Baader Bank Aktiengesellschaft Trims Stake in Capital One Financial Corporation $COF

Baader Bank Aktiengesellschaft cut its stake in Capital One Financial Corporation (NYSE:COF) by 70.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,247 shares of the financial services provider’s stock after selling 2,989 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Capital One Financial were worth $226,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of COF. Brighton Jones LLC boosted its position in shares of Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 10,428 shares in the last quarter. Intech Investment Management LLC lifted its position in Capital One Financial by 44.3% during the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock valued at $1,608,000 after buying an additional 2,753 shares during the period. Sivia Capital Partners LLC lifted its position in Capital One Financial by 118.3% during the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock valued at $702,000 after buying an additional 1,788 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at $218,000. Finally, Jump Financial LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at $1,086,000. 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: Capital One beat Q2 estimates with adjusted EPS of $5.81 and revenue of about $15.8 billion, helped by stronger net interest income, higher revenues, and lower provisions for credit losses. Capital One’s Q2 Earnings Beat on Higher Revenues, Lower Provisions
• Positive Sentiment: Management said the Discover integration remains on schedule, synergies are being captured, and card growth could reaccelerate after platform migrations. COF Q2 Earnings Call Tracks Discover Integration Progress
• Positive Sentiment: Unusual options activity leaned bullish, with call buying running well above normal volume ahead of the earnings reaction.
• Neutral Sentiment: Some coverage framed the stock as a potential value play after solid consumer-credit results, but with investors still waiting for clearer signs on the outlook.
• Negative Sentiment: Shares are under pressure because the earnings beat was boosted by a sharp drop in provisions and a reserve release, while charge-offs remained elevated and integration-related expenses rose.
• Negative Sentiment: Deposits were weaker, and non-interest expense increased, which may temper enthusiasm about the durability of earnings momentum.
• Negative Sentiment: A New York lawsuit involving Zelle’s parent, Early Warning Services, could add headline risk for Capital One because COF is one of the seven bank owners, though the case is not directly about Capital One’s core operations. Zelle must face New York attorney general lawsuit over ‘rampant’ fraud, judge rules

Insiders Place Their Bets

In other news, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s 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 completion of the transaction, the general counsel owned 90,194 shares in the company, valued at $18,760,352. The trade was a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the 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 sale, 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 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 valued at $1,708,577. Corporate insiders own 0.78% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the topic of a number of recent research reports. Morgan Stanley reduced their target price on shares of Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. Barclays dropped their price objective on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating on the stock in a research note on Wednesday. Evercore cut their price objective on shares of Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. Royal Bank Of Canada decreased their target price on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a research note on Friday, April 10th. Finally, TD Cowen lowered their target price on shares of Capital One Financial from $260.00 to $253.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Twenty investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $259.82.

Capital One Financial Stock Performance

Shares of COF stock opened at $201.84 on Thursday. The company has a market capitalization of $125.60 billion, a price-to-earnings ratio of 12.49, a price-to-earnings-growth ratio of 0.75 and a beta of 1.02. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The company’s 50-day moving average is $194.79 and its 200 day moving average is $200.88.

Capital One Financial (NYSE:COF) last issued its 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. Capital One Financial had a net margin of 13.37% and a return on equity of 11.29%. The business had revenue of $15.83 billion during the quarter, compared to analysts’ expectations of $15.76 billion. During the same period in the previous year, the company earned $5.48 earnings per share. The business’s revenue for the quarter was up 26.9% compared to the same quarter last year. Sell-side analysts expect that Capital One Financial Corporation will post 19.54 EPS for the current fiscal 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 paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, May 19th. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.

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.