Capital One Financial (NYSE:COF) Insider Lia Dean Sells 3,284 Shares of Stock

Capital One Financial Corporation (NYSE:COF) insider Lia Dean sold 3,284 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $223.68, for a total transaction of $734,565.12. Following the completion of the transaction, the insider owned 70,162 shares of the company’s stock, valued at approximately $15,693,836.16. The trade was a 4.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Lia Dean also recently made the following trade(s):

• On Friday, January 2nd, Lia Dean sold 3,163 shares of Capital One Financial stock. The shares were sold at an average price of $244.35, for a total transaction of $772,879.05.
• On Monday, December 1st, Lia Dean sold 3,269 shares of Capital One Financial stock. The stock was sold at an average price of $218.15, for a total value of $713,132.35.

Capital One Financial Stock Up 1.8%

COF opened at $220.92 on Friday. The business’s 50-day simple moving average is $235.44 and its 200-day simple moving average is $223.45. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.04 and a current ratio of 1.04. Capital One Financial Corporation has a one year low of $143.22 and a one year high of $259.64. The stock has a market capitalization of $140.45 billion, a P/E ratio of 74.99, a price-to-earnings-growth ratio of 0.66 and a beta of 1.14.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). The firm had revenue of $15.62 billion during the quarter, compared to analyst estimates of $15.49 billion. Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The firm’s revenue for the quarter was up 53.3% compared to the same quarter last year. During the same period last year, the company earned $2.67 earnings per share. Analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th will be given a dividend of $0.80 per share. The ex-dividend date is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.4%. Capital One Financial’s dividend payout ratio (DPR) is 108.11%.

Institutional Trading of Capital One Financial

Institutional investors have recently modified their holdings of the business. Earned Wealth Advisors LLC acquired a new position in shares of Capital One Financial during the second quarter worth about $254,000. Cortland Associates Inc. MO purchased a new stake in shares of Capital One Financial during the 3rd quarter valued at about $14,391,000. CIBC Asset Management Inc lifted its position in Capital One Financial by 53.9% during the 2nd quarter. CIBC Asset Management Inc now owns 88,505 shares of the financial services provider’s stock worth $18,830,000 after acquiring an additional 30,991 shares in the last quarter. Meridian Wealth Management LLC lifted its position in Capital One Financial by 334.8% during the 3rd quarter. Meridian Wealth Management LLC now owns 9,404 shares of the financial services provider’s stock worth $1,999,000 after acquiring an additional 7,241 shares in the last quarter. Finally, Montecito Bank & Trust purchased a new position in Capital One Financial in the 3rd quarter worth approximately $647,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on COF shares. Evercore ISI decreased their price target on shares of Capital One Financial from $290.00 to $265.00 and set an “outperform” rating for the company in a research note on Tuesday, January 27th. Citigroup upped their target price on shares of Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, December 31st. Wells Fargo & Company raised their price target on Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Deutsche Bank Aktiengesellschaft dropped their price target on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research report on Friday, January 23rd. Finally, Keefe, Bruyette & Woods increased their price objective on Capital One Financial from $260.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $274.70.

About Capital One Financial

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.