Capital One Financial (NYSE:COF) CEO Richard Fairbank Sells 90,743 Shares of Company Stock

Capital One Financial Corporation (NYSE:COF) CEO Richard Fairbank sold 90,743 shares of Capital One Financial stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $204.86, for a total value of $18,589,610.98. Following the completion of the transaction, the chief executive officer owned 3,968,520 shares of the company’s stock, valued at approximately $812,991,007.20. The trade was a 2.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Capital One Financial Stock Performance

Shares of NYSE COF traded down $1.80 during trading on Friday, reaching $202.03. The stock had a trading volume of 3,499,782 shares, compared to its average volume of 4,631,165. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $121.53 billion, a PE ratio of 11.93, a P/E/G ratio of 0.94 and a beta of 1.10. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The firm’s 50 day moving average price is $203.90 and its two-hundred day moving average price is $201.06.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $6.69 EPS for the quarter, topping analysts’ consensus estimates of $5.53 by $1.16. The firm had revenue of $16.31 billion during the quarter, compared to the consensus estimate of $16.25 billion. Capital One Financial had a net margin of 13.70% and a return on equity of 11.64%. The firm’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.95 earnings per share. On average, research analysts forecast that Capital One Financial Corporation will post 21.53 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s payout ratio is 18.89%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Morgan Stanley decreased their target price on Capital One Financial from $273.00 to $267.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. Evercore reaffirmed an “outperform” rating and set a $230.00 target price on shares of Capital One Financial in a report on Tuesday, October 27th. Bank of America dropped their price target on Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Finally, Piper Sandler raised their price target on Capital One Financial from $260.00 to $269.00 and gave the stock an “overweight” rating in a report on Wednesday, October 21st. Twenty analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus target price of $256.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Financial Network Wealth Advisors LLC increased its position in Capital One Financial by 27.1% during the third quarter. Financial Network Wealth Advisors LLC now owns 253 shares of the financial services provider’s stock worth $49,000 after buying an additional 54 shares during the last quarter. Aviance Capital Partners LLC increased its position in Capital One Financial by 0.5% during the 3rd quarter. Aviance Capital Partners LLC now owns 12,414 shares of the financial services provider’s stock worth $2,397,000 after buying an additional 57 shares during the period. Bingham Private Wealth LLC increased its position in Capital One Financial by 2.3% during the third quarter. Bingham Private Wealth LLC now owns 2,511 shares of the financial services provider’s stock worth $485,000 after acquiring an additional 57 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Capital One Financial by 3.1% in the second quarter. Revolve Wealth Partners LLC now owns 2,014 shares of the financial services provider’s stock valued at $404,000 after buying an additional 60 shares in the last quarter. Finally, North Dakota State Investment Board raised its holdings in Capital One Financial by 0.3% in the 2nd quarter. North Dakota State Investment Board now owns 18,272 shares of the financial services provider’s stock valued at $3,666,000 after acquiring an additional 62 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Capital One Financial Company Profile