Segall Bryant & Hamill LLC Invests $3.67 Million in Capital One Financial Corporation $COF

Segall Bryant & Hamill LLC purchased a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,187 shares of the financial services provider’s stock, valued at approximately $3,674,000.

Several other hedge funds have also added to or reduced their stakes in the company. Western Wealth Management LLC raised its holdings in Capital One Financial by 4.6% during the 1st quarter. Western Wealth Management LLC now owns 7,345 shares of the financial services provider’s stock worth $1,340,000 after purchasing an additional 324 shares during the last quarter. Paragon Private Wealth Management LLC lifted its position in Capital One Financial by 10.2% during the 1st quarter. Paragon Private Wealth Management LLC now owns 5,212 shares of the financial services provider’s stock valued at $951,000 after purchasing an additional 484 shares during the period. Bank of America Corp DE boosted its stake in shares of Capital One Financial by 4.6% in the 1st quarter. Bank of America Corp DE now owns 6,739,970 shares of the financial services provider’s stock valued at $1,229,573,000 after purchasing an additional 294,241 shares during the last quarter. RBF Capital LLC boosted its stake in shares of Capital One Financial by 5.3% in the 1st quarter. RBF Capital LLC now owns 72,596 shares of the financial services provider’s stock valued at $13,244,000 after purchasing an additional 3,680 shares during the last quarter. Finally, Kentucky Retirement Systems grew its position in shares of Capital One Financial by 20.6% during the 1st quarter. Kentucky Retirement Systems now owns 47,601 shares of the financial services provider’s stock worth $8,684,000 after buying an additional 8,135 shares during the period. Institutional investors own 89.84% of the company’s stock.

Insider Activity

In related news, insider Ravi Raghu sold 9,726 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $209.78, for a total value of $2,040,320.28. Following the completion of the transaction, the insider directly owned 26,328 shares in the company, valued at approximately $5,523,087.84. The trade was a 26.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total value of $728,000.00. Following the completion of the transaction, the general counsel owned 90,194 shares of the company’s stock, valued at $18,760,352. This represents a 3.74% 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 20,213 shares of company stock worth $4,147,832 in the last 90 days. Corporate insiders own 0.78% of the company’s stock.

Capital One Financial Trading Up 4.3%

Shares of NYSE COF opened at $217.93 on Tuesday. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The stock has a market cap of $133.70 billion, a price-to-earnings ratio of 13.49, a P/E/G ratio of 0.77 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 company’s fifty day moving average is $198.32 and its 200-day moving average is $198.69.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. The business had revenue of $15.83 billion during the quarter, compared to analysts’ expectations of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The firm’s quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.48 EPS. Equities research analysts predict that Capital One Financial Corporation will post 20.19 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, August 17th. Capital One Financial’s payout ratio is 19.80%.

Trending Headlines about Capital One Financial

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

• Positive Sentiment: Strong momentum and analyst interest: Zacks identified Capital One as a strong momentum stock, while Goldman Sachs added a major financial company to its August conviction list. These endorsements may support investor sentiment and buying interest. Zacks momentum stock article Goldman Sachs conviction list article
• Positive Sentiment: Payments strategy remains a growth focus: Industry commentary highlighted Capital One’s efforts to expand beyond traditional payments, including capabilities tied to credentials, money movement, tokenization, data and value-added services. Such initiatives could strengthen long-term revenue growth and customer retention. Card networks growth strategy article
• Positive Sentiment: Recent financial performance provides support: Capital One’s latest reported quarter included earnings of $5.81 per share, ahead of the $4.79 consensus estimate, while revenue rose 26.9% year over year to $15.83 billion. The earnings beat and revenue growth reinforce the bullish case.
• Neutral Sentiment: Account closures draw political and regulatory attention: Capital One disclosed that it closed more than 300 Trump Organization-affiliated accounts in 2021 following an anti-money-laundering review. The disclosure could create reputational or political risks, although the stated compliance rationale may limit direct financial impact. CNN account closures article
• Neutral Sentiment: Insider sale has limited significance: Director Ravi Raghu sold 9,726 shares worth approximately $2.04 million under a pre-arranged Rule 10b5-1 trading plan. While insider selling can concern investors, the preset plan reduces its value as a discretionary bearish signal. SEC insider transaction filing

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on COF shares. Citigroup dropped their price target on shares of Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. 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. Rothschild & Co Redburn dropped their target price on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Piper Sandler started coverage on Capital One Financial in a research note on Monday, June 29th. They issued an “overweight” rating and a $254.00 price target on the stock. Finally, The Goldman Sachs Group reduced their price target on 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. Twenty equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $259.36.

Capital One Financial 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.