Helix Partners Management LP boosted its position in Capital One Financial Corporation (NYSE:COF) by 600.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,100 shares of the financial services provider’s stock after purchasing an additional 66,100 shares during the period. Capital One Financial accounts for about 3.8% of Helix Partners Management LP’s portfolio, making the stock its 4th biggest holding. Helix Partners Management LP’s holdings in Capital One Financial were worth $14,065,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of COF. Vanguard Group Inc. boosted its stake in shares of Capital One Financial by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock valued at $13,789,615,000 after purchasing an additional 360,071 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Capital One Financial by 5.4% during the fourth quarter. Franklin Resources Inc. now owns 12,476,462 shares of the financial services provider’s stock worth $3,023,795,000 after purchasing an additional 638,158 shares during the last quarter. Morgan Stanley increased its stake 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 buying an additional 323,350 shares during the period. Norges Bank acquired a new position in shares of Capital One Financial in the fourth quarter valued at approximately $2,089,803,000. Finally, Davis Selected Advisers raised its holdings in Capital One Financial by 2.8% in the 4th quarter. Davis Selected Advisers now owns 8,614,766 shares of the financial services provider’s stock valued at $2,087,878,000 after buying an additional 234,649 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.
Trending Headlines about Capital One Financial
Here are the key news stories impacting Capital One Financial this week:
- Positive Sentiment: Capital One’s Q2 results showed improved profitability, with the company swinging back to net income and posting higher net interest income, reinforcing the view that its core business momentum remains solid.
- Positive Sentiment: Multiple reports highlighted bullish analyst sentiment, including Piper Sandler and Morgan Stanley maintaining buy ratings, while one note set a $260 price target, suggesting meaningful upside from current levels.
- Positive Sentiment: Several articles pointed to Capital One’s technology and AI advantages, including its cloud-native infrastructure and open-source security tool VulnHunter, which support the company’s long-term competitive positioning.
- Neutral Sentiment: Capital One is also being viewed as a value stock after earnings, with coverage noting that the shares trade at a discount to peers on forward earnings and tangible book value.
- Negative Sentiment: The stock is facing overhang from legal and regulatory headlines, including a Zelle fraud lawsuit, a Canada data-breach settlement, and reports that customer payouts from a separate $425 million settlement may be delayed after an appeal.
Insiders Place Their Bets
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. The Goldman Sachs Group cut their target price on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. BTIG Research raised their price target on shares of Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. Truist Financial reduced their price objective on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Finally, HSBC upgraded Capital One Financial from a “hold” rating to a “buy” rating and increased their price objective for the company from $226.00 to $229.00 in a report on Sunday, July 12th. Twenty analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $259.82.
Read Our Latest Report on Capital One Financial
Capital One Financial Stock Performance
NYSE:COF opened at $202.53 on Friday. The company has a market capitalization of $126.03 billion, a PE ratio of 12.53, a P/E/G ratio of 0.75 and a beta of 1.02. The company has a 50 day simple moving average of $195.38 and a two-hundred day simple moving average of $200.56. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.03 and a current ratio of 1.02. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64.
Capital One Financial (NYSE:COF – Get Free Report) 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 the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company’s revenue was up 26.9% compared to the same quarter last year. During the same quarter last year, the business earned $5.48 EPS. Research analysts anticipate that Capital One Financial Corporation will post 19.93 earnings per share for the current year.
Capital One Financial Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, May 19th. Capital One Financial’s dividend payout ratio (DPR) is currently 19.80%.
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.
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