6,844 Capital One Financial Corporation $COF Shares Purchased by Frank Rimerman Advisors LLC

Key Points

• Frank Rimerman Advisors LLC increased its Capital One stake by 89% in the third quarter, purchasing 6,844 shares and bringing its holdings to 14,537 shares valued at approximately $2.8 million. Institutional investors collectively own 89.84% of the company.
• Capital One recently reported earnings of $5.81 per share, exceeding estimates by $1.02, while revenue rose 26.9% year over year to $15.83 billion. The company also pays a quarterly dividend of $0.80, representing a 1.6% annualized yield.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $255.04, though some targets were reduced. Key risks include potential credit losses, weaker consumer-loan demand, regulatory scrutiny and execution challenges related to the pending Discover acquisition.

Frank Rimerman Advisors LLC lifted its stake in Capital One Financial Corporation (NYSE:COF - Free Report) by 89.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,537 shares of the financial services provider's stock after buying an additional 6,844 shares during the quarter. Frank Rimerman Advisors LLC's holdings in Capital One Financial were worth $2,807,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. 1834 Investment Advisors Co. increased its holdings in Capital One Financial by 16.0% in the 3rd quarter. 1834 Investment Advisors Co. now owns 3,402 shares of the financial services provider's stock valued at $657,000 after acquiring an additional 470 shares during the last quarter. Avail Investment Partners LLC grew its position in shares of Capital One Financial by 32.2% during the third quarter. Avail Investment Partners LLC now owns 2,884 shares of the financial services provider's stock valued at $557,000 after purchasing an additional 702 shares in the last quarter. TD Waterhouse Canada Inc. grew its position in shares of Capital One Financial by 110.2% during the third quarter. TD Waterhouse Canada Inc. now owns 35,088 shares of the financial services provider's stock valued at $6,774,000 after purchasing an additional 18,397 shares in the last quarter. Peddock Capital Advisors LLC increased its holdings in shares of Capital One Financial by 315.0% in the third quarter. Peddock Capital Advisors LLC now owns 50,389 shares of the financial services provider's stock worth $9,729,000 after purchasing an additional 38,246 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC boosted its stake in Capital One Financial by 6.4% during the third quarter. Cyndeo Wealth Partners LLC now owns 1,185 shares of the financial services provider's stock valued at $229,000 after buying an additional 71 shares during the last quarter. Institutional investors own 89.84% of the company's stock.

Capital One Financial Trading Up 1.4%

COF stock opened at $201.72 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. 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 capitalization of $123.75 billion, a price-to-earnings ratio of 12.48, a price-to-earnings-growth ratio of 0.97 and a beta of 1.04. The firm's fifty day simple moving average is $208.08 and its two-hundred day simple moving average is $200.23.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate of $4.79 by $1.02. The business had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The business's revenue for the quarter was up 26.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.48 earnings per share. As a group, analysts anticipate that Capital One Financial Corporation will post 20.36 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a $0.80 dividend. The ex-dividend date was Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. Capital One Financial's dividend payout ratio (DPR) is presently 19.80%.

Key Stories Impacting Capital One Financial

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

Analyst Ratings Changes

Several equities analysts have weighed in on the company. TD Cowen cut their price target on Capital One Financial from $253.00 to $242.00 and set a "buy" rating for the company in a report on Tuesday, October 6th. Evercore set a $220.00 target price on shares of Capital One Financial in a report on Thursday, October 1st. Bank of America cut their target price on shares of Capital One Financial from $234.00 to $231.00 and set a "buy" rating for the company in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Capital One Financial in a research report on Thursday, August 20th. Finally, Wall Street Zen downgraded shares of Capital One Financial from a "buy" rating to a "hold" rating in a research note on Sunday, August 2nd. Twenty 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, Capital One Financial has a consensus rating of "Moderate Buy" and an average price target of $255.04.

Insider Activity at Capital One Financial

In other news, insider Ravi Raghu sold 9,726 shares of Capital One Financial stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the completion of the sale, the insider owned 26,328 shares of the company's stock, valued at approximately $5,523,087.84. The trade was a 26.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through 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 the business's stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $196.22, for a total value of $686,770.00. Following the completion of the sale, the general counsel owned 79,694 shares of the company's stock, valued at $15,637,556.68. The trade was a 4.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 33,850 shares of company stock worth $7,167,152 over the last ninety days. 0.78% of the stock is currently owned by company insiders.

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.

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