Key Points
- General Counsel Matthew Cooper sold 2,000 shares on December 2 at an average price of $221.54 for $443,080, trimming his holding by 2.07% to 94,486 shares (worth about $20.93M).
- Dividend raised to $0.80 quarterly (from $0.60), an annualized $3.20 yield of ~1.4% with an ex-dividend date of Nov. 17 and a reported payout ratio of 135.02%.
- Analyst sentiment is generally positive: COF opened at $227.09, has a $144.37B market cap and a P/E of 95.82, and carries a consensus "Moderate Buy" rating with an average price target of $261.63.
Capital One Financial Corporation (NYSE:COF) General Counsel Matthew Cooper sold 2,000 shares of Capital One Financial stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $221.54, for a total value of $443,080.00. Following the completion of the sale, the general counsel directly owned 94,486 shares of the company's stock, valued at $20,932,428.44. The trade was a 2.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Capital One Financial Stock Up 1.4%
COF stock opened at $227.09 on Thursday. The company has a market cap of $144.37 billion, a price-to-earnings ratio of 95.82, a P/E/G ratio of 0.52 and a beta of 1.16. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. The business's 50-day moving average is $215.53 and its two-hundred day moving average is $212.94. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%.The business had revenue of $15.46 billion during the quarter. As a group, analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.
Capital One Financial Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a dividend of $0.80 per share. This is an increase from Capital One Financial's previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, November 17th. Capital One Financial's dividend payout ratio is currently 135.02%.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on COF. JPMorgan Chase & Co. lifted their price target on shares of Capital One Financial from $235.00 to $237.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 22nd. Citigroup lifted their target price on Capital One Financial from $275.00 to $290.00 and gave the company a "buy" rating in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their price target on Capital One Financial from $224.00 to $240.00 and gave the company a "hold" rating in a report on Wednesday, October 22nd. Robert W. Baird raised their price objective on Capital One Financial from $245.00 to $270.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 22nd. Finally, Wall Street Zen raised Capital One Financial from a "hold" rating to a "buy" rating in a research report on Friday, September 26th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $261.63.
View Our Latest Stock Report on Capital One Financial
Institutional Investors Weigh In On Capital One Financial
A number of institutional investors and hedge funds have recently bought and sold shares of COF. WPG Advisers LLC bought a new position in Capital One Financial in the 1st quarter worth approximately $25,000. Moisand Fitzgerald Tamayo LLC raised its position in shares of Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock valued at $26,000 after buying an additional 62 shares during the last quarter. Olistico Wealth LLC lifted its holdings in shares of Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock worth $26,000 after buying an additional 101 shares in the last quarter. Saudi Central Bank purchased a new position in shares of Capital One Financial in the first quarter worth $27,000. Finally, RMG Wealth Management LLC bought a new position in shares of Capital One Financial during the second quarter worth $27,000. 89.84% of the stock is owned by institutional investors.
Capital One Financial Company Profile
(
Get Free Report)
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.
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