Capital One Financial Corporation (NYSE:COF – Get Free Report) CEO Richard Fairbank sold 90,743 shares of the business’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $204.86, for a total transaction of $18,589,610.98. Following the completion of the sale, the chief executive officer directly owned 3,968,520 shares in the company, valued at approximately $812,991,007.20. This represents a 2.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Capital One Financial Stock Performance
Shares of COF opened at $202.03 on Monday. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The firm has a fifty day simple moving average of $203.60 and a 200 day simple moving average of $200.92. The stock has a market capitalization of $121.53 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 0.92 and a beta of 1.10. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.45.
Capital One Financial (NYSE:COF – Get Free Report) last released its earnings results on Tuesday, October 20th. The financial services provider reported $6.69 earnings per share for the quarter, beating analysts’ consensus estimates of $5.53 by $1.16. Capital One Financial had a net margin of 13.70% and a return on equity of 11.64%. The business had revenue of $16.31 billion during the quarter, compared to the consensus estimate of $16.25 billion. During the same quarter last year, the firm earned $5.95 earnings per share. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. Research analysts forecast that Capital One Financial Corporation will post 21.53 EPS for the current fiscal year.
Capital One Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be issued a $0.80 dividend. The ex-dividend date is Monday, November 16th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.89%.
Institutional Trading of Capital One Financial
Large investors have recently added to or reduced their stakes in the company. Compass Wealth Management LLC acquired a new position in Capital One Financial during the 3rd quarter worth about $25,000. Solstein Capital LLC acquired a new stake in shares of Capital One Financial in the second quarter valued at about $26,000. Torren Management LLC increased its stake in shares of Capital One Financial by 114.8% in the third quarter. Torren Management LLC now owns 131 shares of the financial services provider’s stock valued at $25,000 after buying an additional 70 shares during the period. Gilpin Wealth Management LLC acquired a new stake in shares of Capital One Financial in the third quarter valued at about $27,000. Finally, Ballast Advisors LLC bought a new position in shares of Capital One Financial during the first quarter worth about $27,000. Institutional investors and hedge funds own 89.84% of the company’s stock.
Analysts Set New Price Targets
COF has been the topic of a number of recent research reports. HSBC raised Capital One Financial from a “hold” rating to a “buy” rating and lifted their target price for the company from $226.00 to $229.00 in a research report on Sunday, July 12th. Morgan Stanley reduced their price target on Capital One Financial from $273.00 to $267.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. TD Cowen raised their price target on Capital One Financial from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Capital One Financial in a research note on Thursday, August 20th. Finally, Barclays boosted their price target on Capital One Financial from $237.00 to $238.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 21st. Twenty investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $256.50.
Read Our Latest Report on Capital One Financial
Capital One Financial Company Profile
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