Capital One Financial Corp. (NYSE:COF) insider John G. Finneran, Jr. sold 56,939 shares of the firm’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $97.26, for a total value of $5,537,887.14.
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Shares of NYSE COF traded down $0.04 during trading hours on Friday, reaching $97.26. 2,062,783 shares of the stock traded hands, compared to its average volume of 2,329,336. The company has a market capitalization of $45.31 billion, a P/E ratio of 8.94, a price-to-earnings-growth ratio of 1.18 and a beta of 1.27. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 0.85. Capital One Financial Corp. has a 52-week low of $69.90 and a 52-week high of $99.62. The company’s 50-day simple moving average is $91.41 and its two-hundred day simple moving average is $90.35.
Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $3.32 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.87 by $0.45. The company had revenue of $6.96 billion for the quarter, compared to analysts’ expectations of $7.19 billion. Capital One Financial had a return on equity of 10.40% and a net margin of 16.84%. Capital One Financial’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the firm posted $3.12 EPS. As a group, sell-side analysts forecast that Capital One Financial Corp. will post 11.88 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, November 8th. This represents a $1.60 dividend on an annualized basis and a yield of 1.65%. Capital One Financial’s dividend payout ratio (DPR) is currently 14.71%.
A number of institutional investors have recently made changes to their positions in the business. Crestline Management LP bought a new stake in shares of Capital One Financial during the second quarter valued at approximately $1,932,000. Bridges Investment Management Inc. boosted its holdings in Capital One Financial by 3.1% in the second quarter. Bridges Investment Management Inc. now owns 385,247 shares of the financial services provider’s stock worth $34,958,000 after acquiring an additional 11,726 shares in the last quarter. Calamos Advisors LLC boosted its holdings in Capital One Financial by 3.4% in the second quarter. Calamos Advisors LLC now owns 428,670 shares of the financial services provider’s stock worth $38,897,000 after acquiring an additional 14,052 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Capital One Financial by 2.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,497,321 shares of the financial services provider’s stock worth $317,347,000 after acquiring an additional 95,246 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in Capital One Financial by 9.8% in the second quarter. Janus Henderson Group PLC now owns 134,899 shares of the financial services provider’s stock worth $12,243,000 after acquiring an additional 12,057 shares in the last quarter. 88.85% of the stock is currently owned by institutional investors and hedge funds.
COF has been the subject of several research analyst reports. Morgan Stanley reaffirmed a “hold” rating and set a $104.00 target price on shares of Capital One Financial in a research report on Tuesday, October 29th. Piper Jaffray Companies decreased their target price on Capital One Financial from $111.00 to $107.00 and set an “overweight” rating for the company in a research report on Wednesday, September 11th. Citigroup decreased their target price on Capital One Financial from $105.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, October 9th. BMO Capital Markets raised their target price on Capital One Financial from $141.00 to $153.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Finally, Credit Suisse Group set a $116.00 price target on Capital One Financial and gave the stock a “buy” rating in a research note on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $104.87.
About Capital One Financial
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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