Matthew Cooper Sells 2,000 Shares of Capital One Financial (NYSE:COF) Stock

Capital One Financial Corporation (NYSE:COF) General Counsel Matthew Cooper sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $219.41, for a total value of $438,820.00. Following the transaction, the general counsel directly owned 96,486 shares of the company’s stock, valued at approximately $21,169,993.26. This trade represents a 2.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Capital One Financial Trading Up 0.4%

Capital One Financial stock opened at $217.83 on Friday. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $232.45. The company has a market capitalization of $139.31 billion, a price-to-earnings ratio of 91.91, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19. The business’s fifty day simple moving average is $219.28 and its two-hundred day simple moving average is $209.43. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The firm had revenue of $15.46 billion during the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. As a group, equities analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 17th will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.5%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend is Monday, November 17th. Capital One Financial’s dividend payout ratio is presently 101.27%.

Institutional Investors Weigh In On Capital One Financial

Hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in Capital One Financial by 330.1% during the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after acquiring an additional 10,428 shares during the last quarter. Mutual Advisors LLC purchased a new position in Capital One Financial in the first quarter worth about $215,000. OneDigital Investment Advisors LLC grew its stake in shares of Capital One Financial by 39.5% during the 1st quarter. OneDigital Investment Advisors LLC now owns 4,287 shares of the financial services provider’s stock valued at $769,000 after purchasing an additional 1,213 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Capital One Financial by 10.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 677,389 shares of the financial services provider’s stock valued at $121,456,000 after purchasing an additional 61,444 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its position in shares of Capital One Financial by 13.3% during the 1st quarter. TD Private Client Wealth LLC now owns 1,521 shares of the financial services provider’s stock valued at $273,000 after purchasing an additional 178 shares during the last quarter. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. The Goldman Sachs Group upped their target price on shares of Capital One Financial from $266.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Morgan Stanley boosted their price objective on shares of Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. JPMorgan Chase & Co. increased their target price on Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Zacks Research raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Friday, October 24th. Finally, Wells Fargo & Company boosted their price target on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Capital One Financial Company Profile

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.