Short Interest in Capital One Financial Co. (NYSE:COF) Increases By 9.3%

Capital One Financial Co. (NYSE:COF) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 9,860,000 shares, a growth of 9.3% from the September 15th total of 9,020,000 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,320,000 shares, the short-interest ratio is presently 4.3 days.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Evercore ISI reduced their price objective on shares of Capital One Financial from $166.00 to $163.00 and set an “in-line” rating on the stock in a research note on Monday, October 7th. JPMorgan Chase & Co. upped their price target 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. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $150.00 price target on shares of Capital One Financial in a research report on Thursday, July 25th. Barclays upped their price target on shares of Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Citigroup initiated 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. Twelve investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $151.56.

Insider Transactions at Capital One Financial

In other news, CEO Kevin S. Borgmann sold 61,532 shares of the company’s stock in a transaction 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 transaction, the chief executive officer now directly owns 40,934 shares in the company, valued at approximately $5,438,491.24. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Financial Security Advisor Inc. increased its stake in Capital One Financial by 2.4% in the 1st quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock valued at $485,000 after buying an additional 75 shares during the last quarter. Valley National Advisers Inc. increased its stake in Capital One Financial by 0.5% in the 1st quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock valued at $2,435,000 after buying an additional 75 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in Capital One Financial by 11.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock valued at $107,000 after buying an additional 75 shares during the last quarter. Bangor Savings Bank increased its stake in Capital One Financial by 20.8% in the 3rd quarter. Bangor Savings Bank now owns 448 shares of the financial services provider’s stock valued at $67,000 after buying an additional 77 shares during the last quarter. Finally, Grove Bank & Trust increased its stake in Capital One Financial by 9.3% in the 3rd quarter. Grove Bank & Trust now owns 909 shares of the financial services provider’s stock valued at $136,000 after buying an additional 77 shares during the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Up 1.1 %

Shares of COF traded up $1.70 on Thursday, reaching $159.77. The company’s stock had a trading volume of 2,771,833 shares, compared to its average volume of 2,443,816. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. Capital One Financial has a twelve month low of $88.23 and a twelve month high of $160.45. The stock has a market capitalization of $60.74 billion, a PE ratio of 12.51, a PEG ratio of 1.22 and a beta of 1.44. The firm has a fifty day moving average of $144.77 and a 200-day moving average of $142.21.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share for the quarter, missing analysts’ consensus estimates of $3.28 by ($0.14). Capital One Financial had a return on equity of 9.31% and a net margin of 9.01%. The business had revenue of $9.51 billion during the quarter, compared to analyst estimates of $9.57 billion. During the same quarter in the prior year, the company earned $3.52 EPS. The company’s revenue was up 5.5% on a year-over-year basis. Equities analysts predict that Capital One Financial will post 12.87 EPS for the current year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were paid a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.50%. Capital One Financial’s dividend payout ratio (DPR) is 18.79%.

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.