Capital One Financial Corp. (NYSE:COF) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $103.67 and last traded at $101.69, with a volume of 2164100 shares changing hands. The stock had previously closed at $100.80.

A number of equities research analysts have issued reports on the company. BMO Capital Markets reaffirmed a “buy” rating and issued a $116.00 price target on shares of Capital One Financial in a research report on Friday, October 6th. Wells Fargo & Co assumed coverage on Capital One Financial in a research report on Tuesday, October 10th. They issued an “outperform” rating and a $96.00 price target on the stock. Piper Jaffray Companies assumed coverage on Capital One Financial in a research report on Thursday, September 21st. They issued an “underweight” rating and a $81.00 price target on the stock. Credit Suisse Group reaffirmed a “neutral” rating on shares of Capital One Financial in a research report on Wednesday, December 27th. Finally, Wedbush raised Capital One Financial from an “underperform” rating to a “neutral” rating and set a $80.00 target price on the stock in a research report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the stock. Capital One Financial currently has a consensus rating of “Hold” and a consensus price target of $102.14.

The stock has a market capitalization of $50,050.00, a P/E ratio of 14.26, a PEG ratio of 1.38 and a beta of 1.28. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 1.17.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.27. The firm had revenue of $6.99 billion for the quarter, compared to the consensus estimate of $6.81 billion. Capital One Financial had a return on equity of 8.25% and a net margin of 13.34%. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the business posted $2.03 EPS. analysts expect that Capital One Financial Corp. will post 7.96 earnings per share for the current year.

Capital One Financial declared that its board has initiated a share repurchase program on Tuesday, December 26th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

In other Capital One Financial news, Director Ann F. Hackett sold 6,361 shares of Capital One Financial stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $102.00, for a total value of $648,822.00. Following the transaction, the director now directly owns 64,372 shares in the company, valued at approximately $6,565,944. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Bradford H. Warner sold 3,000 shares of Capital One Financial stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $99.46, for a total value of $298,380.00. Following the completion of the transaction, the director now owns 53,085 shares in the company, valued at $5,279,834.10. The disclosure for this sale can be found here. Insiders have sold a total of 435,282 shares of company stock worth $42,264,713 in the last 90 days. 1.73% of the stock is currently owned by company insiders.

Several hedge funds have recently made changes to their positions in COF. BB&T Investment Services Inc. purchased a new position in shares of Capital One Financial in the 2nd quarter valued at approximately $108,000. Seven Eight Capital LP grew its stake in shares of Capital One Financial by 16.7% in the 2nd quarter. Seven Eight Capital LP now owns 1,400 shares of the financial services provider’s stock valued at $116,000 after purchasing an additional 200 shares during the last quarter. Archford Capital Strategies LLC grew its stake in shares of Capital One Financial by 8,078.3% in the 2nd quarter. Archford Capital Strategies LLC now owns 4,907 shares of the financial services provider’s stock valued at $140,000 after purchasing an additional 4,847 shares during the last quarter. Westside Investment Management Inc. grew its stake in shares of Capital One Financial by 48.0% in the 2nd quarter. Westside Investment Management Inc. now owns 1,745 shares of the financial services provider’s stock valued at $143,000 after purchasing an additional 566 shares during the last quarter. Finally, Camelot Portfolios LLC purchased a new position in shares of Capital One Financial in the 3rd quarter valued at approximately $201,000. Institutional investors own 88.33% of the company’s stock.

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About Capital One Financial

Capital One Financial Corporation is a diversified financial services holding company. The Company, along with its subsidiaries, offers a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels. The Company’s segments include Credit Card, Consumer Banking, Commercial Banking and Other.

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