Capital One Financial (NYSE:COF) Insider Neal Blinde Sells 43,200 Shares of Stock

Capital One Financial Corporation (NYSE:COF) insider Neal Blinde sold 43,200 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $221.83, for a total value of $9,583,056.00. Following the sale, the insider owned 73,020 shares of the company’s stock, valued at approximately $16,198,026.60. The trade was a 37.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Capital One Financial Stock Up 0.4%

COF traded up $0.95 on Friday, reaching $217.83. The company’s stock had a trading volume of 3,945,806 shares, compared to its average volume of 4,180,801. The company has a market capitalization of $139.31 billion, a price-to-earnings ratio of 91.91, a P/E/G ratio of 0.70 and a beta of 1.19. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The stock has a 50 day moving average of $219.47 and a two-hundred day moving average of $209.07.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The business had revenue of $15.46 billion during the quarter. As a group, analysts forecast that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend is Monday, November 17th. Capital One Financial’s dividend payout ratio is presently 101.27%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. WPG Advisers LLC acquired a new stake in shares of Capital One Financial during the first quarter worth $25,000. Moisand Fitzgerald Tamayo LLC raised its position in Capital One Financial by 103.3% during the 2nd quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock worth $26,000 after buying an additional 62 shares during the last quarter. Olistico Wealth LLC lifted its stake in shares of Capital One Financial by 439.1% in the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 101 shares during the period. Saudi Central Bank acquired a new stake in shares of Capital One Financial in the 1st quarter worth $27,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of Capital One Financial in the second quarter valued at about $27,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

COF has been the topic of a number of research analyst reports. Citigroup lifted their target price on Capital One Financial from $275.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Wells Fargo & Company raised their price target on Capital One Financial from $225.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Evercore ISI boosted their price objective on Capital One Financial from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Tuesday, September 30th. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $235.00 to $237.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Finally, Royal Bank Of Canada lifted their target price on shares of Capital One Financial from $240.00 to $255.00 and gave the company a “sector perform” rating in a report on Wednesday, July 23rd. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

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.