Kentucky Farm Bureau Mutual Insurance Co Acquires New Position in Capital One Financial Corporation $COF

Kentucky Farm Bureau Mutual Insurance Co acquired a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,960 shares of the financial services provider’s stock, valued at approximately $2,600,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in shares of Capital One Financial by 0.6% in the fourth 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 in the last quarter. BlackRock Inc. boosted its holdings in shares of Capital One Financial by 0.5% in the second quarter. BlackRock Inc. now owns 51,054,869 shares of the financial services provider’s stock worth $10,242,628,000 after acquiring an additional 236,643 shares during the period. Franklin Resources Inc. grew its position in shares of Capital One Financial by 5.4% in the fourth quarter. Franklin Resources Inc. now owns 12,476,462 shares of the financial services provider’s stock valued at $3,023,795,000 after purchasing an additional 638,158 shares in the last quarter. Morgan Stanley grew its position in shares of Capital One Financial by 3.9% in the fourth quarter. Morgan Stanley now owns 8,677,981 shares of the financial services provider’s stock valued at $2,103,196,000 after purchasing an additional 323,350 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Capital One Financial during the 4th quarter valued at $2,089,803,000. Institutional investors own 89.84% of the company’s stock.

Key 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

Insider Buying and Selling at Capital One Financial

In other news, insider Ravi Raghu sold 9,726 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $209.78, for a total value of $2,040,320.28. Following the transaction, the insider owned 26,328 shares of the company’s stock, valued at $5,523,087.84. This represents a 26.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,888 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $225.52, for a total transaction of $425,781.76. Following the sale, the insider owned 59,708 shares in the company, valued at approximately $13,465,348.16. This trade represents a 3.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 26,267 shares of company stock valued at $5,617,648 over the last quarter. Company insiders own 0.78% of the company’s stock.

Capital One Financial Price Performance

Shares of NYSE COF opened at $220.56 on Thursday. The firm has a market capitalization of $135.31 billion, a P/E ratio of 13.65, a P/E/G ratio of 0.81 and a beta of 1.02. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The stock’s 50-day simple moving average is $207.37 and its two-hundred day simple moving average is $198.11. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $15.76 billion. During the same quarter last year, the company posted $5.48 EPS. The company’s revenue for the quarter was up 26.9% on a year-over-year basis. As a group, equities analysts anticipate that Capital One Financial Corporation will post 20.29 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Rothschild & Co Redburn dropped their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Argus reduced their target price on Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. BTIG Research upped their price target on Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Wall Street Zen downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Finally, Weiss Ratings upgraded shares of Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Twenty-one analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.36.

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.