Investors Purchase High Volume of Call Options on Capital One Financial (NYSE:COF)

Capital One Financial Co. (NYSE:COF) was the target of some unusual options trading activity on Wednesday. Investors acquired 13,852 call options on the company. This is an increase of approximately 52% compared to the average daily volume of 9,098 call options.

Insider Buying and Selling at Capital One Financial

In related news, insider Frank G. LapradeIii sold 15,751 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now owns 44,711 shares in the company, valued at $7,153,760. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the sale, the insider now owns 19,776 shares in the company, valued at approximately $3,211,029.12. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Frank G. LapradeIii sold 15,751 shares of the firm’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the transaction, the insider now directly owns 44,711 shares in the company, valued at $7,153,760. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Institutional Trading of Capital One Financial

Institutional investors have recently made changes to their positions in the business. Nordea Investment Management AB lifted its stake in Capital One Financial by 2.8% during the 1st quarter. Nordea Investment Management AB now owns 27,418 shares of the financial services provider’s stock valued at $4,077,000 after acquiring an additional 736 shares during the period. Whittier Trust Co. grew its holdings in Capital One Financial by 87.9% during the first quarter. Whittier Trust Co. now owns 4,059 shares of the financial services provider’s stock worth $604,000 after acquiring an additional 1,899 shares during the period. Whittier Trust Co. of Nevada Inc. raised its position in Capital One Financial by 11.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock valued at $107,000 after acquiring an additional 75 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Capital One Financial by 101.1% in the first quarter. Larson Financial Group LLC now owns 1,064 shares of the financial services provider’s stock valued at $158,000 after acquiring an additional 535 shares during the period. Finally, Richardson Financial Services Inc. purchased a new stake in Capital One Financial in the 1st quarter worth approximately $219,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on COF. Royal Bank of Canada increased their price objective on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Barclays boosted their target price on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Citigroup began coverage on Capital One Financial in a report on Friday, September 20th. They issued a “buy” rating and a $190.00 target price on the stock. Bank of America increased their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Finally, JPMorgan Chase & Co. lifted their price objective on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $156.35.

Capital One Financial Trading Down 3.2 %

NYSE:COF opened at $184.81 on Friday. The firm has a market cap of $70.51 billion, a P/E ratio of 17.45, a P/E/G ratio of 1.22 and a beta of 1.43. The firm has a 50-day simple moving average of $151.92 and a 200-day simple moving average of $144.43. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. Capital One Financial has a one year low of $102.63 and a one year high of $198.30.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping the consensus estimate of $3.70 by $0.81. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm had revenue of $10 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same period in the previous year, the company posted $4.45 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Equities analysts anticipate that Capital One Financial will post 13.17 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. Capital One Financial’s dividend payout ratio (DPR) is presently 22.66%.

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.