Gibbs Wealth Management Purchases Shares of 6,128 Capital One Financial Corporation $COF

Gibbs Wealth Management acquired a new position in shares of Capital One Financial Corporation (NYSE:COF) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,128 shares of the financial services provider’s stock, valued at approximately $1,118,000.

Several other institutional investors have also modified their holdings of COF. Focus Financial Network Inc. raised its stake in Capital One Financial by 2.8% during the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock worth $380,000 after acquiring an additional 43 shares in the last quarter. First Command Advisory Services Inc. boosted its stake in Capital One Financial by 4.5% in the fourth quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 46 shares in the last quarter. Stephens Consulting LLC boosted its stake in Capital One Financial by 10.3% in the fourth quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock valued at $122,000 after acquiring an additional 47 shares in the last quarter. Dogwood Wealth Management LLC grew its holdings in shares of Capital One Financial by 26.0% during the fourth quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 47 shares during the last quarter. Finally, Pflug Koory LLC increased its position in shares of Capital One Financial by 1.6% during the fourth quarter. Pflug Koory LLC now owns 3,086 shares of the financial services provider’s stock worth $748,000 after purchasing an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Performance

NYSE COF opened at $202.53 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The business’s 50-day moving average price is $195.38 and its 200 day moving average price is $200.56. The firm has a market cap of $126.03 billion, a P/E ratio of 12.53, a P/E/G ratio of 0.75 and a beta of 1.02.

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 the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm’s revenue for the quarter was up 26.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.48 EPS. On average, equities research analysts expect that Capital One Financial Corporation will post 19.93 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were issued a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. Capital One Financial’s payout ratio is presently 19.80%.

Capital One Financial News Roundup

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.

Insider Buying and Selling

In other Capital One Financial news, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction on Friday, May 1st. The shares were 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 of the company’s stock, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 dated Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total transaction of $728,000.00. Following the completion of the sale, the general counsel directly owned 90,194 shares in the company, valued at approximately $18,760,352. The trade was a 3.74% 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. In the last three months, insiders sold 8,749 shares of company stock worth $1,708,577. Corporate insiders own 0.78% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the subject of several research reports. Evercore reduced their target price on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a report on Monday, April 6th. Deutsche Bank Aktiengesellschaft cut their price target on Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Wells Fargo & Company reduced their price objective on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Wall Street Zen raised Capital One Financial from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Bank of America lowered their target price on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Twenty equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $259.82.

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.