Capital One Financial (NYSE:COF) Insider Sells $504,338.40 in Stock

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 2,064 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $244.35, for a total value of $504,338.40. Following the transaction, the insider directly owned 61,373 shares of the company’s stock, valued at $14,996,492.55. This represents a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Celia Karam also recently made the following trade(s):

• On Monday, December 1st, Celia Karam sold 2,936 shares of Capital One Financial stock. The shares were sold at an average price of $218.15, for a total value of $640,488.40.

Capital One Financial Stock Up 2.9%

NYSE COF traded up $7.21 during trading on Tuesday, hitting $257.72. The stock had a trading volume of 5,245,598 shares, compared to its average volume of 3,846,899. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $259.64. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. The company’s 50-day moving average price is $227.70 and its two-hundred day moving average price is $220.85. The company has a market capitalization of $163.84 billion, a PE ratio of 108.74, a P/E/G ratio of 0.56 and a beta of 1.13.

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

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were given a dividend of $0.80 per share. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.2%. Capital One Financial’s payout ratio is presently 135.02%.

Institutional Trading of Capital One Financial

Several hedge funds and other institutional investors have recently modified their holdings of COF. Earned Wealth Advisors LLC bought a new position in Capital One Financial during the 2nd quarter worth $254,000. Plancorp LLC bought a new stake in shares of Capital One Financial in the second quarter valued at about $272,000. CIBC Asset Management Inc grew its stake in shares of Capital One Financial by 53.9% in the second quarter. CIBC Asset Management Inc now owns 88,505 shares of the financial services provider’s stock valued at $18,830,000 after acquiring an additional 30,991 shares in the last quarter. Smith Chas P & Associates PA Cpas increased its position in Capital One Financial by 1,490.0% during the second quarter. Smith Chas P & Associates PA Cpas now owns 43,486 shares of the financial services provider’s stock worth $9,252,000 after acquiring an additional 40,751 shares during the period. Finally, Montecito Bank & Trust bought a new position in Capital One Financial during the third quarter worth about $647,000. Institutional investors own 89.84% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on COF shares. Citigroup raised their price objective on Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, December 31st. Zacks Research downgraded Capital One Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. HSBC boosted their price target on Capital One Financial from $218.00 to $234.00 and gave the stock a “hold” rating in a research report on Thursday, October 23rd. Wolfe Research began coverage on Capital One Financial in a report on Monday, December 8th. They issued an “outperform” rating and a $270.00 price objective for the company. Finally, Jefferies Financial Group lifted their price objective on shares of Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $274.80.

Capital One Financial Company Profile

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.