Landscape Capital Management L.L.C. Boosts Stock Holdings in Capital One Financial Corporation $COF

Landscape Capital Management L.L.C. grew its position in shares of Capital One Financial Corporation (NYSE:COF) by 98.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,904 shares of the financial services provider’s stock after acquiring an additional 3,424 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Capital One Financial were worth $1,673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Evolution Wealth Management Inc. boosted its holdings in Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 90 shares during the last quarter. VSM Wealth Advisory LLC purchased a new position in Capital One Financial during the 4th quarter worth $27,000. Cherry Tree Wealth Management LLC boosted its holdings in Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 105 shares during the last quarter. Olistico Wealth LLC purchased a new position in Capital One Financial during the 4th quarter worth $30,000. Finally, Rakuten Securities Inc. boosted its holdings in Capital One Financial by 550.0% during the 4th quarter. Rakuten Securities Inc. now owns 130 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 110 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Capital One Financial

In related news, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total value of $643,755.00. Following the sale, the general counsel directly owned 97,194 shares in the company, valued at approximately $17,876,892.42. The trade was a 3.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total value of $314,052.12. Following the completion of the sale, the insider owned 65,454 shares in the company, valued at $12,148,916.94. This represents a 2.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 8,040 shares of company stock worth $1,498,615. Company insiders own 0.78% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the topic of a number of analyst reports. Royal Bank Of Canada cut their price objective on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a report on Friday, April 10th. Rothschild & Co Redburn cut their price objective on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. JPMorgan Chase & Co. lifted their price objective on shares of Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. The Goldman Sachs Group lowered their target price on Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. Finally, Wells Fargo & Company lowered their target price on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.75.

Capital One Financial Trading Up 5.3%

NYSE COF opened at $194.58 on Tuesday. The stock has a market capitalization of $121.08 billion, a price-to-earnings ratio of 68.27, a PEG ratio of 0.66 and a beta of 1.03. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03. The business’s fifty day moving average is $189.38 and its 200-day moving average is $207.20.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The business had revenue of $15.23 billion for 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 company’s revenue for the quarter was up 52.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.06 earnings per share. Equities research analysts predict that Capital One Financial Corporation will post 19.51 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, May 19th. Capital One Financial’s payout ratio is currently 112.28%.

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.