Traders Buy Large Volume of Capital One Financial Call Options (NYSE:COF)

Capital One Financial Co. (NYSE:COF) was the recipient of some unusual options trading on Thursday. Traders bought 25,831 call options on the stock. This is an increase of 159% compared to the average daily volume of 9,972 call options.

Insider Buying and Selling at Capital One Financial

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now directly owns 19,776 shares in the company, valued at $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. The trade was a 28.47 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,256 shares of company stock valued at $2,462,487 in the last ninety days. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Capital One Financial

Institutional investors have recently added to or reduced their stakes in the business. FMR LLC grew its holdings in Capital One Financial by 21.4% in the 3rd quarter. FMR LLC now owns 6,640,951 shares of the financial services provider’s stock valued at $994,350,000 after buying an additional 1,169,395 shares during the period. Eminence Capital LP acquired a new stake in shares of Capital One Financial in the second quarter worth approximately $127,465,000. International Assets Investment Management LLC purchased a new stake in Capital One Financial in the fourth quarter valued at approximately $130,683,000. Wellington Management Group LLP increased its position in Capital One Financial by 268.7% during the third quarter. Wellington Management Group LLP now owns 975,439 shares of the financial services provider’s stock worth $146,052,000 after purchasing an additional 710,881 shares during the last quarter. Finally, Southpoint Capital Advisors LP purchased a new position in Capital One Financial during the third quarter worth approximately $104,811,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on COF shares. The Goldman Sachs Group lifted their price target on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Truist Financial assumed coverage on shares of Capital One Financial in a research note on Tuesday, January 7th. They set a “buy” rating and a $229.00 price target on the stock. Wells Fargo & Company raised their price objective on shares of Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Bank of America lowered shares of Capital One Financial from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $203.00 to $200.00 in a research report on Monday, December 9th. Finally, Hsbc Global Res upgraded shares of Capital One Financial from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $190.47.

Capital One Financial Trading Up 1.6 %

Shares of COF stock opened at $204.14 on Friday. Capital One Financial has a twelve month low of $128.23 and a twelve month high of $207.24. The company has a market capitalization of $77.82 billion, a price-to-earnings ratio of 17.61, a PEG ratio of 1.24 and a beta of 1.46. The firm has a 50-day moving average price of $184.29 and a 200 day moving average price of $161.66. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COF) last announced 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 net margin of 9.46% and a return on equity of 9.50%. The business had revenue of $10.19 billion for the quarter, compared to the consensus estimate of $10,220,675.12 billion. During the same quarter in the prior year, the firm posted $2.81 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. Research analysts forecast that Capital One Financial will post 15.22 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Thursday, November 14th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is 20.71%.

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.