Montag A & Associates Inc. Sells 4,565 Shares of Capital One Financial Corporation $COF

Montag A & Associates Inc. cut its position in shares of Capital One Financial Corporation (NYSE:COF) by 27.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,898 shares of the financial services provider’s stock after selling 4,565 shares during the period. Montag A & Associates Inc.’s holdings in Capital One Financial were worth $2,171,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Evolution Wealth Management Inc. lifted its holdings in shares of Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 90 shares during the period. VSM Wealth Advisory LLC acquired a new stake in shares of Capital One Financial during the 4th quarter valued at about $27,000. Cherry Tree Wealth Management LLC increased its stake in Capital One Financial by 1,312.5% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 105 shares during the period. Osterweis Capital Management Inc. bought a new stake in Capital One Financial in the fourth quarter valued at about $29,000. Finally, CrossGen Wealth LLC acquired a new position in Capital One Financial in the fourth quarter worth about $30,000. 89.84% of the stock is owned by institutional investors.

Key Capital One Financial News

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

• Positive Sentiment: Analysts remained supportive, with TD Cowen and UBS reiterating buy ratings and setting price targets of $253 and $275, respectively, suggesting meaningful upside from current levels.
• Positive Sentiment: The Discover deal continues to be viewed as strategically important because it could deepen Capital One’s payments footprint and reduce reliance on third-party networks.
• Neutral Sentiment: Capital One General Counsel Matthew W. Cooper sold 3,500 shares under a pre-arranged 10b5-1 plan, a disclosure that may add to the market’s cautious tone but does not by itself signal a major business change. SEC filing
• Neutral Sentiment: The company’s latest quarterly results were mixed, with earnings and revenue both missing estimates, which keeps investors focused on whether near-term performance can improve before the next report on July 21.
• Negative Sentiment: Markets appear concerned about execution risk tied to the Discover integration, especially as card migration and cost synergies become a bigger focus in the weeks ahead.
• Negative Sentiment: Recent insider selling across multiple executives may be reinforcing caution among traders, even though the transactions were disclosed and some were planned in advance.

Insiders Place Their Bets

In other news, insider Celia Karam sold 1,749 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the transaction, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. This trade represents a 2.76% decrease in their position. The transaction was disclosed in a document filed 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, General Counsel Matthew W. Cooper sold 3,500 shares of Capital One Financial stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total value of $728,000.00. Following the sale, the general counsel directly owned 90,194 shares of the company’s stock, valued at approximately $18,760,352. This trade represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 8,749 shares of company stock worth $1,708,577. 0.78% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

COF has been the topic of a number of recent research reports. UBS Group lifted their price objective on Capital One Financial from $270.00 to $275.00 and gave the company a “buy” rating in a report on Tuesday. Barclays set a $242.00 target price on Capital One Financial in a report on Tuesday. BTIG Research boosted their price target on Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. Piper Sandler initiated coverage on Capital One Financial in a research report on Monday, June 29th. They issued an “overweight” rating and a $254.00 price target on the stock. Finally, Truist Financial dropped their price objective on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Eighteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $259.71.

Capital One Financial Price Performance

Capital One Financial stock opened at $191.71 on Thursday. The business’s 50-day simple moving average is $191.49 and its 200 day simple moving average is $203.73. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. The stock has a market cap of $119.30 billion, a price-to-earnings ratio of 67.26, a P/E/G ratio of 0.73 and a beta of 1.02. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64.

Capital One Financial (NYSE:COF) last issued 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 net margin of 4.29% and a return on equity of 10.59%. The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. During the same period last year, the business posted $4.06 EPS. The firm’s revenue for the quarter was up 52.3% compared to the same quarter last year. As a group, research analysts anticipate that Capital One Financial Corporation will post 19.53 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were given a dividend of $0.80 per share. The ex-dividend date was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. Capital One Financial’s payout ratio is presently 112.28%.

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.