Capital One Financial Corporation $COF Stock: Frank Rimerman Advisors LLC Grows Stake

Frank Rimerman Advisors LLC increased its holdings in Capital One Financial Corporation (NYSE:COF) by 89.0% in the third quarter, Holdings Channel reports. The fund owned 14,537 shares of the financial services provider’s stock after purchasing an additional 6,844 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Capital One Financial were worth $2,807,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bell Investment Advisors Inc raised its holdings in shares of Capital One Financial by 17.8% in the 1st quarter. Bell Investment Advisors Inc now owns 344 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 52 shares in the last quarter. Turtle Creek Wealth Advisors LLC lifted its position in shares of Capital One Financial by 1.6% in the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 3,462 shares of the financial services provider’s stock worth $632,000 after purchasing an additional 53 shares during the period. Louisbourg Investments Inc. lifted its position in shares of Capital One Financial by 6.7% in the 1st quarter. Louisbourg Investments Inc. now owns 870 shares of the financial services provider’s stock worth $159,000 after purchasing an additional 55 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Capital One Financial by 3.1% during the second quarter. Revolve Wealth Partners LLC now owns 2,014 shares of the financial services provider’s stock valued at $404,000 after purchasing an additional 60 shares in the last quarter. Finally, North Dakota State Investment Board boosted its stake in shares of Capital One Financial by 0.3% during the second quarter. North Dakota State Investment Board now owns 18,272 shares of the financial services provider’s stock valued at $3,666,000 after purchasing an additional 62 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Insider Activity

In other Capital One Financial news, CAO Timothy Golden sold 3,487 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $211.00, for a total value of $735,757.00. Following the completion of the sale, the chief accounting officer directly owned 7,429 shares in the company, valued at $1,567,519. This trade represents a 31.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Zamsky sold 5,473 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the completion of the sale, the insider owned 27,992 shares of the company’s stock, valued at approximately $6,102,815.84. This trade represents a 16.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,850 shares of company stock worth $7,167,152 over the last 90 days. 0.78% of the stock is currently owned by insiders.

Key Capital One Financial News

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

• Positive Sentiment: Analysts remain bullish on Capital One as a leading financial-stock pick, supporting investor confidence in the company’s long-term growth prospects. Analysts Are Bullish on Top Financial Stocks
• Positive Sentiment: Capital One and the Capital One Foundation announced 10 finalists for a $25 million Scaling Pathways to Homeownership initiative. The program could strengthen the company’s community profile and support its broader $265 billion Community Benefits Plan. Capital One’s $25 Million Homeownership Initiative
• Positive Sentiment: Capital One is viewed as a value stock ahead of earnings, with investors potentially attracted by its relatively modest valuation and expectations for possible earnings outperformance. Why Capital One Is a Strong Value Stock
• Neutral Sentiment: Investors are preparing for Capital One’s October 20 third-quarter report. Forecasts call for revenue growth but potentially lower year-over-year earnings, making credit losses, loan demand, expenses and card performance key areas to watch. How Upcoming Earnings Will Impact Capital One Stock Investors
• Neutral Sentiment: The pending Discover acquisition remains a major valuation driver. Analysts are balancing potential strategic benefits against integration and execution risks in a more challenging macroeconomic environment. Capital One Stock Sees Fair Value Cut
• Negative Sentiment: Weak consumer-loan demand, higher provisions for credit losses and rising expenses could pressure third-quarter profit, despite continued strength in credit-card operations. Will Weak Consumer Loan Demand and High Provisions Hurt COF Earnings?
• Negative Sentiment: A valuation update reduced fair value to approximately $252.27 from $258.27, reflecting caution around the Discover transaction, earnings outlook and economic conditions. Capital One is also facing fresh OCC scrutiny of customer-risk policies, adding regulatory uncertainty. Capital One Fair Value Cut

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $201.72 on Friday. The company has a market capitalization of $123.75 billion, a PE ratio of 12.48, a P/E/G ratio of 0.97 and a beta of 1.04. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. The company has a 50-day simple moving average of $208.08 and a two-hundred day simple moving average of $200.23. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The business had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. During the same period in the prior year, the firm posted $5.48 earnings per share. The company’s quarterly revenue was up 26.9% on a year-over-year basis. Research analysts expect that Capital One Financial Corporation will post 20.36 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, August 17th. Capital One Financial’s payout ratio is 19.80%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on COF. JPMorgan Chase & Co. cut their price objective on shares of Capital One Financial from $246.00 to $227.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. Weiss Ratings downgraded shares of Capital One Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, October 6th. Wall Street Zen lowered Capital One Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. BMO Capital Markets started coverage on Capital One Financial in a research report on Friday, October 9th. They set a “market perform” rating and a $219.00 target price on the stock. Finally, TD Cowen dropped their target price on Capital One Financial from $253.00 to $242.00 and set a “buy” rating on the stock in a research report on Tuesday, October 6th. Twenty research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and an average price target of $255.04.

About Capital One Financial

Capital One Financial Corporation is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company operates as a bank holding company through Capital One, N.A., providing financial products and services to consumers, small businesses and commercial customers.

Capital One is best known for its credit card business, which offers a range of consumer and business cards. Its other activities include consumer banking products such as checking and savings accounts, auto loans and retail banking services, as well as commercial banking services for businesses and institutions.

The company primarily serves customers in the United States through digital channels, branches and other distribution networks.