financial from $255.00 to $275.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Capital One Financial in a research note on Thursday, August 20th. Citigroup lowered their price target on shares of Capital One Financial from $295.00 to $280.00 and set a “buy” rating on the stock in a research report on Tuesday, September 29th. Finally, UBS Group raised their price objective on shares of Capital One Financial from $275.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Twenty equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $255.04.

About Capital One Financial

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.