Capital One Financial Co. (NYSE:COF) Short Interest Update

Capital One Financial Co. (NYSE:COF) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 9,620,000 shares, a decrease of 7.1% from the May 31st total of 10,360,000 shares. Based on an average trading volume of 2,220,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 2.6% of the company’s stock are sold short.

Insider Activity

In other news, insider Celia Karam sold 16,913 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares in the company, valued at approximately $6,726,933.28. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the transaction, the insider now owns 10,246 shares in the company, valued at approximately $1,475,833.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Celia Karam sold 16,913 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $142.88, for a total value of $2,416,529.44. Following the transaction, the insider now owns 47,081 shares in the company, valued at approximately $6,726,933.28. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Institutional Trading of Capital One Financial

Institutional investors have recently modified their holdings of the company. LRI Investments LLC purchased a new stake in shares of Capital One Financial during the 1st quarter worth about $25,000. Silicon Valley Capital Partners purchased a new position in Capital One Financial in the 1st quarter worth approximately $25,000. Householder Group Estate & Retirement Specialist LLC boosted its holdings in Capital One Financial by 1,658.3% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 211 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 199 shares during the period. Rise Advisors LLC purchased a new position in Capital One Financial in the 1st quarter worth approximately $33,000. Finally, Bartlett & Co. LLC boosted its holdings in Capital One Financial by 726.7% in the 4th quarter. Bartlett & Co. LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 218 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on COF. JPMorgan Chase & Co. raised their price target on Capital One Financial from $134.00 to $152.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 3rd. Wells Fargo & Company increased their price objective on Capital One Financial from $160.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price objective for the company in a research report on Thursday, April 4th. BTIG Research assumed coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating for the company. Finally, Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $159.00 price objective on shares of Capital One Financial in a research report on Wednesday, March 27th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $141.20.

Capital One Financial Trading Up 0.6 %

COF traded up $0.78 during midday trading on Tuesday, hitting $140.48. The company’s stock had a trading volume of 1,987,551 shares, compared to its average volume of 2,525,318. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. The firm has a market cap of $53.41 billion, a P/E ratio of 11.00, a PEG ratio of 1.09 and a beta of 1.46. The firm has a 50-day moving average price of $139.65 and a two-hundred day moving average price of $137.26. Capital One Financial has a 52-week low of $88.23 and a 52-week high of $149.94.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 EPS for the quarter, missing the consensus estimate of $3.25 by ($0.04). The business had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.31 EPS. On average, research analysts anticipate that Capital One Financial will post 13.31 earnings per share for the current year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.71%. The ex-dividend date was Friday, May 10th. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

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.