Capital One Financial Corporation (NYSE:COF) General Counsel Matthew Cooper sold 3,500 shares of Capital One Financial stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $208.00, for a total transaction of $728,000.00. Following the sale, the general counsel owned 90,194 shares of the company's stock, valued at approximately $18,760,352. The trade was a 3.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Capital One Financial Stock Down 5.5%
Shares of COF opened at $191.71 on Thursday. Capital One Financial Corporation has a 52 week low of $174.24 and a 52 week high of $259.64. The company has a market capitalization of $119.30 billion, a price-to-earnings ratio of 67.26, a PEG ratio of 0.73 and a beta of 1.02. The stock's 50-day moving average price is $191.49 and its 200-day moving average price is $203.73. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46.
Capital One Financial (NYSE:COF - Get Free Report) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing the consensus estimate of $5.08 by ($0.66). The firm had revenue of $15.23 billion for the quarter, compared to analysts' expectations of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. Capital One Financial's revenue for the quarter was up 52.3% compared to the same quarter last year. During the same period last year, the firm earned $4.06 earnings per share. On average, sell-side analysts predict that Capital One Financial Corporation will post 19.53 EPS for the current year.
Capital One Financial Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were paid a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. Capital One Financial's dividend payout ratio (DPR) is currently 112.28%.
Capital One Financial News Summary
Here are the key news stories impacting Capital One Financial this week:
- Positive Sentiment: Analysts remained supportive, with TD Cowen and UBS reiterating buy ratings and setting price targets of $253 and $275, respectively, suggesting meaningful upside from current levels.
- Positive Sentiment: The Discover deal continues to be viewed as strategically important because it could deepen Capital One’s payments footprint and reduce reliance on third-party networks.
- Neutral Sentiment: Capital One General Counsel Matthew W. Cooper sold 3,500 shares under a pre-arranged 10b5-1 plan, a disclosure that may add to the market’s cautious tone but does not by itself signal a major business change. SEC filing
- Neutral Sentiment: The company’s latest quarterly results were mixed, with earnings and revenue both missing estimates, which keeps investors focused on whether near-term performance can improve before the next report on July 21.
- Negative Sentiment: Markets appear concerned about execution risk tied to the Discover integration, especially as card migration and cost synergies become a bigger focus in the weeks ahead.
- Negative Sentiment: Recent insider selling across multiple executives may be reinforcing caution among traders, even though the transactions were disclosed and some were planned in advance.
Analyst Upgrades and Downgrades
COF has been the topic of a number of research reports. Jefferies Financial Group restated a "buy" rating and issued a $300.00 price objective on shares of Capital One Financial in a report on Monday, March 16th. Rothschild & Co Redburn dropped their price target on shares of Capital One Financial from $290.00 to $275.00 and set a "buy" rating for the company in a research note on Wednesday, April 29th. The Goldman Sachs Group reduced their target price on Capital One Financial from $300.00 to $260.00 and set a "buy" rating on the stock in a research report on Tuesday, April 7th. Weiss Ratings reiterated a "hold (c)" rating on shares of Capital One Financial in a report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Capital One Financial from $213.00 to $215.00 and gave the company an "overweight" rating in a research note on Wednesday, April 22nd. Eighteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $259.71.
Get Our Latest Report on Capital One Financial
Institutional Investors Weigh In On Capital One Financial
Several large investors have recently bought and sold shares of COF. Evolution Wealth Management Inc. raised its holdings in Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider's stock valued at $26,000 after acquiring an additional 90 shares in the last quarter. VSM Wealth Advisory LLC acquired a new stake in shares of Capital One Financial during the 4th quarter worth about $27,000. Cherry Tree Wealth Management LLC raised its position in shares of Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider's stock worth $27,000 after acquiring an additional 105 shares in the last quarter. Osterweis Capital Management Inc. purchased a new position in Capital One Financial in the fourth quarter valued at approximately $29,000. Finally, CrossGen Wealth LLC purchased a new stake in shares of Capital One Financial during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 89.84% of the company's stock.
Capital One Financial Company Profile
(
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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