Capital One Financial Co. (NYSE:COF) Short Interest Update

Capital One Financial Co. (NYSE:COF) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 11,170,000 shares, an increase of 8.9% from the October 15th total of 10,260,000 shares. Based on an average trading volume of 2,590,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 3.0% of the company’s shares are short sold.

Capital One Financial Stock Up 1.2 %

COF stock traded up $2.14 during midday trading on Friday, hitting $185.14. The company’s stock had a trading volume of 4,122,382 shares, compared to its average volume of 3,819,630. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.00 and a quick ratio of 1.00. Capital One Financial has a twelve month low of $104.21 and a twelve month high of $198.30. The company’s fifty day moving average price is $157.74 and its 200 day moving average price is $146.36. The stock has a market capitalization of $70.63 billion, a P/E ratio of 17.48, a PEG ratio of 1.37 and a beta of 1.43.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. Capital One Financial’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $4.45 EPS. As a group, equities research analysts predict that Capital One Financial will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

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

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, insider Michael Zamsky sold 10,541 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now directly owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This trade represents a 28.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark Daniel Mouadeb sold 1,994 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the transaction, the insider now directly owns 19,776 shares in the company, valued at approximately $3,211,029.12. The trade was a 9.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 29,007 shares of company stock valued at $4,982,647. 1.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of COF. Blair William & Co. IL grew its stake in Capital One Financial by 1.2% in the 1st quarter. Blair William & Co. IL now owns 21,612 shares of the financial services provider’s stock valued at $3,218,000 after buying an additional 259 shares during the last quarter. Orion Portfolio Solutions LLC grew its stake in Capital One Financial by 5.6% in the 1st quarter. Orion Portfolio Solutions LLC now owns 14,841 shares of the financial services provider’s stock valued at $2,210,000 after buying an additional 792 shares during the last quarter. Vanguard Group Inc. grew its stake in Capital One Financial by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 30,893,408 shares of the financial services provider’s stock valued at $4,599,720,000 after buying an additional 226,720 shares during the last quarter. Acadian Asset Management LLC grew its stake in Capital One Financial by 72.2% in the 1st quarter. Acadian Asset Management LLC now owns 89,292 shares of the financial services provider’s stock valued at $13,288,000 after buying an additional 37,426 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in Capital One Financial by 8.3% in the 1st quarter. Osaic Holdings Inc. now owns 68,119 shares of the financial services provider’s stock valued at $10,145,000 after purchasing an additional 5,198 shares during the period. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on COF. Citigroup began coverage on shares of Capital One Financial in a research report on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. Evercore ISI lifted their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Barclays lifted their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Robert W. Baird boosted their price objective on shares of Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $156.35.

About Capital One Financial

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.