Cumberland Partners Ltd Grows Position in Capital One Financial Corporation $COF

Cumberland Partners Ltd raised its holdings in shares of Capital One Financial Corporation (NYSE:COF) by 60.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,000 shares of the financial services provider’s stock after purchasing an additional 4,500 shares during the quarter. Cumberland Partners Ltd’s holdings in Capital One Financial were worth $2,908,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. VSM Wealth Advisory LLC purchased a new stake in Capital One Financial during the fourth quarter valued at about $27,000. Olistico Wealth LLC purchased a new stake in Capital One Financial during the fourth quarter valued at about $30,000. Rakuten Securities Inc. lifted its holdings in Capital One Financial by 550.0% during the fourth quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 110 shares during the last quarter. Strive Asset Management LLC purchased a new stake in Capital One Financial during the third quarter valued at about $28,000. Finally, Westfuller Advisors LLC lifted its holdings in Capital One Financial by 661.1% during the fourth quarter. Westfuller Advisors LLC now owns 137 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 119 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total value of $643,755.00. Following the transaction, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jason P. Hanson sold 3,729 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the transaction, the insider owned 40,230 shares in the company, valued at approximately $8,247,150. This trade represents a 8.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 49,904 shares of company stock valued at $9,528,159 in the last 90 days. 0.78% of the stock is owned by company insiders.

Capital One Financial Stock Up 0.6%

COF stock opened at $187.80 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The company’s 50 day moving average is $188.36 and its 200 day moving average is $210.48. The stock has a market cap of $116.87 billion, a price-to-earnings ratio of 65.90, a price-to-earnings-growth ratio of 0.68 and a beta of 1.05. Capital One Financial Corporation has a 1-year low of $174.98 and a 1-year high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing the consensus estimate of $5.08 by ($0.66). The company had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm’s revenue for the quarter was up 52.3% on a year-over-year basis. During the same quarter last year, the company posted $4.06 earnings per share. Sell-side analysts predict that Capital One Financial Corporation will post 19.17 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 19th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Tuesday, May 19th. Capital One Financial’s dividend payout ratio is 112.28%.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Truist Financial lowered their price target on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Wells Fargo & Company lowered their price target on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Barclays increased their price target on shares of Capital One Financial from $226.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Finally, Wolfe Research lowered their price target on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. Seventeen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and an average price target of $258.75.

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.