UMB Bank n.a. Raises Holdings in Capital One Financial Co. (NYSE:COF)

UMB Bank n.a. increased its position in Capital One Financial Co. (NYSE:COF) by 4.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,721 shares of the financial services provider’s stock after purchasing an additional 154 shares during the period. UMB Bank n.a.’s holdings in Capital One Financial were worth $664,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new position in shares of Capital One Financial in the fourth quarter valued at $32,000. Catalyst Capital Advisors LLC purchased a new position in shares of Capital One Financial in the 3rd quarter worth $36,000. Creative Financial Designs Inc. ADV increased its holdings in shares of Capital One Financial by 135.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 289 shares of the financial services provider’s stock worth $43,000 after buying an additional 166 shares during the last quarter. Eastern Bank purchased a new stake in shares of Capital One Financial during the 3rd quarter valued at about $44,000. Finally, Prospera Private Wealth LLC purchased a new position in Capital One Financial in the third quarter worth about $47,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Kara West sold 721 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares in the company, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,256 shares of company stock valued at $2,462,487 over the last quarter. 1.30% of the stock is owned by corporate insiders.

Capital One Financial Stock Up 1.3 %

Shares of Capital One Financial stock opened at $193.42 on Wednesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $73.74 billion, a price-to-earnings ratio of 18.26, a PEG ratio of 1.23 and a beta of 1.46. The firm’s 50-day moving average is $183.84 and its two-hundred day moving average is $160.98. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $198.30.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.31. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10,220,675.12 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company posted $2.81 earnings per share. As a group, research analysts expect that Capital One Financial Co. will post 13.53 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is currently 22.66%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on COF. Truist Financial began coverage on Capital One Financial in a research note on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price objective for the company. Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Wells Fargo & Company raised their target price on shares of Capital One Financial from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. HSBC upgraded shares of Capital One Financial from a “reduce” rating to a “hold” rating and set a $176.00 price target on the stock in a report on Tuesday, January 14th. Finally, Evercore ISI raised their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Ten research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $188.06.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.