Focus Partners Advisor Solutions LLC Boosts Stock Position in Capital One Financial Corporation $COF

Focus Partners Advisor Solutions LLC grew its holdings in Capital One Financial Corporation (NYSE:COF) by 40.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 16,797 shares of the financial services provider’s stock after acquiring an additional 4,864 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Capital One Financial were worth $4,071,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in COF. Brighton Jones LLC increased its position in shares of Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after buying an additional 10,428 shares in the last quarter. Intech Investment Management LLC increased its position in shares of Capital One Financial by 44.3% during the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after purchasing an additional 2,753 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Capital One Financial by 118.3% during the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after purchasing an additional 1,788 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Capital One Financial during the second quarter worth approximately $218,000. Finally, Jump Financial LLC purchased a new stake in shares of Capital One Financial during the second quarter worth approximately $1,086,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Capital One Financial Stock Performance

NYSE COF opened at $183.11 on Wednesday. The stock’s fifty day moving average is $189.14 and its two-hundred day moving average is $207.87. The firm has a market capitalization of $113.95 billion, a P/E ratio of 64.25, a price-to-earnings-growth ratio of 0.66 and a beta of 1.03. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a fifty-two week low of $174.98 and a fifty-two week high of $259.64.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The company had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The business’s quarterly revenue was up 52.3% on a year-over-year basis. During the same period last year, the firm posted $4.06 EPS. On average, research analysts anticipate that Capital One Financial Corporation will post 19.13 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were issued a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. Capital One Financial’s dividend payout ratio is currently 112.28%.

Insider Activity at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total value of $643,755.00. Following the completion of the sale, the general counsel owned 97,194 shares of the company’s stock, valued at approximately $17,876,892.42. This represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Celia Karam sold 1,749 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $192.58, for a total transaction of $336,822.42. Following the completion of the sale, the insider directly owned 61,579 shares of the company’s stock, valued at $11,858,883.82. This represents a 2.76% decrease in their position. 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. Over the last quarter, insiders sold 8,040 shares of company stock valued at $1,498,615. 0.78% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on COF shares. Wells Fargo & Company dropped their price target on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Rothschild & Co Redburn dropped their price target on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Truist Financial dropped their price target on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. TD Cowen dropped their price target on Capital One Financial from $290.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Seventeen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.75.

Capital One Financial 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.