Key Points
- Capital One Financial General Counsel Matthew Cooper sold 3,500 shares on May 12 at an average price of $183.93, totaling about $643,755. The sale reduced his holdings by 3.48% and was made under a pre-arranged Rule 10b5-1 trading plan.
- The company recently reported quarterly earnings of $4.42 per share, missing analyst estimates of $5.08, while revenue came in at $15.23 billion versus expectations of $15.68 billion. Revenue was still up 52.3% year over year, and analysts currently expect full-year EPS of 19.17.
- Capital One announced a quarterly dividend of $0.80 per share, payable June 1 to shareholders of record on May 19. That works out to an annualized dividend of $3.20 and a yield of about 1.7%.
Capital One Financial Corporation (NYSE:COF) General Counsel Matthew Cooper sold 3,500 shares of the firm's stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $183.93, for a total transaction of $643,755.00. Following the transaction, the general counsel owned 97,194 shares of the company's stock, 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 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 $185.62 on Friday. Capital One Financial Corporation has a 12-month low of $174.98 and a 12-month high of $259.64. The stock has a market cap of $115.51 billion, a P/E ratio of 65.13, a PEG ratio of 0.66 and a beta of 1.05. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average of $188.58 and a two-hundred day moving average of $211.84.
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 the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.68 billion. During the same quarter in the prior year, the company earned $4.06 earnings per share. The firm's revenue for the quarter was up 52.3% compared to the same quarter last year. As a group, research analysts predict that Capital One Financial Corporation will post 19.17 EPS for the current fiscal year.
Capital One Financial Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $3.20 annualized dividend and a yield of 1.7%. Capital One Financial's dividend payout ratio (DPR) is presently 112.28%.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on COF shares. TD Cowen reduced their price objective on Capital One Financial from $290.00 to $260.00 and set a "buy" rating on the stock in a research report on Tuesday, March 31st. Evercore dropped their price objective on Capital One Financial from $265.00 to $222.00 and set an "outperform" rating for the company in a research report on Monday, April 6th. The Goldman Sachs Group cut their target price on shares of Capital One Financial from $300.00 to $260.00 and set a "buy" rating for the company in a research note on Tuesday, April 7th. HSBC reduced their target price on shares of Capital One Financial from $234.00 to $226.00 and set a "hold" rating on the stock in a report on Tuesday, January 20th. Finally, Wolfe Research lowered their price target on shares of Capital One Financial from $294.00 to $280.00 and set an "outperform" rating for the company in a report on Friday, January 23rd. Eighteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Capital One Financial presently has a consensus rating of "Moderate Buy" and an average target price of $257.52.
Get Our Latest Report on COF
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Tompkins Financial Corp grew its holdings in Capital One Financial by 4.3% in the fourth quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider's stock valued at $237,000 after purchasing an additional 40 shares during the period. Focus Financial Network Inc. raised its stake in Capital One Financial by 2.8% during the fourth quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider's stock worth $380,000 after purchasing an additional 43 shares during the period. First Command Advisory Services Inc. boosted its holdings in shares of Capital One Financial by 4.5% in the 4th quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider's stock valued at $259,000 after purchasing an additional 46 shares during the last quarter. Stephens Consulting LLC grew its stake in shares of Capital One Financial by 10.3% during the 4th quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider's stock valued at $122,000 after buying an additional 47 shares during the period. Finally, Dogwood Wealth Management LLC grew its stake in shares of Capital One Financial by 26.0% during the 4th quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider's stock valued at $55,000 after buying an additional 47 shares during the period. 89.84% of the stock is currently owned by hedge funds and other institutional investors.
About Capital One Financial
(
Get Free Report)
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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