Westpac Banking Corp Takes Position in Capital One Financial Corporation $COF

Key Points

• Westpac Banking Corp. acquired 4,694 Capital One shares in the second quarter, valued at approximately $942,000. Institutional investors collectively own 89.84% of the company.
• Capital One reported stronger-than-expected quarterly results, with EPS of $5.81 versus the $4.79 consensus and revenue of $15.83 billion, up 26.9% year over year. Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and a $259.14 average price target.
• Despite solid results, investors face risks from elevated credit-card delinquencies, slower card growth and recent insider selling. The company also declared a quarterly dividend of $0.80 per share, implying a 1.5% annualized yield.

Westpac Banking Corp purchased a new stake in shares of Capital One Financial Corporation (NYSE:COF) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,694 shares of the financial services provider's stock, valued at approximately $942,000.

Other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC increased its position in Capital One Financial by 18.1% during the 4th quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider's stock valued at $85,739,000 after buying an additional 54,263 shares in the last quarter. Swiss Life Asset Management Ltd boosted its holdings in Capital One Financial by 11.2% in the fourth quarter. Swiss Life Asset Management Ltd now owns 115,843 shares of the financial services provider's stock worth $28,076,000 after acquiring an additional 11,651 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Capital One Financial by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider's stock worth $13,789,615,000 after acquiring an additional 360,071 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in Capital One Financial by 2.9% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 223,977 shares of the financial services provider's stock worth $54,283,000 after acquiring an additional 6,225 shares in the last quarter. Finally, Sculptor Capital LP purchased a new stake in shares of Capital One Financial in the first quarter worth $33,932,000. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Performance

Shares of COF opened at $218.05 on Friday. The company has a market cap of $133.77 billion, a price-to-earnings ratio of 13.49, a P/E/G ratio of 0.80 and a beta of 1.02. The business's fifty day simple moving average is $208.66 and its two-hundred day simple moving average is $198.21. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion during 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 company's revenue was up 26.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $5.48 earnings per share. Research analysts anticipate that Capital One Financial Corporation will post 20.29 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be given a $0.80 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. Capital One Financial's payout ratio is 19.80%.

Insiders Place Their Bets

In other news, CAO Timothy P. Golden sold 3,487 shares of Capital One Financial 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. The trade was a 31.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Lia Dean sold 2,193 shares of the business's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $225.52, for a total transaction of $494,565.36. Following the transaction, the insider directly owned 63,261 shares of the company's stock, valued at $14,266,620.72. The trade was a 3.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 26,267 shares of company stock worth $5,617,648 in the last quarter. Insiders own 0.78% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on COF shares. Bank of America reduced their price target on Capital One Financial from $234.00 to $231.00 and set a "buy" rating for the company in a report on Thursday, July 9th. Piper Sandler initiated coverage on shares of 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. Wall Street Zen downgraded shares of Capital One Financial from a "buy" rating to a "hold" rating in a research report on Sunday, August 2nd. BTIG Research raised their price objective on shares of Capital One Financial from $224.00 to $259.00 and gave the company a "buy" rating in a research note on Tuesday, June 30th. Finally, TD Cowen decreased 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-one investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $259.14.

Key Headlines Impacting Capital One Financial

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

• Positive Sentiment: COF’s latest quarterly results exceeded expectations, with earnings per share of $5.81 versus the $4.79 consensus and revenue of $15.83 billion. The company’s revenue increased 26.9% year over year, helping drive a roughly 9.6% gain since the earnings release. Capital One Up 9.6% Since Last Earnings Report
• Positive Sentiment: Analyst expectations remain constructive. The recent median price target cited for COF is $254.50, above the stock’s referenced trading level, while Bank of America reportedly maintained a Buy rating. Investors are also looking for continued earnings growth and potential valuation expansion. Bank of America Maintains Buy Rating Why Capital One Could See Earnings Growth and Multiple Expansion
• Neutral Sentiment: Capital One will redeem all 1 million outstanding shares of its Series M fixed-rate reset non-cumulative perpetual preferred stock on September 1, 2026. The action is a capital-management decision with limited direct impact on operating earnings, though investors may monitor its effect on the company’s capital structure. Capital One Announces Series M Preferred Stock Redemption
• Negative Sentiment: Consumer-credit concerns are weighing on the shares. Industry credit-card delinquencies remain elevated, and Capital One’s 30-plus-day delinquency rate reportedly edged up to 3.48% in July, despite an improvement in net charge-offs. This mixed data is particularly important because Capital One has substantial credit-card exposure. Capital One Falls as Investors Weigh Consumer Credit Pressure
• Negative Sentiment: Bank of America also noted slower card growth, adding to concerns that future loan and revenue growth could moderate. Separately, reported insider activity showed substantial selling and no open-market purchases during the past six months, a potentially cautious signal, although insider sales can reflect compensation or diversification. Bank of America Sends Message on Capital One Stock

Capital One Financial Company 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.

Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corporation (NYSE:COF - Free Report).

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