Capital One Financial (NYSE:COF) General Counsel Matthew Cooper Sells 2,000 Shares

Capital One Financial Corporation (NYSE:COF) General Counsel Matthew Cooper sold 2,000 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $211.99, for a total value of $423,980.00. Following the transaction, the general counsel directly owned 98,486 shares of the company’s stock, valued at $20,878,047.14. The trade was a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Capital One Financial Price Performance

COF stock opened at $214.39 on Friday. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45. The stock’s fifty day simple moving average is $219.30 and its 200-day simple moving average is $200.97. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $137.10 billion, a price-to-earnings ratio of 109.94, a price-to-earnings-growth ratio of 0.81 and a beta of 1.18.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. During the same quarter last year, the business earned $3.14 EPS. Capital One Financial’s revenue for the quarter was up 31.4% compared to the same quarter last year. Equities research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, August 15th. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. Capital One Financial’s dividend payout ratio (DPR) is 123.08%.

Wall Street Analysts Forecast Growth

COF has been the topic of several analyst reports. Truist Financial raised their price objective on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Keefe, Bruyette & Woods boosted their price objective on Capital One Financial from $248.00 to $260.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on Capital One Financial from $215.00 to $224.00 and gave the stock a “hold” rating in a research note on Thursday. Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Finally, Royal Bank Of Canada boosted their price objective on Capital One Financial from $240.00 to $255.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $249.06.

Institutional Trading of Capital One Financial

Hedge funds and other institutional investors have recently modified their holdings of the business. Eagle Bay Advisors LLC boosted its position in shares of Capital One Financial by 3.6% during the second quarter. Eagle Bay Advisors LLC now owns 1,407 shares of the financial services provider’s stock worth $299,000 after buying an additional 49 shares during the period. Cantor Fitzgerald Investment Advisors L.P. lifted its position in Capital One Financial by 0.3% in the second quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 16,603 shares of the financial services provider’s stock worth $3,532,000 after purchasing an additional 50 shares during the period. Atlantic Edge Private Wealth Management LLC lifted its position in Capital One Financial by 66.7% in the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 50 shares during the period. Culbertson A N & Co. Inc. lifted its position in Capital One Financial by 0.4% in the second quarter. Culbertson A N & Co. Inc. now owns 11,365 shares of the financial services provider’s stock worth $2,418,000 after purchasing an additional 50 shares during the period. Finally, TFB Advisors LLC lifted its position in Capital One Financial by 3.4% in the first quarter. TFB Advisors LLC now owns 1,539 shares of the financial services provider’s stock worth $276,000 after purchasing an additional 51 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

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.