Capital One Financial (NYSE:COF) Shares Down 5.6%

Shares of Capital One Financial Co. (NYSE:COF) were down 5.6% during trading on Tuesday . The company traded as low as $133.88 and last traded at $134.62. Approximately 784,197 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 2,454,980 shares. The stock had previously closed at $142.60.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Evercore ISI reduced their price objective on shares of Capital One Financial from $155.00 to $154.00 and set an "in-line" rating on the stock in a research note on Tuesday, June 25th. Jefferies Financial Group upgraded shares of Capital One Financial from a "hold" rating to a "buy" rating and increased their price target for the stock from $145.00 to $165.00 in a research report on Thursday, June 6th. BTIG Research assumed coverage on shares of Capital One Financial in a research report on Friday, June 7th. They set a "neutral" rating for the company. JPMorgan Chase & Co. raised their target price on Capital One Financial from $148.00 to $155.00 and gave the company a "neutral" rating in a report on Monday, July 8th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $150.00 price target on shares of Capital One Financial in a report on Thursday, July 25th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $145.89.

Capital One Financial Trading Down 3.2 %

The company has a market cap of $52.69 billion, a P/E ratio of 10.81, a PEG ratio of 1.10 and a beta of 1.44. 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 firm's 50 day moving average is $141.55 and its two-hundred day moving average is $140.53.

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

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date of this dividend was Monday, August 12th. Capital One Financial's dividend payout ratio is currently 18.79%.

Insider Transactions at Capital One Financial

In other news, CEO Kevin S. Borgmann sold 61,532 shares of Capital One Financial 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 completion of the transaction, the chief executive officer now directly owns 40,934 shares of the company's stock, valued at approximately $5,438,491.24. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO Kevin S. Borgmann sold 61,532 shares of the firm's stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $132.86, for a total transaction of $8,175,141.52. Following the completion of the sale, the chief executive officer now owns 40,934 shares of the company's stock, valued at approximately $5,438,491.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Robert M. Alexander sold 30,742 shares of the business's stock in a transaction on Wednesday, July 17th. The shares were 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 in the company, valued at approximately $11,060,100. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Capital One Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in COF. Capital Research Global Investors grew its stake in Capital One Financial by 72.8% in the first quarter. Capital Research Global Investors now owns 21,128,089 shares of the financial services provider's stock valued at $3,145,761,000 after acquiring an additional 8,900,241 shares during the period. Norges Bank bought a new position in shares of Capital One Financial in the 4th quarter worth $409,831,000. Eminence Capital LP acquired a new stake in Capital One Financial in the 2nd quarter valued at $127,465,000. Clearbridge Investments LLC increased its stake in Capital One Financial by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,473,596 shares of the financial services provider's stock valued at $517,184,000 after purchasing an additional 549,665 shares in the last quarter. Finally, International Assets Investment Management LLC raised its holdings in Capital One Financial by 123.4% during the second quarter. International Assets Investment Management LLC now owns 772,961 shares of the financial services provider's stock worth $107,016,000 after buying an additional 427,000 shares during the last quarter. 89.84% of the stock is owned by institutional investors.

Capital One Financial Company Profile

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.