Insider Selling: Capital One Financial Co. (NYSE:COF) Insider Sells 721 Shares of Stock

Capital One Financial Co. (NYSE:COF) insider Kara West sold 721 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares in the company, valued at $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Capital One Financial Stock Performance

Shares of COF opened at $183.00 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.78. The business has a 50-day simple moving average of $156.00 and a two-hundred day simple moving average of $145.81. The stock has a market cap of $69.82 billion, a price-to-earnings ratio of 17.28, a PEG ratio of 1.38 and a beta of 1.43. Capital One Financial Co. has a 52 week low of $104.21 and a 52 week high of $198.30.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. The business had revenue of $10 billion during the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.45 earnings per share. On average, analysts expect that Capital One Financial Co. will post 13.46 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Thursday, November 14th. Capital One Financial’s payout ratio is 22.66%.

Institutional Trading of Capital One Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. LRI Investments LLC purchased a new stake in shares of Capital One Financial during the first quarter worth about $25,000. Y.D. More Investments Ltd purchased a new stake in shares of Capital One Financial during the second quarter worth about $28,000. Hobbs Group Advisors LLC purchased a new stake in shares of Capital One Financial during the second quarter worth about $29,000. Unique Wealth Strategies LLC purchased a new stake in shares of Capital One Financial during the second quarter worth about $36,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Capital One Financial during the third quarter worth about $36,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on COF shares. Royal Bank of Canada boosted their target price on Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Barclays upped their price target on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Robert W. Baird upped their price target on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. JPMorgan Chase & Co. upped their price target on Capital One Financial from $156.00 to $157.00 and gave the company a “neutral” rating in a report on Monday, October 7th. Finally, Citigroup started coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $156.35.

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.