Danske Bank A 13F: New $71M Stake in Capital One Financial (COF)
Danske Bank A has initiated a stake in Capital One Financial, acquiring 349,681 shares valued at approximately $71.3 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
Danske Bank A opened a new position of 349,681 shares in Capital One Financial Corporation ($COF), according to a 13F filing with the SEC dated May 12, 2026. It reported 349,681 shares worth $71.33 million at the end of the quarter.
Since the filing, $COF is down 0.5% after 1 week, down 0.5% after 1 month and up 10.7% to date (from the $182.28 close on May 12, 2026).
COF
Capital One Financial Corporation
Key Points
- Danske Bank A took a new position in Capital One Financial, acquiring 349,681 shares priced at $204.0 each, totaling about $71.3 million.
- Capital One's shares are currently trading near their 50-day moving average of $208.42, reflecting a steady performance in the financial services sector.
- In the latest quarter, other significant holders like BlackRock and Vanguard maintained substantial positions in Capital One, showing confidence in its growth prospects.
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Danske Bank A has taken a new position in Capital One Financial Corporation (NYSE: COF), acquiring 349,681 shares valued at roughly $71.3 million as of May 12, 2026. The investment reflects a cost basis of $210.39 per share.
Danske Bank A vs. the S&P 500
Hypothetical returns from Danske Bank A's disclosed trades, not real profit or advice. How we model this.
What Changed in Danske Bank A's Capital One Position
Danske Bank A opened a new position in Capital One Financial, having previously held no shares. The new stake represents a significant entry into the financial services sector for the bank, with a reported total value of $71,334,924.
Other Institutional Activity in Capital One
Several large institutional investors also adjusted their stakes in Capital One during the same quarter. BlackRock Inc. increased its holdings by 238,835 shares, reaching a total of 51,054,869 shares valued at approximately $10.2 billion. Vanguard Capital Management LLC added 137,728 shares, bringing its total to 40,646,052 shares worth about $8.2 billion. State Street Corporation grew its position by 242,482 shares, now holding 27,797,298 shares valued at around $5.6 billion. JPMorgan Chase & Co. raised its stake by 430,414 shares, reaching a total of 17,785,818 shares valued at $3.6 billion. Geode Capital Management, LLC increased its holdings by 67,179 shares, totaling 14,360,681 shares worth about $2.9 billion.
Capital One Financial Corporation Stock Up 5.0%
As of Tuesday, May 12, 2026, Capital One's shares trade at $204.0, reflecting a stable position near its 50-day moving average of $208.42. The stock has seen a range between $174.24 and $259.64 over the past year, illustrating both volatility and the potential for recovery.
Recent Earnings
In its latest earnings report for the quarter ended June 30, 2026, Capital One posted revenue of about $48.1 billion, marking an 11.1% growth year-over-year. The company's earnings per share stood at $15.57, with a net margin of 21.9% and a return on equity of 9.03%. Capital One is set to announce its next earnings report on October 20, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
2 target cuts vs 1 raises.
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EPS & revenue
EPS missed estimates by 3.9%. Revenue beat estimates by 24.5%.
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Profit surprise
Operating income missed by 63 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
1 target raise, 2 target cuts.
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Earnings quality
Gross margin up 0.9 points. Operating margin up 1.1 points. Positive free cash flow.
Earnings Call Summary
Capital One reported stronger revenue than expected at $19.3 billion, driven by the Discover acquisition, though earnings per share of $4.42 missed the $4.61 consensus slightly. Credit quality remained strong with card charge-offs improving 109 basis points year-over-year to 5.1 percent and auto delinquencies improving 72 basis points. The company closed the Brex acquisition for about $4.5 billion in April and is investing to grow these new businesses while completing the Discover technology integration.
Guidance Capital One reaffirmed that earnings power after the Discover deal integration would match expectations from when the deal was announced, including Brex and travel business. They expect expense synergies to come mostly in the second half of 2026 and into 2027 as technology conversions complete. The company plans to continue investing heavily in growth opportunities including Brex, travel, and converting Discover customers onto Capital One platforms.
Very weak report. The release materially worsened the forward outlook.
Dividend
Capital One Financial pays an annual dividend yield of 1.61%, with a payout ratio of 19.27%. This offers income for investors in addition to potential capital appreciation.
Insider Buying and Selling at Capital One Financial Corporation
Recently, several insiders sold shares of Capital One. General Counsel Matthew W. Cooper sold 3,500 shares on October 6, 2026, at an average price of $196.22, totaling about $686,770. Officer Lia Dean sold 2,066 shares on September 15, 2026, for about $425,741, also at $206.07 per share. Additionally, Officer Celia Edwards Karam sold 2,017 shares on the same day, also at $206.07, amounting to approximately $415,643. Earlier, Cooper sold another 3,500 shares on September 1, 2026, at $214.10, totaling around $749,350.
Analysts Set New Price Targets
On October 12, 2026, JP Morgan maintained its Overweight rating on Capital One with a target price of $227.00, down from $246.00. Morgan Stanley also kept an Overweight rating with a target of $267.00, decreased from $273.00. BMO Capital initiated coverage with a Market Perform rating and a target of $219.00 on October 9, 2026. TD Cowen maintained a Buy rating with a target of $242.00, while Barclays also maintained an Overweight rating with a target of $237.00. The consensus rating across 22 analysts is a "buy" with a mean price target of $252.27.
About Capital One Financial Corporation
Capital One Financial Corporation is a prominent financial services company based in McLean, Virginia. It primarily provides various financial products and services, including credit cards and banking services, through its different segments. This new position from Danske Bank A highlights ongoing interest and confidence in Capital One's future growth potential.
Bottom Line
Investors should keep an eye on Capital One's performance as it approaches its next earnings date on October 20, 2026. The recent 13F filing reflects holdings as of May 12, 2026, and may not represent current positions. With institutional interest from Danske Bank A and others, Capital One remains a noteworthy player in the financial services sector.
Related Filing Alerts
Source: Danske Bank A's 13F filing on $COF (May 12, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Danske Bank A 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts