Callodine Capital Management LP Acquires 36,651 Shares of Capital One Financial Corporation $COF

Callodine Capital Management LP increased its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 16.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 262,996 shares of the financial services provider’s stock after acquiring an additional 36,651 shares during the quarter. Capital One Financial comprises about 3.4% of Callodine Capital Management LP’s investment portfolio, making the stock its 11th largest holding. Callodine Capital Management LP’s holdings in Capital One Financial were worth $47,978,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in COF. 44 Wealth Management LLC grew its holdings in shares of Capital One Financial by 152.3% during the 1st quarter. 44 Wealth Management LLC now owns 5,238 shares of the financial services provider’s stock worth $956,000 after purchasing an additional 3,162 shares in the last quarter. Lombard Odier Asset Management Switzerland SA grew its stake in Capital One Financial by 5.9% during the first quarter. Lombard Odier Asset Management Switzerland SA now owns 44,849 shares of the financial services provider’s stock worth $8,182,000 after buying an additional 2,500 shares in the last quarter. Lombard Odier Asset Management USA Corp increased its holdings in Capital One Financial by 9.6% in the 1st quarter. Lombard Odier Asset Management USA Corp now owns 2,800 shares of the financial services provider’s stock valued at $511,000 after buying an additional 246 shares during the period. Aristotle Atlantic Partners LLC bought a new position in Capital One Financial in the 1st quarter valued at about $744,000. Finally, Helix Partners Management LP raised its position in shares of Capital One Financial by 600.9% in the 1st quarter. Helix Partners Management LP now owns 77,100 shares of the financial services provider’s stock valued at $14,065,000 after buying an additional 66,100 shares in the last quarter. Institutional investors own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on COF shares. BTIG Research upped their price target on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. UBS Group boosted their price objective on shares of Capital One Financial from $270.00 to $275.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Evercore cut their target price on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating for the company in a research note on Monday, April 6th. Bank of America reduced their target price on Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Finally, Piper Sandler assumed coverage on 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. Twenty equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $259.82.

More Capital One Financial News

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.

Capital One Financial Stock Up 1.3%

Shares of NYSE COF opened at $202.53 on Friday. The company has a 50 day simple moving average of $195.38 and a 200 day simple moving average of $200.56. The firm has a market cap of $126.03 billion, a PE ratio of 12.53, a price-to-earnings-growth ratio of 0.76 and a beta of 1.02. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.03.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 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 11.28%. The business had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. During the same period last year, the company earned $5.48 EPS. The firm’s revenue was up 26.9% compared to the same quarter last year. On average, research analysts forecast that Capital One Financial Corporation will post 20.13 EPS for the current year.

Capital One Financial Dividend Announcement

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

Insiders Place Their Bets

In related 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 sale, the insider owned 61,579 shares of the company’s stock, valued at $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 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 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. This represents 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 quarter, insiders have sold 8,749 shares of company stock worth $1,708,577. 0.78% of the stock is owned by company insiders.

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.