Ethic Inc. Boosts Position in Capital One Financial Corporation $COF

Ethic Inc. increased its position in shares of Capital One Financial Corporation (NYSE:COF) by 4.4% during the 4th quarter, HoldingsChannel reports. The fund owned 85,867 shares of the financial services provider’s stock after acquiring an additional 3,602 shares during the quarter. Ethic Inc.’s holdings in Capital One Financial were worth $20,811,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Tompkins Financial Corp raised its stake in Capital One Financial by 4.3% during the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock worth $237,000 after purchasing an additional 40 shares during the period. Focus Financial Network Inc. grew its stake in shares of Capital One Financial by 2.8% in the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock valued at $380,000 after buying an additional 43 shares during the period. Stephens Consulting LLC increased its holdings in shares of Capital One Financial by 10.3% during the 4th quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock worth $122,000 after buying an additional 47 shares during the last quarter. Nicolet Advisory Services LLC increased its holdings in shares of Capital One Financial by 0.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock worth $1,506,000 after buying an additional 48 shares during the last quarter. Finally, Pflug Koory LLC raised its position in shares of Capital One Financial by 1.6% during the 4th quarter. Pflug Koory LLC now owns 3,086 shares of the financial services provider’s stock valued at $748,000 after buying an additional 48 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Buying and Selling at Capital One Financial

In related news, insider Jason P. Hanson sold 3,729 shares of Capital One Financial stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total value of $764,445.00. Following the completion of the transaction, the insider owned 40,230 shares in the company, valued at approximately $8,247,150. The trade was a 8.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Lia Dean sold 1,692 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $185.61, for a total transaction of $314,052.12. Following the sale, the insider directly owned 65,454 shares in the company, valued at approximately $12,148,916.94. The trade was a 2.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 46,404 shares of company stock valued at $8,884,404 over the last three months. 0.78% of the stock is currently owned by company insiders.

Key Headlines Impacting Capital One Financial

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

• Positive Sentiment: Capital One announced a quarterly dividend of $0.80 per share, underscoring continued capital returns to shareholders and signaling confidence in the company’s financial position. Capital One Announces Quarterly Dividend
• Neutral Sentiment: A recent article highlighted that COF’s valuation looks stretched relative to its growth expectations, with the stock trading at a rich P/E multiple even after a recent pullback. A Look At Capital One (COF) Valuation As Growth Expectations Clash With Rich P/E Multiple
• Neutral Sentiment: Another commentary said Capital One’s acquisition of Discover Financial and related fintech ambitions could reshape the business, but investors are still waiting to see whether the strategy translates into stronger performance. Capital One Redefines Its Role In Payments And Fintech Transformation
• Negative Sentiment: Analyst notes and market commentary also point to rising credit-risk concerns and reduced price targets after the company’s latest quarterly results, which may be weighing on sentiment toward the shares. Deutsche Bank and BofA Lower Capital One (COF) Price Targets after Q1 Results

Capital One Financial Trading Down 1.7%

Shares of NYSE COF opened at $189.34 on Friday. Capital One Financial Corporation has a twelve month low of $174.98 and a twelve month high of $259.64. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The stock has a fifty day simple moving average of $190.04 and a 200-day simple moving average of $213.06. The stock has a market capitalization of $117.75 billion, a PE ratio of 66.43, a PEG ratio of 0.70 and a beta of 1.05.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same period in the previous year, the company posted $4.06 EPS. Capital One Financial’s revenue was up 52.3% on a year-over-year basis. On average, equities analysts forecast that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on COF. Evercore decreased their price objective on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. Royal Bank Of Canada cut 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. UBS Group decreased their price target on Capital One Financial from $283.00 to $270.00 in a research note on Wednesday. JPMorgan Chase & Co. increased their price target on Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Finally, Morgan Stanley cut their price objective on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a research report on Thursday, April 16th. Eighteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $257.52.

Capital One Financial Company 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.