Capital One Financial Corporation (NYSE:COF) General Counsel Matthew 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 transaction of $643,755.00. Following the sale, the general counsel owned 97,194 shares in the company, valued at $17,876,892.42. This trade represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Capital One Financial Stock Up 0.8%
COF stock opened at $187.19 on Friday. Capital One Financial Corporation has a 52 week low of $174.98 and a 52 week high of $259.64. The company has a market capitalization of $116.48 billion, a price-to-earnings ratio of 65.68, a price-to-earnings-growth ratio of 0.68 and a beta of 1.05. The firm’s 50-day moving average is $188.41 and its two-hundred day moving average is $211.67. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46.
Capital One Financial (NYSE:COF – Get Free Report) last released its quarterly 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). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The company had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. During the same quarter last year, the firm posted $4.06 earnings per share. The firm’s quarterly revenue was up 52.3% compared to the same quarter last year. On average, analysts forecast that Capital One Financial Corporation will post 19.17 earnings per share for the current fiscal year.
Capital One Financial Dividend Announcement
Wall Street Analyst Weigh In
A number of analysts have commented on COF shares. The Goldman Sachs Group dropped their price target on shares of Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Truist Financial dropped 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 research report on Thursday, April 23rd. Wolfe Research dropped their target price 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. BTIG Research reiterated a “buy” rating and issued a $224.00 target price on shares of Capital One Financial in a report on Wednesday, April 22nd. Finally, Royal Bank Of Canada dropped their target price 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. Eighteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Capital One Financial has an average rating of “Moderate Buy” and an average target price of $257.52.
Read Our Latest Research Report on COF
Institutional Trading of Capital One Financial
Hedge funds and other institutional investors have recently made changes to their positions in the business. Evolution Wealth Management Inc. raised its holdings in shares of Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 90 shares in the last quarter. VSM Wealth Advisory LLC purchased a new position in shares of Capital One Financial in the fourth quarter worth approximately $27,000. Cherry Tree Wealth Management LLC increased its position in shares of Capital One Financial by 1,312.5% in the fourth 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 in the last quarter. Strive Asset Management LLC purchased a new position in shares of Capital One Financial in the third quarter worth approximately $28,000. Finally, Frazier Financial Advisors LLC purchased a new position in shares of Capital One Financial in the first quarter worth approximately $29,000. 89.84% of the stock is currently owned by institutional investors.
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.
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