Ravi Raghu Sells 9,726 Shares of Capital One Financial (NYSE:COF) Stock

Capital One Financial Corporation (NYSE:COF) insider Ravi Raghu sold 9,726 shares of the business’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the completion of the sale, the insider owned 26,328 shares in the company, valued at approximately $5,523,087.84. The trade was a 26.98% 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.

Capital One Financial Trading Up 2.0%

Shares of Capital One Financial stock opened at $222.00 on Wednesday. The firm has a market cap of $136.19 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 0.80 and a beta of 1.02. The business has a 50-day moving average price of $199.03 and a 200-day moving average price of $198.60. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64.

Capital One Financial (NYSE:COF) last issued its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The business’s revenue was up 26.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.48 earnings per share. Equities research analysts anticipate that Capital One Financial Corporation will post 20.19 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.4%. Capital One Financial’s payout ratio is presently 19.80%.

Trending Headlines about Capital One Financial

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: Strong earnings momentum: Capital One’s latest quarter produced $5.81 in earnings per share, well above the $4.79 analyst consensus, while revenue increased 26.9% year over year to $15.83 billion. The earnings beat and robust revenue growth provide fundamental support for the stock.
• Positive Sentiment: Positive momentum and analyst attention: Zacks characterized COF as a strong momentum stock, and Goldman Sachs reportedly included a major financial company on its August conviction list. Such recognition may encourage additional investor interest. Zacks momentum stock article Goldman Sachs conviction list article
• Positive Sentiment: Payments expansion remains a potential growth driver: Industry coverage highlighted Capital One’s efforts to move beyond basic payments through money movement, tokenization, data and other value-added services. These initiatives could improve customer retention and support longer-term revenue growth. Card networks growth strategy article
• Neutral Sentiment: Insider selling was conducted under a preset plan: Ravi Raghu sold 9,726 COF shares for approximately $2.04 million, reducing his holdings by about 27%. The size of the sale may attract attention, but its execution under a pre-arranged Rule 10b5-1 plan makes it a relatively weak discretionary bearish signal. Capital One insider sale article
• Negative Sentiment: Trump Organization account closures create headline risk: Capital One disclosed that it closed hundreds of Trump Organization-related accounts in 2021 after a months-long anti-money-laundering review. The bank did not accuse the organization of money laundering and said the decision was based on transaction patterns covered by federal guidance, but the disclosure could fuel political scrutiny and reputational concerns. Banking Dive AML review article

Hedge Funds Weigh In On Capital One Financial

Institutional investors and hedge funds have recently modified their holdings of the stock. Wealth Enhancement Trust Services Inc. bought a new stake in shares of Capital One Financial during the 4th quarter worth approximately $1,303,000. HighTower Advisors LLC grew its position in Capital One Financial by 18.1% in the 4th quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider’s stock valued at $85,739,000 after acquiring an additional 54,263 shares during the last quarter. Swiss Life Asset Management Ltd grew its position in Capital One Financial by 11.2% in the 4th quarter. Swiss Life Asset Management Ltd now owns 115,843 shares of the financial services provider’s stock valued at $28,076,000 after acquiring an additional 11,651 shares during the last quarter. Vanguard Group Inc. increased its stake in Capital One Financial by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock worth $13,789,615,000 after purchasing an additional 360,071 shares during the period. Finally, Nomura Asset Management Co. Ltd. increased its stake in Capital One Financial by 2.9% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 223,977 shares of the financial services provider’s stock worth $54,283,000 after purchasing an additional 6,225 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on COF. Rothschild & Co Redburn lowered their target price on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Wall Street Zen cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a research report on Sunday. Royal Bank Of Canada decreased their price target on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a research note on Friday, April 10th. TD Cowen lowered their price objective on shares of Capital One Financial from $260.00 to $253.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Finally, Truist Financial dropped their price objective on shares of Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Twenty equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $259.36.

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.