Capital One Financial Target of Unusually Large Options Trading (NYSE:COF)

Capital One Financial Co. (NYSE:COF) was the recipient of unusually large options trading activity on Friday. Stock investors purchased 39,372 put options on the stock. This represents an increase of 415% compared to the typical volume of 7,646 put options.

Analysts Set New Price Targets

A number of research firms have recently weighed in on COF. Keefe, Bruyette & Woods dropped their price target on shares of Capital One Financial from $200.00 to $171.00 in a research report on Monday, July 11th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Capital One Financial from $192.00 to $170.00 in a research report on Friday, July 22nd. Citigroup lowered their price objective on shares of Capital One Financial from $162.00 to $157.00 and set a “buy” rating for the company in a research report on Monday, July 25th. Morgan Stanley lowered their price objective on shares of Capital One Financial from $126.00 to $121.00 and set an “equal weight” rating for the company in a research report on Friday, July 22nd. Finally, Robert W. Baird upgraded shares of Capital One Financial from a “neutral” rating to an “outperform” rating and set a $145.00 price objective for the company in a research report on Friday, June 17th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $156.93.

Insiders Place Their Bets

In other Capital One Financial news, insider Timothy P. Golden sold 322 shares of the firm’s stock in a transaction that occurred on Monday, August 29th. The shares were sold at an average price of $108.85, for a total transaction of $35,049.70. Following the completion of the sale, the insider now directly owns 11,392 shares in the company, valued at $1,240,019.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Richard D. Fairbank sold 12,538 shares of Capital One Financial stock in a transaction that occurred on Monday, July 25th. The shares were sold at an average price of $108.79, for a total value of $1,364,009.02. Following the completion of the sale, the chief executive officer now directly owns 3,758,863 shares in the company, valued at $408,926,705.77. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Timothy P. Golden sold 322 shares of Capital One Financial stock in a transaction that occurred on Monday, August 29th. The shares were sold at an average price of $108.85, for a total transaction of $35,049.70. Following the completion of the sale, the insider now owns 11,392 shares of the company’s stock, valued at $1,240,019.20. The disclosure for this sale can be found here. Insiders sold 78,328 shares of company stock worth $8,446,157 over the last three months. Insiders own 1.27% of the company’s stock.

Institutional Trading of Capital One Financial

Institutional investors have recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Capital One Financial during the fourth quarter valued at about $528,618,000. Dodge & Cox raised its holdings in shares of Capital One Financial by 7.6% during the second quarter. Dodge & Cox now owns 35,457,571 shares of the financial services provider’s stock valued at $3,694,324,000 after purchasing an additional 2,492,615 shares during the period. First Trust Advisors LP raised its holdings in shares of 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 valued at $227,336,000 after purchasing an additional 1,485,339 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in shares of 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 valued at $330,303,000 after purchasing an additional 1,114,456 shares during the period. Finally, Fisher Asset Management LLC raised its holdings in shares of 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 valued at $911,394,000 after purchasing an additional 1,105,809 shares during the period. Institutional investors own 88.44% of the company’s stock.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $101.68 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.10. Capital One Financial has a twelve month low of $98.53 and a twelve month high of $174.65. The stock has a market cap of $39.03 billion, a price-to-earnings ratio of 4.47, a P/E/G ratio of 0.30 and a beta of 1.42. The company’s fifty day moving average is $108.52 and its 200 day moving average is $118.78.

Capital One Financial (NYSE:COFGet Rating) last issued its quarterly earnings results on Thursday, July 21st. The financial services provider reported $4.96 EPS for the quarter, missing analysts’ consensus estimates 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 in the prior year, the firm posted $7.71 EPS. Sell-side analysts forecast that Capital One Financial will post 20.09 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 19th. Shareholders of record on Monday, August 8th were given a dividend of $0.60 per share. The ex-dividend date was Friday, August 5th. This represents a $2.40 dividend on an annualized basis and a yield of 2.36%. Capital One Financial’s dividend payout ratio (DPR) is currently 10.54%.

About Capital One Financial

(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.

Read More

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.