Celia Karam Sells 2,017 Shares of Capital One Financial (NYSE:COF) Stock

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 2,017 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $206.07, for a total value of $415,643.19. Following the completion of the sale, the insider owned 57,696 shares of the company’s stock, valued at $11,889,414.72. This trade represents a 3.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Celia Karam also recently made the following trade(s):

• On Monday, August 17th, Celia Karam sold 1,888 shares of Capital One Financial stock. The shares were sold at an average price of $225.52, for a total transaction of $425,781.76.

Capital One Financial Stock Performance

Capital One Financial stock traded down $3.61 during midday trading on Wednesday, hitting $203.24. The company’s stock had a trading volume of 4,214,020 shares, compared to its average volume of 4,740,019. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market cap of $124.68 billion, a price-to-earnings ratio of 12.58, a PEG ratio of 0.76 and a beta of 1.02. Capital One Financial Corporation has a 1-year low of $174.24 and a 1-year high of $259.64. The company has a 50-day moving average price of $212.75 and a two-hundred day moving average price of $198.36.

Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The firm had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. During the same period in the prior year, the company posted $5.48 EPS. The company’s revenue was up 26.9% compared to the same quarter last year. As a group, sell-side analysts predict that Capital One Financial Corporation will post 20.29 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is currently 19.80%.

Analysts Set New Price Targets

Several brokerages have commented on COF. Bank of America lowered their price objective on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Wall Street Zen cut Capital One Financial from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. UBS Group raised their price target on shares of Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Barclays decreased their target price on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Finally, HSBC upgraded Capital One Financial from a “hold” rating to a “buy” rating and increased their price target for the company from $226.00 to $229.00 in a research note on Sunday, July 12th. Twenty-one research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $258.91.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Capital One Financial in the 4th quarter valued at about $2,089,803,000. Bank of America Corp DE acquired a new position in shares of Capital One Financial in the second quarter worth approximately $1,435,311,000. Legal & General Group Plc bought a new stake in Capital One Financial in the second quarter valued at approximately $680,983,000. Berkshire Hathaway Inc bought a new stake in Capital One Financial in the second quarter valued at approximately $601,860,000. Finally, Canada Pension Plan Investment Board acquired a new stake in Capital One Financial during the 2nd quarter valued at approximately $482,718,000. 89.84% of the stock is owned by institutional investors.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company initially built its business as a credit card issuer and has since expanded into consumer banking, commercial banking and payments.

Capital One offers a range of credit card products for consumers and businesses, along with deposit accounts, savings products, auto loans and other consumer lending services. Through its commercial banking operations, the company provides financing, treasury management and related services to commercial real estate clients, middle-market companies and other businesses.

Capital One primarily serves customers in the United States, with additional operations and financial services activities in Canada and the United Kingdom.