Capital One Financial Target of Unusually Large Options Trading (NYSE:COF)

Capital One Financial Co. (NYSE:COF) was the recipient of some unusual options trading on Tuesday. Stock traders purchased 27,311 call options on the company. This represents an increase of approximately 180% compared to the average volume of 9,761 call options.

Capital One Financial Trading Down 2.7 %

Shares of Capital One Financial stock traded down $4.83 on Friday, reaching $173.32. 2,617,284 shares of the company's stock were exchanged, compared to its average volume of 2,830,431. The company has a market capitalization of $66.09 billion, a P/E ratio of 14.95, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. Capital One Financial has a 52 week low of $128.23 and a 52 week high of $210.67. The firm's 50-day moving average is $190.70 and its two-hundred day moving average is $177.36.

Capital One Financial (NYSE:COF - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.31. The business had revenue of $10.19 billion for the quarter, compared to analysts' expectations of $10.22 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business's revenue was up 7.2% on a year-over-year basis. During the same period last year, the business earned $2.81 EPS. Sell-side analysts predict that Capital One Financial will post 15.65 EPS for the current fiscal year.

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Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a dividend yield of 1.38%. Capital One Financial's dividend payout ratio is currently 20.71%.

Institutional Trading of Capital One Financial

Institutional investors and hedge funds have recently modified their holdings of the business. Norden Group LLC grew its stake in Capital One Financial by 2.6% in the 4th quarter. Norden Group LLC now owns 2,010 shares of the financial services provider's stock valued at $358,000 after purchasing an additional 51 shares during the period. Catalyst Financial Partners LLC boosted its holdings in shares of Capital One Financial by 3.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,428 shares of the financial services provider's stock worth $255,000 after buying an additional 54 shares during the last quarter. Quadrant Capital Group LLC grew its position in Capital One Financial by 1.0% during the fourth quarter. Quadrant Capital Group LLC now owns 5,247 shares of the financial services provider's stock valued at $936,000 after buying an additional 54 shares during the period. Gladstone Institutional Advisory LLC increased its holdings in Capital One Financial by 3.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 1,777 shares of the financial services provider's stock worth $317,000 after buying an additional 56 shares during the last quarter. Finally, TFB Advisors LLC raised its position in Capital One Financial by 4.1% in the fourth quarter. TFB Advisors LLC now owns 1,488 shares of the financial services provider's stock worth $265,000 after acquiring an additional 59 shares during the period. 89.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on COF. BTIG Research raised Capital One Financial from a "neutral" rating to a "buy" rating and set a $208.00 target price for the company in a research note on Tuesday. Citigroup lowered their price objective on shares of Capital One Financial from $245.00 to $230.00 and set a "buy" rating for the company in a research report on Monday, March 24th. Keefe, Bruyette & Woods raised their target price on shares of Capital One Financial from $185.00 to $232.00 and gave the company an "outperform" rating in a research report on Monday, December 9th. UBS Group upgraded shares of Capital One Financial from a "neutral" rating to a "buy" rating and upped their price target for the stock from $168.00 to $235.00 in a report on Monday, January 13th. Finally, Hsbc Global Res upgraded Capital One Financial from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 14th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $206.63.

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.