Richard D. Fairbank Sells 12,538 Shares of Capital One Financial Co. (NYSE:COF) Stock

Capital One Financial Co. (NYSE:COF) CEO Richard D. Fairbank sold 12,538 shares of the business’s stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $108.36, for a total transaction of $1,358,617.68. Following the completion of the sale, the chief executive officer now directly owns 3,758,863 shares of the company’s stock, valued at $407,310,394.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Capital One Financial Trading Up 0.0 %

Shares of COF opened at $106.33 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.10. The firm’s 50-day moving average is $111.05 and its two-hundred day moving average is $127.71. Capital One Financial Co. has a twelve month low of $98.54 and a twelve month high of $177.95. The firm has a market capitalization of $40.81 billion, a P/E ratio of 4.67, a PEG ratio of 0.32 and a beta of 1.44.

Capital One Financial (NYSE:COFGet Rating) last released its quarterly earnings results on Thursday, July 21st. The financial services provider reported $4.96 EPS for the quarter, missing the consensus estimate of $5.11 by ($0.15). Capital One Financial had a net margin of 29.23% and a return on equity of 17.07%. During the same quarter last year, the business earned $7.71 earnings per share. On average, research analysts predict that Capital One Financial Co. will post 20.08 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 19th. Stockholders of record on Monday, August 8th will be given a $0.60 dividend. The ex-dividend date of this dividend is Friday, August 5th. This represents a $2.40 annualized dividend and a dividend yield of 2.26%. Capital One Financial’s dividend payout ratio is presently 10.54%.

Institutional Trading of Capital One Financial

A number of hedge funds have recently bought and sold shares of COF. Norges Bank acquired a new stake in Capital One Financial during the fourth quarter worth approximately $528,618,000. First Trust Advisors LP boosted its position in Capital One Financial by 603.3% during the first quarter. First Trust Advisors LP now owns 1,731,554 shares of the financial services provider’s stock worth $227,336,000 after acquiring an additional 1,485,339 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Capital One Financial by 79.5% during the first quarter. Robeco Institutional Asset Management B.V. now owns 2,515,833 shares of the financial services provider’s stock worth $330,303,000 after acquiring an additional 1,114,456 shares during the last quarter. Fisher Asset Management LLC boosted its position in Capital One Financial by 18.9% during the first quarter. Fisher Asset Management LLC now owns 6,941,839 shares of the financial services provider’s stock worth $911,394,000 after acquiring an additional 1,105,809 shares during the last quarter. Finally, Marshall Wace LLP boosted its position in Capital One Financial by 707.1% during the fourth quarter. Marshall Wace LLP now owns 1,109,779 shares of the financial services provider’s stock worth $161,019,000 after acquiring an additional 972,274 shares during the last quarter. Institutional investors and hedge funds own 89.31% of the company’s stock.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of research reports. Keefe, Bruyette & Woods reduced their price target on shares of Capital One Financial from $200.00 to $171.00 in a research report on Monday, July 11th. Robert W. Baird raised shares of Capital One Financial from a “neutral” rating to an “outperform” rating and set a $145.00 target price for the company in a report on Friday, June 17th. Morgan Stanley reduced their target price on shares of Capital One Financial from $126.00 to $121.00 and set an “equal weight” rating for the company in a report on Friday, July 22nd. Wolfe Research cut shares of Capital One Financial from a “peer perform” rating to an “underperform” rating and set a $86.00 target price for the company. in a report on Thursday, May 12th. Finally, Oppenheimer cut shares of Capital One Financial from an “outperform” rating to a “market perform” rating in a report on Tuesday, July 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.93.

Capital One Financial Company Profile

(Get Rating)

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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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