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

Capital One Financial Co. (NYSE:COF) saw unusually large options trading on Monday. Investors purchased 8,398 call options on the company. This represents an increase of approximately 34% compared to the average daily volume of 6,287 call options.

Wall Street Analyst Weigh In

Several research firms recently commented on COF. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $159.00 target price on shares of Capital One Financial in a research note on Wednesday, March 27th. Wells Fargo & Company increased their price objective on Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, April 10th. BTIG Research started coverage on Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating on the stock. Jefferies Financial Group raised Capital One Financial from a “hold” rating to a “buy” rating and upped their target price for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Finally, Wolfe Research raised Capital One Financial from a “peer perform” rating to an “outperform” rating and set a $189.00 price target on the stock in a research note on Thursday, April 4th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $141.20.

Insiders Place Their Bets

In other Capital One Financial news, insider Timothy P. Golden sold 8,656 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The shares were 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 of the company’s stock, valued at approximately $1,475,833.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, insider Celia Karam sold 16,913 shares of the company’s stock in a transaction 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 completion of the sale, the insider now owns 47,081 shares in the company, valued at $6,726,933.28. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Timothy P. Golden sold 8,656 shares of Capital One Financial stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total value of $1,246,810.24. Following the transaction, the insider now directly owns 10,246 shares in the company, valued at $1,475,833.84. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

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

Capital One Financial Price Performance

Shares of NYSE:COF opened at $139.68 on Tuesday. The firm has a market cap of $53.11 billion, a price-to-earnings ratio of 10.94, a P/E/G ratio of 1.09 and a beta of 1.46. Capital One Financial has a 1 year low of $88.23 and a 1 year high of $149.94. 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 business has a fifty day simple moving average of $139.80 and a 200 day simple moving average of $137.19.

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

Capital One Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend was Friday, May 10th. Capital One Financial’s dividend payout ratio 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.