Capital One Financial (NYSE:COF) Insider Sells $369,587.82 in Stock

Capital One Financial Corporation (NYSE:COF) insider Lia Dean sold 1,887 shares of the company’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $195.86, for a total value of $369,587.82. Following the completion of the transaction, the insider owned 59,308 shares in the company, valued at $11,616,064.88. This represents a 3.08% decrease in their position. The sale 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.

Lia Dean also recently made the following trade(s):

• On Tuesday, September 15th, Lia Dean sold 2,066 shares of Capital One Financial stock. The stock was sold at an average price of $206.07, for a total transaction of $425,740.62.
• On Monday, August 17th, Lia Dean sold 2,193 shares of Capital One Financial stock. The stock was sold at an average price of $225.52, for a total transaction of $494,565.36.

Capital One Financial Stock Down 0.9%

COF traded down $1.88 on Monday, reaching $199.86. 3,640,025 shares of the company traded hands, compared to its average volume of 4,637,232. The stock’s 50 day moving average price is $208.08 and its 200-day moving average price is $200.39. Capital One Financial Corporation has a 52-week low of $174.24 and a 52-week high of $259.64. The company has a market cap of $122.61 billion, a price-to-earnings ratio of 12.37, a PEG ratio of 0.97 and a beta of 1.04. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The firm had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. During the same quarter in the prior year, the business earned $5.48 EPS. The company’s revenue for the quarter was up 26.9% compared to the same quarter last year. On average, sell-side analysts expect that Capital One Financial Corporation will post 20.36 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, August 17th. Capital One Financial’s payout ratio is currently 19.80%.

Hedge Funds Weigh In On Capital One Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in COF. Solstein Capital LLC acquired a new stake in Capital One Financial in the second quarter valued at approximately $26,000. Purpose Unlimited Inc. bought a new stake in Capital One Financial in the fourth quarter worth approximately $33,000. Gilpin Wealth Management LLC bought a new stake in Capital One Financial in the third quarter worth approximately $27,000. Ballast Advisors LLC bought a new stake in Capital One Financial in the first quarter worth approximately $27,000. Finally, Pension & Wealth Management Advisors Inc. acquired a new position in shares of Capital One Financial during the 2nd quarter worth $31,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on COF shares. Wall Street Zen downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. UBS Group lifted their price objective on Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. BTIG Research lifted their price objective on Capital One Financial from $224.00 to $259.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Piper Sandler boosted their target price on Capital One Financial from $254.00 to $260.00 and gave the company an “overweight” rating in a research note on Monday, September 28th. Finally, Morgan Stanley dropped their target price on Capital One Financial from $273.00 to $267.00 and set an “overweight” rating on the stock in a research report on Monday, October 12th. Twenty investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Capital One Financial presently has an average rating of “Moderate Buy” and an average price target of $255.04.

Capital One Financial Company Profile

Capital One Financial Corporation is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company operates as a bank holding company through Capital One, N.A., providing financial products and services to consumers, small businesses and commercial customers.

Capital One is best known for its credit card business, which offers a range of consumer and business cards. Its other activities include consumer banking products such as checking and savings accounts, auto loans and retail banking services, as well as commercial banking services for businesses and institutions.

The company primarily serves customers in the United States through digital channels, branches and other distribution networks.