Capital One Financial (NYSE:COF) General Counsel Matthew Cooper Sells 2,000 Shares

Key Points

• Capital One Financial's General Counsel, Matthew Cooper, sold 2,000 shares at an average price of $211.99, resulting in a decrease of 1.99% in his ownership.
• The company recently declared a quarterly dividend of $0.60 per share, with a notable dividend payout ratio of 123.08%.
• Capital One Financial's stock has a consensus rating of "Moderate Buy" among analysts, with a target price averaging $249.06.

Capital One Financial Corporation (NYSE:COF) General Counsel Matthew Cooper sold 2,000 shares of the firm's stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total value of $423,980.00. Following the transaction, the general counsel directly owned 98,486 shares in the company, valued at $20,878,047.14. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Capital One Financial Trading Up 0.3%

Shares of NYSE:COF traded up $0.61 during midday trading on Friday, reaching $214.39. The company had a trading volume of 2,499,434 shares, compared to its average volume of 4,244,882. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $232.45. The firm has a market cap of $137.10 billion, a price-to-earnings ratio of 109.94, a price-to-earnings-growth ratio of 0.81 and a beta of 1.18. The company has a fifty day simple moving average of $219.26 and a two-hundred day simple moving average of $200.65.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, topping analysts' consensus estimates of $1.93 by $3.55. The business had revenue of $12.49 billion for the quarter, compared to analyst estimates of $12.72 billion. During the same quarter in the previous year, the business posted $3.14 earnings per share. The company's revenue was up 31.4% compared to the same quarter last year. Research analysts predict that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 15th. Capital One Financial's dividend payout ratio (DPR) is presently 123.08%.

Wall Street Analysts Forecast Growth

COF has been the subject of several research analyst reports. Keefe, Bruyette & Woods lifted their price objective on Capital One Financial from $248.00 to $260.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. Citigroup upped their price objective on Capital One Financial from $250.00 to $275.00 and gave the company a "buy" rating in a report on Thursday, July 24th. The Goldman Sachs Group decreased their target price on Capital One Financial from $276.00 to $266.00 and set a "buy" rating for the company in a research note on Friday. Evercore ISI lifted their target price on Capital One Financial from $240.00 to $255.00 and gave the company an "outperform" rating in a research report on Tuesday. Finally, Robert W. Baird boosted their target price on Capital One Financial from $240.00 to $245.00 and gave the company an "outperform" rating in a research note on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, Capital One Financial presently has a consensus rating of "Moderate Buy" and a consensus price target of $249.06.

Institutional Investors Weigh In On Capital One Financial

Several hedge funds have recently modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Capital One Financial by 330.1% in the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock valued at $2,423,000 after purchasing an additional 10,428 shares during the period. NBC Securities Inc. bought a new stake in Capital One Financial in the 1st quarter valued at about $142,000. Merit Financial Group LLC increased its position in Capital One Financial by 56.1% in the 1st quarter. Merit Financial Group LLC now owns 6,142 shares of the financial services provider's stock valued at $1,101,000 after buying an additional 2,207 shares in the last quarter. Armstrong Fleming & Moore Inc bought a new stake in Capital One Financial in the 1st quarter valued at about $3,146,000. Finally, Curat Global LLC bought a new stake in Capital One Financial in the 1st quarter valued at about $409,000. Institutional investors and hedge funds own 89.84% of the company's stock.

About Capital One Financial

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.

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