Key Points
- Capital One Chief Accounting Officer Timothy Golden sold 3,487 shares at an average price of $211, generating $735,757. The sale reduced his direct ownership by 31.94% to 7,429 shares.
- Capital One reported quarterly EPS of $5.81, exceeding estimates of $4.79, while revenue rose 26.9% year over year to $15.83 billion.
- The company declared a quarterly dividend of $0.80 per share, equal to a $3.20 annualized payout and a 1.5% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $259.14.
Capital One Financial Corporation (NYSE:COF) CAO Timothy Golden sold 3,487 shares of Capital One Financial stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total value of $735,757.00. Following the completion of the sale, the chief accounting officer directly owned 7,429 shares of the company's stock, valued at $1,567,519. The trade was a 31.94% 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 0.7%
Capital One Financial stock opened at $210.18 on Friday. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The stock has a fifty day moving average of $197.29 and a 200 day moving average of $198.95. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $128.94 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 0.77 and a beta of 1.02.
Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.79 by $1.02. The business had revenue of $15.83 billion for the quarter, compared to analysts' expectations of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The business's revenue for the quarter was up 26.9% on a year-over-year basis. During the same period last year, the firm posted $5.48 earnings per share. As a group, sell-side analysts predict that Capital One Financial Corporation will post 20.19 EPS for the current year.
Capital One Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, August 17th. Capital One Financial's dividend payout ratio is 19.80%.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on COF shares. UBS Group boosted their target price on shares of Capital One Financial from $270.00 to $275.00 and gave the company a "buy" rating in a research report on Tuesday, July 7th. Evercore dropped their price target on shares of Capital One Financial from $265.00 to $222.00 and set an "outperform" rating on the stock in a research note on Monday, April 6th. Wells Fargo & Company cut their price objective on shares of Capital One Financial from $280.00 to $260.00 and set an "overweight" rating for the company in a research report on Thursday, April 9th. Rothschild & Co Redburn reduced their price objective on 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. Finally, Truist Financial reduced their price objective on Capital One Financial from $275.00 to $255.00 and set a "buy" rating for the company in a research note on Thursday, April 23rd. Twenty analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Capital One Financial has an average rating of "Moderate Buy" and an average price target of $259.14.
View Our Latest Research Report on Capital One Financial
Institutional Investors Weigh In On Capital One Financial
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. increased its stake in shares of 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 worth $26,000 after purchasing an additional 90 shares in the last quarter. VSM Wealth Advisory LLC bought a new position in Capital One Financial in the 4th quarter worth $27,000. Cherry Tree Wealth Management LLC boosted its holdings in Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider's stock worth $27,000 after buying an additional 105 shares during the period. Osterweis Capital Management Inc. purchased a new stake in Capital One Financial in the 4th quarter worth $29,000. Finally, CrossGen Wealth LLC purchased a new stake in Capital One Financial in the 4th quarter worth $30,000. 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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