Capital One Financial (NYSE:COF) Sets New 12-Month High at $153.36

Capital One Financial Co. (NYSE:COF) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $153.36 and last traded at $152.94, with a volume of 479350 shares traded. The stock had previously closed at $153.05.

Wall Street Analyst Weigh In

Several brokerages recently commented on COF. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $148.00 to $155.00 and gave the company a "neutral" rating in a research report on Monday, July 8th. Bank of America increased their target price on Capital One Financial from $158.00 to $161.00 and gave the company a "buy" rating in a research note on Wednesday, July 24th. Royal Bank of Canada restated a "sector perform" rating and issued a $150.00 price target on shares of Capital One Financial in a research note on Thursday, July 25th. BTIG Research started coverage on Capital One Financial in a research report on Friday, June 7th. They set a "neutral" rating on the stock. Finally, Jefferies Financial Group raised Capital One Financial from a "hold" rating to a "buy" rating and boosted their target price for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $147.21.

Capital One Financial Stock Down 0.5 %

The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.81. The company has a fifty day simple moving average of $142.28 and a 200-day simple moving average of $140.76. The firm has a market cap of $57.90 billion, a P/E ratio of 11.99, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44.

Capital One Financial (NYSE:COF - Get Free Report) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.28 by ($0.14). Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.57 billion. During the same quarter last year, the firm posted $3.52 earnings per share. The company's revenue was up 5.5% compared to the same quarter last year. On average, equities analysts anticipate that Capital One Financial Co. will post 13.1 earnings per share for the current year.

Capital One Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial's dividend payout ratio (DPR) is 18.79%.

Insider Buying and Selling

In other news, CEO Kevin S. Borgmann sold 61,532 shares of the business's stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at $5,438,491.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Kevin S. Borgmann sold 61,532 shares of the business's stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total value of $8,175,141.52. Following the transaction, the chief executive officer now owns 40,934 shares of the company's stock, valued at $5,438,491.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert M. Alexander sold 30,742 shares of the company's stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $150.00, for a total transaction of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares of the company's stock, valued at approximately $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Capital One Financial

Large investors have recently made changes to their positions in the company. Financial Security Advisor Inc. lifted its position in Capital One Financial by 2.4% during the first quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider's stock valued at $485,000 after purchasing an additional 75 shares during the last quarter. Valley National Advisers Inc. grew its position in Capital One Financial by 0.5% in the first quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider's stock worth $2,435,000 after acquiring an additional 75 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in Capital One Financial by 11.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider's stock worth $107,000 after acquiring an additional 75 shares during the last quarter. Smith Chas P & Associates PA Cpas raised its position in Capital One Financial by 2.8% during the first quarter. Smith Chas P & Associates PA Cpas now owns 2,829 shares of the financial services provider's stock valued at $421,000 after purchasing an additional 76 shares during the period. Finally, Marcum Wealth LLC lifted its stake in shares of Capital One Financial by 3.6% in the 2nd quarter. Marcum Wealth LLC now owns 2,295 shares of the financial services provider's stock valued at $318,000 after purchasing an additional 79 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

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.