Capital One Financial Co. (NYSE:COF) Insider Sells $1,246,810.24 in Stock

Capital One Financial Co. (NYSE:COF) insider Timothy P. Golden sold 8,656 shares of the company’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $144.04, for a total transaction of $1,246,810.24. Following the completion of the transaction, the insider now owns 10,246 shares of the company’s stock, valued at approximately $1,475,833.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Capital One Financial Stock Performance

NYSE COF opened at $142.41 on Friday. The company has a market cap of $54.14 billion, a P/E ratio of 11.15, a P/E/G ratio of 1.03 and a beta of 1.46. Capital One Financial Co. has a 1-year low of $83.93 and a 1-year high of $149.94. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.01 and a quick ratio of 1.00. The stock has a 50-day moving average of $141.17 and a two-hundred day moving average of $127.55.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing analysts’ consensus estimates of $3.25 by ($0.04). The business had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.35 billion. Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.31 EPS. As a group, analysts anticipate that Capital One Financial Co. will post 13.7 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Monday, May 13th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.69%. Capital One Financial’s payout ratio is 18.79%.

Wall Street Analysts Forecast Growth

COF has been the subject of a number of analyst reports. Evercore ISI upped their price target on Capital One Financial from $142.00 to $155.00 and gave the stock an “in-line” rating in a report on Thursday, March 28th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $159.00 target price on shares of Capital One Financial in a research note on Wednesday, March 27th. JPMorgan Chase & Co. increased their target price on Capital One Financial from $134.00 to $152.00 and gave the company a “neutral” rating in a research report on Wednesday, April 3rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Capital One Financial in a report on Wednesday, January 10th. They issued a “hold” rating and a $153.00 price target for the company. Finally, Robert W. Baird downgraded shares of Capital One Financial from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $150.00 to $145.00 in a report on Monday, January 8th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $138.50.

Institutional Trading of Capital One Financial

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Capital One Financial by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 30,666,688 shares of the financial services provider’s stock valued at $4,021,016,000 after purchasing an additional 131,400 shares during the last quarter. Capital World Investors boosted its holdings in shares of Capital One Financial by 2.1% in the 4th quarter. Capital World Investors now owns 14,991,564 shares of the financial services provider’s stock valued at $1,965,761,000 after buying an additional 311,696 shares in the last quarter. Capital Research Global Investors grew its position in shares of Capital One Financial by 16.7% in the 4th quarter. Capital Research Global Investors now owns 12,227,848 shares of the financial services provider’s stock valued at $1,603,316,000 after buying an additional 1,745,545 shares during the last quarter. Pzena Investment Management LLC raised its stake in Capital One Financial by 1.6% during the 4th quarter. Pzena Investment Management LLC now owns 7,751,043 shares of the financial services provider’s stock worth $1,016,317,000 after acquiring an additional 124,055 shares in the last quarter. Finally, Northern Trust Corp lifted its position in Capital One Financial by 2.6% in the third quarter. Northern Trust Corp now owns 3,954,877 shares of the financial services provider’s stock valued at $383,821,000 after acquiring an additional 99,915 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

About Capital One Financial

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.