Capital One Financial Corporation (COF) To Go Ex-Dividend on February 19th

Capital One Financial Corporation (NYSE:COF) declared a quarterly dividend on Tuesday, February 3rd. Shareholders of record on Thursday, February 19th will be given a dividend of 0.80 per share by the financial services provider on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, February 19th.

Capital One Financial has raised its dividend payment by an average of 0.2%per year over the last three years. Capital One Financial has a dividend payout ratio of 17.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Capital One Financial to earn $18.17 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 17.6%.

Capital One Financial Stock Up 0.3%

Capital One Financial stock opened at $207.60 on Tuesday. The business’s 50-day moving average price is $233.87 and its 200 day moving average price is $223.55. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The firm has a market cap of $131.98 billion, a price-to-earnings ratio of 70.14, a price-to-earnings-growth ratio of 0.61 and a beta of 1.14. Capital One Financial has a 52 week low of $143.22 and a 52 week high of $259.64.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing the consensus estimate of $4.14 by ($0.28). The company had revenue of $15.62 billion during the quarter, compared to analysts’ expectations of $15.49 billion. Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.The company’s revenue for the quarter was up 53.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.67 EPS. As a group, sell-side analysts anticipate that Capital One Financial will post 15.65 earnings per share for the current year.

Insider Transactions at Capital One Financial

In other news, insider Celia Karam sold 2,108 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $218.25, for a total value of $460,071.00. Following the transaction, the insider owned 59,269 shares in the company, valued at $12,935,459.25. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Lia Dean sold 3,284 shares of Capital One Financial stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $223.68, for a total value of $734,565.12. Following the completion of the sale, the insider directly owned 70,162 shares in the company, valued at $15,693,836.16. This represents a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 34,274 shares of company stock valued at $8,131,054. 1.26% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Capital One Financial

A number of large investors have recently modified their holdings of COF. Evolution Wealth Management Inc. boosted its position in Capital One Financial by 529.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 90 shares during the last quarter. VSM Wealth Advisory LLC purchased a new position in Capital One Financial in the 4th quarter worth approximately $27,000. Cherry Tree Wealth Management LLC boosted its holdings in shares of Capital One Financial by 1,312.5% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares during the last quarter. Olistico Wealth LLC purchased a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $30,000. Finally, Atlantic Edge Private Wealth Management LLC increased its holdings in shares of Capital One Financial by 66.7% in the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.