Insider Selling: Capital One Financial (NYSE:COF) Insider Sells $415,643.19 in Stock

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 2,017 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $206.07, for a total transaction of $415,643.19. Following the sale, the insider owned 57,696 shares of the company’s stock, valued at approximately $11,889,414.72. The trade was a 3.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 value of $425,781.76.

Capital One Financial Price Performance

Shares of NYSE COF opened at $201.91 on Friday. The stock has a fifty day simple moving average of $213.03 and a two-hundred day simple moving average of $198.39. Capital One Financial Corporation has a 1-year low of $174.24 and a 1-year high of $259.64. The firm has a market cap of $123.87 billion, a price-to-earnings ratio of 12.49, a price-to-earnings-growth ratio of 0.74 and a beta of 1.02. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39.

Capital One Financial (NYSE:COFGet Free Report) last released its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.79 by $1.02. The business had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The business’s revenue for the quarter was up 26.9% on a year-over-year basis. During the same period last year, the business posted $5.48 earnings per share. Analysts anticipate that Capital One Financial Corporation will post 20.3 earnings per share for the current year.

Capital One Financial Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on COF. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Capital One Financial in a research report on Thursday, August 20th. BTIG Research raised their price objective on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Weiss Ratings upgraded shares of Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Bank of America dropped their target price on Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Finally, Piper Sandler started coverage on Capital One Financial in a research report on Monday, June 29th. They issued an “overweight” rating and a $254.00 price target for the company. Twenty-one equities 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.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $258.91.

Check Out Our Latest Analysis on COF

Hedge Funds Weigh In On Capital One Financial

Several hedge funds have recently bought and sold shares of the company. First Command Advisory Services Inc. increased its holdings in Capital One Financial by 4.5% during the 4th quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock worth $259,000 after acquiring an additional 46 shares during the period. Fiducient Advisors LLC boosted its holdings in Capital One Financial by 4.2% in the 4th quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider’s stock valued at $290,000 after purchasing an additional 48 shares during the period. Allen Capital Group LLC grew its position in shares of Capital One Financial by 4.2% during the 4th quarter. Allen Capital Group LLC now owns 1,230 shares of the financial services provider’s stock valued at $298,000 after purchasing an additional 50 shares in the last quarter. Zhang Financial LLC increased its holdings in shares of Capital One Financial by 1.7% in the fourth quarter. Zhang Financial LLC now owns 3,050 shares of the financial services provider’s stock worth $739,000 after purchasing an additional 50 shares during the period. Finally, Bell Investment Advisors Inc increased its holdings in shares of Capital One Financial by 17.8% in the first quarter. Bell Investment Advisors Inc now owns 344 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 52 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

About Capital One Financial

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Capital One Financial (NYSE:COF)

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