Capital One Financial Corp. (NYSE:COF) insider Michael J. Wassmer sold 1,787 shares of Capital One Financial stock in a transaction dated Thursday, June 14th. The shares were sold at an average price of $98.00, for a total value of $175,126.00. Following the completion of the transaction, the insider now owns 84,045 shares in the company, valued at approximately $8,236,410. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of COF stock opened at $95.70 on Thursday. Capital One Financial Corp. has a one year low of $76.98 and a one year high of $106.50. The company has a market capitalization of $46.86 billion, a P/E ratio of 12.28, a P/E/G ratio of 0.90 and a beta of 1.31. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.02.
Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, April 24th. The financial services provider reported $2.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.34 by $0.31. Capital One Financial had a return on equity of 9.23% and a net margin of 8.38%. The business had revenue of $6.90 million for the quarter, compared to analysts’ expectations of $6.93 billion. During the same period in the prior year, the business posted $1.75 earnings per share. The firm’s revenue was up 5.7% on a year-over-year basis. sell-side analysts anticipate that Capital One Financial Corp. will post 10.08 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, May 24th. Investors of record on Monday, May 14th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend was Friday, May 11th. Capital One Financial’s payout ratio is presently 20.54%.
A number of hedge funds have recently made changes to their positions in the stock. Altium Wealth Management LLC bought a new stake in Capital One Financial in the first quarter valued at approximately $202,000. Chesapeake Wealth Management bought a new stake in Capital One Financial in the first quarter valued at approximately $274,000. Suntrust Banks Inc. boosted its holdings in Capital One Financial by 12.6% in the first quarter. Suntrust Banks Inc. now owns 417,480 shares of the financial services provider’s stock valued at $40,002,000 after acquiring an additional 46,695 shares during the last quarter. BDO Wealth Advisors LLC boosted its holdings in Capital One Financial by 7.4% in the first quarter. BDO Wealth Advisors LLC now owns 9,571 shares of the financial services provider’s stock valued at $917,000 after acquiring an additional 663 shares during the last quarter. Finally, NBT Bank N A NY bought a new stake in Capital One Financial in the first quarter valued at approximately $205,000. Institutional investors and hedge funds own 88.72% of the company’s stock.
A number of research firms have issued reports on COF. Citigroup decreased their target price on Capital One Financial from $115.00 to $110.00 and set a “buy” rating on the stock in a research report on Monday. Oppenheimer reiterated a “hold” rating on shares of Capital One Financial in a research report on Tuesday, April 24th. Robert W. Baird reiterated a “hold” rating on shares of Capital One Financial in a research report on Wednesday, April 25th. Morgan Stanley decreased their target price on Capital One Financial from $111.00 to $104.00 and set an “equal weight” rating on the stock in a research report on Monday, April 30th. Finally, BMO Capital Markets decreased their target price on Capital One Financial from $140.00 to $133.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 25th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $108.29.
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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