Capital One Financial Co. (NYSE:COF) CEO Richard D. Fairbank sold 3,891 shares of the company’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $112.33, for a total transaction of $437,076.03. Following the sale, the chief executive officer now owns 3,848,406 shares of the company’s stock, valued at approximately $432,291,445.98. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Capital One Financial Price Performance
Shares of NYSE COF opened at $114.59 on Wednesday. The stock has a market capitalization of $43.71 billion, a price-to-earnings ratio of 8.77, a PEG ratio of 2.17 and a beta of 1.46. The business has a 50-day moving average of $111.49 and a 200-day moving average of $104.78. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.99 and a quick ratio of 0.99. Capital One Financial Co. has a fifty-two week low of $83.93 and a fifty-two week high of $123.09.
Capital One Financial (NYSE:COF – Get Free Report) last announced its quarterly earnings data on Thursday, July 20th. The financial services provider reported $3.52 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.21. The company had revenue of $9.01 billion during the quarter, compared to analysts’ expectations of $9.13 billion. Capital One Financial had a return on equity of 9.72% and a net margin of 11.94%. Capital One Financial’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the company earned $4.96 EPS. As a group, sell-side analysts predict that Capital One Financial Co. will post 11.75 earnings per share for the current fiscal year.
Capital One Financial Dividend Announcement
Hedge Funds Weigh In On Capital One Financial
Several hedge funds have recently modified their holdings of COF. Geneos Wealth Management Inc. lifted its stake in Capital One Financial by 19.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 56,988 shares of the financial services provider’s stock valued at $6,233,000 after purchasing an additional 9,384 shares during the last quarter. Kestra Private Wealth Services LLC lifted its stake in Capital One Financial by 5.5% in the 2nd quarter. Kestra Private Wealth Services LLC now owns 5,752 shares of the financial services provider’s stock valued at $629,000 after purchasing an additional 299 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in Capital One Financial by 8.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,100 shares of the financial services provider’s stock valued at $448,000 after purchasing an additional 331 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new stake in Capital One Financial in the 2nd quarter valued at about $392,000. Finally, Concord Wealth Partners lifted its stake in Capital One Financial by 77.7% in the 2nd quarter. Concord Wealth Partners now owns 4,145 shares of the financial services provider’s stock valued at $453,000 after purchasing an additional 1,813 shares during the last quarter. Institutional investors own 88.73% of the company’s stock.
Analyst Upgrades and Downgrades
COF has been the topic of several research analyst reports. Wells Fargo & Company raised their price objective on Capital One Financial from $110.00 to $127.00 and gave the stock an “overweight” rating in a research note on Friday, July 21st. Barclays dropped their price objective on Capital One Financial from $119.00 to $114.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 12th. Piper Sandler raised their price objective on Capital One Financial from $112.00 to $115.00 and gave the stock a “neutral” rating in a research note on Friday, July 21st. Citigroup raised their price objective on Capital One Financial from $124.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, July 21st. Finally, Stephens raised their price objective on Capital One Financial from $80.00 to $87.00 in a research note on Friday, July 21st. Three analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $109.09.
Check Out Our Latest Stock Analysis on COF
Capital One Financial Company Profile
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.
Featured Articles
- Five stocks we like better than Capital One Financial
- How to Invest in Canada for Beginners
- 5 Best Fintech Stocks to Buy Now
- How to Invest in Growth Stocks
- UPS Slipping To More Attractive Levels On Weak Outlook
- Insider Selling Explained: Can it Inform Your Investing Choices?
- More Good News Coming? GoodRx Spikes Ahead of Q2 Earnings
Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.
