Key Points
- Capital One’s general counsel sold $686,770 in stock: Matthew Cooper sold 3,500 shares at an average price of $196.22, reducing his position by 4.21% to 79,694 shares. The transaction occurred under a pre-arranged Rule 10b5-1 trading plan.
- Recent financial results exceeded expectations: Capital One reported quarterly earnings of $5.81 per share, beating estimates by $1.02, while revenue rose 26.9% year over year to $15.83 billion.
- Analysts remain broadly positive: Twenty analysts rate COF a Buy and four rate it a Hold, producing a consensus “Moderate Buy” rating and an average price target of $257.77. The company also pays a quarterly dividend of $0.80 per share, yielding approximately 1.6%.
Capital One Financial Corporation (NYSE:COF) General Counsel Matthew Cooper sold 3,500 shares of the stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $196.22, for a total transaction of $686,770.00. Following the completion of the transaction, the general counsel owned 79,694 shares in the company, valued at $15,637,556.68. This trade represents a 4.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Capital One Financial Stock Performance
COF opened at $195.89 on Thursday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. The company has a market cap of $120.17 billion, a price-to-earnings ratio of 12.12, a PEG ratio of 0.72 and a beta of 1.04. The company's 50 day moving average is $210.58 and its 200 day moving average is $199.53. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64.
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, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. During the same period in the previous year, the business posted $5.48 earnings per share. The firm's quarterly revenue was up 26.9% compared to the same quarter last year. On average, equities research analysts predict that Capital One Financial Corporation will post 20.32 EPS for the current year.
Capital One Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.6%. Capital One Financial's payout ratio is presently 19.80%.
Wall Street Analysts Forecast Growth
COF has been the topic of a number of recent research reports. Barclays decreased their target price on Capital One Financial from $240.00 to $237.00 and set an "overweight" rating on the stock in a report on Monday. Bank of America cut their price target on Capital One Financial from $234.00 to $231.00 and set a "buy" rating for the company in a report on Thursday, July 9th. UBS Group upped their price target on Capital One Financial from $275.00 to $280.00 and gave the stock a "buy" rating in a research report on Monday, August 3rd. Wall Street Zen cut Capital One Financial from a "buy" rating to a "hold" rating in a research report on Sunday, August 2nd. Finally, Citigroup cut their price objective on Capital One Financial from $295.00 to $280.00 and set a "buy" rating for the company in a research note on Tuesday, September 29th. Twenty analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Capital One Financial has a consensus rating of "Moderate Buy" and an average price target of $257.77.
Read Our Latest Report on COF
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Solstein Capital LLC bought a new stake in Capital One Financial during the second quarter valued at about $26,000. Purpose Unlimited Inc. bought a new position in shares of Capital One Financial in the fourth quarter worth about $33,000. Ballast Advisors LLC purchased a new stake in shares of Capital One Financial during the first quarter worth about $27,000. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of Capital One Financial during the second quarter worth about $31,000. Finally, Frazier Financial Advisors LLC purchased a new stake in shares of Capital One Financial during the first quarter worth about $29,000. Hedge funds and other institutional investors own 89.84% of the company's stock.
Key Capital One Financial News
Here are the key news stories impacting Capital One Financial this week:
- Positive Sentiment: TD Cowen maintains a “buy” rating: The firm lowered its price target to $242 from $253 but still sees substantial potential upside from recent levels. The continued buy rating provides support ahead of Capital One’s third-quarter results. Capital One Financial Price Target Cut to $242.00 by Analysts at TD Cowen
- Positive Sentiment: Capital One ranks highly for banking artificial intelligence adoption: Capital One placed second in the Evident AI banking index, suggesting the company is advancing its use of artificial intelligence and could gain efficiency or competitive advantages as adoption accelerates across the industry. JPMorgan tops Evident AI banking index for fifth straight year
- Neutral Sentiment: The Discover transaction remains a valuation catalyst: Commentary suggests the acquisition could materially reprice COF shares, but the ultimate effect depends on integration, financing, regulatory developments and the deal’s impact on earnings. Capital One: The Discover Deal Could Reprice The Stock
- Negative Sentiment: Money-laundering compliance remains a regulatory risk: Capital One previously paid $390 million over alleged failures to identify suspicious transactions. The article highlights the broader risk that banks may face legal or regulatory consequences both for missing suspicious activity and for closing accounts after detecting it, potentially increasing compliance costs and litigation exposure. Banks Got Punished for Missing Money Laundering. Now They Get Punished for Catching It
- Negative Sentiment: General Counsel Matthew Cooper sold shares: Cooper sold 3,500 shares worth approximately $686,770, reducing his holdings by 4.21%. However, the transaction was executed under a pre-arranged Rule 10b5-1 plan, which makes it a weaker bearish signal than a discretionary sale. SEC insider transaction filing
About Capital One Financial
(
Get Free Report)
Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.
Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.
Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.
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