Capital One Financial Corp. (NYSE:COF) traded down 6.4% during trading on Thursday . The stock traded as low as $91.60 and last traded at $91.80. 3,962,419 shares changed hands during mid-day trading, an increase of 57% from the average session volume of 2,527,086 shares. The stock had previously closed at $98.12.

A number of equities research analysts have recently issued reports on the company. Morgan Stanley upped their price objective on Capital One Financial from $110.00 to $111.00 and gave the stock an “equal weight” rating in a research note on Friday, February 2nd. Royal Bank of Canada reiterated a “buy” rating and set a $110.00 price objective on shares of Capital One Financial in a research note on Wednesday, January 24th. Buckingham Research upped their price objective on Capital One Financial from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, January 24th. Credit Suisse Group upped their price objective on Capital One Financial from $106.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 24th. Finally, Wells Fargo & Co reiterated an “outperform” rating and set a $117.00 price objective (up previously from $112.00) on shares of Capital One Financial in a research note on Wednesday, January 24th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company’s stock. Capital One Financial has an average rating of “Hold” and an average target price of $106.14.

The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.07 and a current ratio of 1.08. The stock has a market capitalization of $44,710.00, a P/E ratio of 24.41, a price-to-earnings-growth ratio of 0.84 and a beta of 1.33.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, January 23rd. The financial services provider reported $1.62 earnings per share for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.23). Capital One Financial had a net margin of 6.89% and a return on equity of 8.36%. The business had revenue of $7 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter last year, the company posted $1.45 EPS. The firm’s revenue was up 6.6% on a year-over-year basis. research analysts expect that Capital One Financial Corp. will post 9.72 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Monday, February 12th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Friday, February 9th. Capital One Financial’s dividend payout ratio (DPR) is presently 42.44%.

Capital One Financial announced that its board has authorized a share repurchase plan on Tuesday, December 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

In related news, insider Robert M. Alexander sold 5,000 shares of the stock in a transaction on Friday, December 1st. The stock was sold at an average price of $92.18, for a total value of $460,900.00. Following the sale, the insider now owns 89,603 shares in the company, valued at approximately $8,259,604.54. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Yajnik Sanjiv sold 156,278 shares of the stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $100.00, for a total value of $15,627,800.00. Following the completion of the sale, the insider now owns 199,216 shares in the company, valued at approximately $19,921,600. The disclosure for this sale can be found here. In the last 90 days, insiders sold 954,948 shares of company stock worth $97,433,019. 1.73% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of COF. Davis Selected Advisers grew its holdings in Capital One Financial by 43.7% in the 3rd quarter. Davis Selected Advisers now owns 11,581,237 shares of the financial services provider’s stock valued at $980,149,000 after buying an additional 3,519,332 shares in the last quarter. APG Asset Management N.V. grew its holdings in Capital One Financial by 1,256.0% in the 4th quarter. APG Asset Management N.V. now owns 1,851,401 shares of the financial services provider’s stock valued at $153,533,000 after buying an additional 1,714,867 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its holdings in Capital One Financial by 49,032.3% in the 4th quarter. Los Angeles Capital Management & Equity Research Inc. now owns 1,479,866 shares of the financial services provider’s stock valued at $147,365,000 after buying an additional 1,476,854 shares in the last quarter. Point72 Asset Management L.P. grew its holdings in Capital One Financial by 229.4% in the 3rd quarter. Point72 Asset Management L.P. now owns 1,647,291 shares of the financial services provider’s stock valued at $139,460,000 after buying an additional 1,147,191 shares in the last quarter. Finally, Cornerstone Investment Partners LLC grew its holdings in Capital One Financial by 87.9% in the 4th quarter. Cornerstone Investment Partners LLC now owns 2,045,312 shares of the financial services provider’s stock valued at $203,672,000 after buying an additional 956,815 shares in the last quarter. Institutional investors and hedge funds own 88.87% of the company’s stock.

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Capital One Financial Company Profile

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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