Capital One Financial (NYSE:COF) Stock Price Down 5.6%

Capital One Financial Co. (NYSE:COF)’s share price was down 5.6% during trading on Tuesday . The company traded as low as $133.88 and last traded at $134.62. Approximately 784,197 shares were traded during trading, a decline of 68% from the average daily volume of 2,454,980 shares. The stock had previously closed at $142.60.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Monday, July 8th. BTIG Research assumed coverage on Capital One Financial in a research report on Friday, June 7th. They set a “neutral” rating on the stock. Bank of America upped their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and raised their target price for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. Finally, Evercore ISI dropped their price target on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a research report on Tuesday, June 25th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $145.89.

Capital One Financial Stock Performance

The firm has a market cap of $52.11 billion, a price-to-earnings ratio of 10.69, a PEG ratio of 1.10 and a beta of 1.44. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The company has a 50 day moving average of $141.51 and a 200 day moving average of $140.50.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $3.52 earnings per share. As a group, equities research analysts expect that Capital One Financial Co. will post 13.1 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were paid a $0.60 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $2.40 dividend on an annualized basis and a yield of 1.76%. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

Insider Buying and Selling at Capital One Financial

In related news, insider Robert M. Alexander sold 30,742 shares of the company’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Capital One Financial news, CEO Kevin S. Borgmann sold 61,532 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the sale, the chief executive officer now owns 40,934 shares in the company, valued at $5,438,491.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert M. Alexander sold 30,742 shares of Capital One Financial stock in a transaction that occurred on Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the sale, the insider now directly owns 73,734 shares in the company, valued at approximately $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Institutional Trading of Capital One Financial

Several large investors have recently added to or reduced their stakes in the business. Silicon Valley Capital Partners acquired a new position in shares of Capital One Financial during the first quarter valued at $25,000. LRI Investments LLC acquired a new position in Capital One Financial during the 1st quarter valued at about $25,000. Y.D. More Investments Ltd bought a new stake in shares of Capital One Financial during the 2nd quarter worth about $28,000. Hobbs Group Advisors LLC acquired a new stake in shares of Capital One Financial in the 2nd quarter worth approximately $29,000. Finally, Bartlett & CO. Wealth Management LLC raised its holdings in Capital One Financial by 726.7% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 248 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 218 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.

About Capital One Financial

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.