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

Capital One Financial Co. (NYSE:COF) was the target of some unusual options trading on Thursday. Stock investors bought 25,831 call options on the company. This represents an increase of 159% compared to the typical volume of 9,972 call options.

Wall Street Analyst Weigh In

Several research firms have issued reports on COF. Hsbc Global Res upgraded Capital One Financial from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Evercore ISI raised their price objective on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group increased their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Truist Financial began coverage on Capital One Financial in a research report on Tuesday, January 7th. They issued a “buy” rating and a $229.00 price objective for the company. Finally, Royal Bank of Canada lifted their price objective on Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Ten research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $190.47.

Capital One Financial Trading Up 2.1 %

Capital One Financial stock traded up $4.31 during mid-day trading on Thursday, hitting $205.24. 1,314,760 shares of the company’s stock were exchanged, compared to its average volume of 3,333,728. Capital One Financial has a fifty-two week low of $128.23 and a fifty-two week high of $205.43. The company’s 50 day simple moving average is $184.29 and its 200-day simple moving average is $161.66. The firm has a market capitalization of $78.24 billion, a P/E ratio of 17.71, a PEG ratio of 1.24 and a beta of 1.46. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.31. Capital One Financial had a return on equity of 9.50% and a net margin of 9.46%. The business had revenue of $10.19 billion during the quarter, compared to analyst estimates of $10,220,675.12 billion. During the same period in the previous year, the firm earned $2.81 EPS. Capital One Financial’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities analysts anticipate that Capital One Financial will post 15.22 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s payout ratio is presently 20.71%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the transaction, the insider now directly owns 26,482 shares in the company, valued at $5,038,465.32. This represents a 28.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total value of $323,765.78. Following the transaction, the insider now owns 19,776 shares of the company’s stock, valued at $3,211,029.12. This represents a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,256 shares of company stock worth $2,462,487. 1.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Capital One Financial

A number of large investors have recently added to or reduced their stakes in the company. Grove Bank & Trust boosted its position in shares of Capital One Financial by 7.0% during the fourth quarter. Grove Bank & Trust now owns 973 shares of the financial services provider’s stock worth $174,000 after buying an additional 64 shares during the period. Cerro Pacific Wealth Advisors LLC increased its stake in Capital One Financial by 1.1% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 5,861 shares of the financial services provider’s stock valued at $1,045,000 after buying an additional 64 shares during the last quarter. Prossimo Advisors LLC raised its holdings in Capital One Financial by 2.4% during the third quarter. Prossimo Advisors LLC now owns 2,735 shares of the financial services provider’s stock worth $410,000 after acquiring an additional 65 shares in the last quarter. City Holding Co. boosted its holdings in shares of Capital One Financial by 1.3% in the 4th quarter. City Holding Co. now owns 5,010 shares of the financial services provider’s stock valued at $893,000 after buying an additional 65 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its stake in Capital One Financial by 3.9% in the third quarter. Arkadios Wealth Advisors now owns 1,780 shares of the financial services provider’s stock valued at $266,000 after acquiring an additional 66 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.

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.