Capital One Financial (NYSE:COF) Insider Celia Karam Sells 1,888 Shares

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 1,888 shares of Capital One Financial stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $225.52, for a total value of $425,781.76. Following the completion of the sale, the insider directly owned 59,708 shares in the company, valued at $13,465,348.16. This represents a 3.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Capital One Financial Stock Down 0.1%

Shares of Capital One Financial stock traded down $0.22 during trading on Tuesday, reaching $221.23. The stock had a trading volume of 3,082,079 shares, compared to its average volume of 3,799,130. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $135.72 billion, a price-to-earnings ratio of 13.69, a P/E/G ratio of 0.84 and a beta of 1.02. The stock has a fifty day moving average price of $206.52 and a two-hundred day moving average price of $198.10. Capital One Financial Corporation has a 52 week low of $174.24 and a 52 week high of $259.64.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.79 by $1.02. The business had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.Capital One Financial’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same quarter last year, the firm earned $5.48 EPS. Sell-side analysts predict that Capital One Financial Corporation will post 20.29 EPS for the current fiscal year.

Capital One Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial’s dividend payout ratio (DPR) is currently 19.80%.

Institutional Inflows and Outflows

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

Wall Street Analysts Forecast Growth

Several research analysts recently commented on COF shares. BTIG Research increased their target price on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Truist Financial reduced 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. Weiss Ratings raised Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Citigroup cut their price target on shares of Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Finally, HSBC raised shares of Capital One Financial from a “hold” rating to a “buy” rating and boosted their target price for the company from $226.00 to $229.00 in a research report on Sunday, July 12th. Twenty-one research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $259.36.

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.