Capital One Financial Co. (NYSE:COF) Director Ann F. Hackett Sells 1,658 Shares

Capital One Financial Co. (NYSE:COF) Director Ann F. Hackett sold 1,658 shares of the business’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $198.70, for a total transaction of $329,444.60. Following the transaction, the director now owns 56,244 shares of the company’s stock, valued at $11,175,682.80. This trade represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Capital One Financial Stock Performance

Capital One Financial stock opened at $197.54 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $75.68 billion, a PE ratio of 17.04, a P/E/G ratio of 1.19 and a beta of 1.13. The firm has a fifty day simple moving average of $175.69 and a two-hundred day simple moving average of $183.67. Capital One Financial Co. has a twelve month low of $128.23 and a twelve month high of $210.67.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.31. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.07 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. Research analysts expect that Capital One Financial Co. will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend is Friday, May 23rd. Capital One Financial’s dividend payout ratio (DPR) is 20.15%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Wells Fargo & Company boosted their price target on shares of Capital One Financial from $210.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, April 24th. Baird R W raised shares of Capital One Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 11th. Argus raised shares of Capital One Financial to a “strong-buy” rating in a report on Thursday, January 23rd. Bank of America raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $207.00 to $235.00 in a report on Wednesday, February 19th. Finally, BTIG Research raised shares of Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price objective for the company in a report on Tuesday, March 25th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and a consensus price target of $207.73.

Hedge Funds Weigh In On Capital One Financial

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Capital One Financial by 1.6% during the first quarter. Vanguard Group Inc. now owns 32,250,923 shares of the financial services provider’s stock valued at $5,782,590,000 after acquiring an additional 506,105 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Capital One Financial by 3.2% during the fourth quarter. Franklin Resources Inc. now owns 10,718,860 shares of the financial services provider’s stock valued at $1,911,387,000 after acquiring an additional 331,595 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Capital One Financial by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider’s stock valued at $1,467,393,000 after acquiring an additional 207,427 shares during the last quarter. FMR LLC raised its stake in shares of Capital One Financial by 21.6% during the fourth quarter. FMR LLC now owns 8,077,886 shares of the financial services provider’s stock valued at $1,440,449,000 after acquiring an additional 1,436,935 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Capital One Financial by 23.7% during the first quarter. Bank of New York Mellon Corp now owns 4,961,063 shares of the financial services provider’s stock valued at $889,519,000 after acquiring an additional 950,415 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

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.