Insider Selling: Capital One Financial (NYSE:COF) Insider Sells 1,749 Shares of Stock

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 1,749 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the sale, the insider owned 61,579 shares of the company’s stock, valued at approximately $11,858,883.82. The trade was a 2.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 Wednesday, April 1st, Celia Karam sold 1,099 shares of Capital One Financial stock. The shares were sold at an average price of $185.61, for a total value of $203,985.39.

Capital One Financial Price Performance

NYSE:COF traded down $1.83 on Monday, reaching $190.08. 3,531,191 shares of the company’s stock traded hands, compared to its average volume of 5,330,146. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. The stock has a 50-day simple moving average of $190.44 and a 200-day simple moving average of $213.44. The firm has a market cap of $118.22 billion, a PE ratio of 66.70, a P/E/G ratio of 0.70 and a beta of 1.05. Capital One Financial Corporation has a 12 month low of $174.98 and a 12 month high of $259.64.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. Capital One Financial’s revenue was up 52.3% compared to the same quarter last year. During the same period in the prior year, the business earned $4.06 earnings per share. Equities research analysts forecast that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.7%. Capital One Financial’s dividend payout ratio (DPR) is currently 112.28%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft decreased their price target on Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Wall Street Zen cut Capital One Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. BTIG Research reissued a “buy” rating and set a $224.00 price target on shares of Capital One Financial in a report on Wednesday, April 22nd. Truist Financial reduced their target price on Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Finally, Evercore reduced their target price on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a report on Monday, April 6th. Eighteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Capital One Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.14.

Hedge Funds Weigh In On Capital One Financial

Several institutional investors have recently bought and sold shares of COF. Evolution Wealth Management Inc. raised its position in shares of Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after buying an additional 90 shares in the last quarter. VSM Wealth Advisory LLC purchased a new position in Capital One Financial in the fourth quarter worth about $27,000. Cherry Tree Wealth Management LLC grew its position in Capital One Financial by 1,312.5% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 105 shares in the last quarter. Osterweis Capital Management Inc. purchased a new position in Capital One Financial in the fourth quarter worth about $29,000. Finally, CrossGen Wealth LLC purchased a new position in Capital One Financial in the fourth quarter worth about $30,000. Institutional investors own 89.84% of the company’s stock.

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.