Capital One Financial Co. (NYSE:COF) Director Ann F. Hackett Sells 1,658 Shares

Capital One Financial Co. (NYSE:COF) Director Ann F. Hackett sold 1,658 shares of the business’s stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $198.70, for a total transaction of $329,444.60. Following the sale, the director now directly owns 56,244 shares of the company’s stock, valued at approximately $11,175,682.80. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Capital One Financial Stock Performance

Shares of COF stock opened at $196.59 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market cap of $75.32 billion, a price-to-earnings ratio of 16.96, a P/E/G ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a 52 week low of $128.23 and a 52 week high of $210.67. The firm’s 50-day simple moving average is $174.37 and its two-hundred day simple moving average is $183.21.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.75 by $0.31. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. The business had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.07 billion. As a group, equities analysts forecast that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.22%. Capital One Financial’s dividend payout ratio is presently 20.15%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Capital One Financial by 4.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,174 shares of the financial services provider’s stock worth $8,234,000 after purchasing an additional 2,006 shares during the period. Geode Capital Management LLC lifted its stake in shares of Capital One Financial by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 8,227,587 shares of the financial services provider’s stock valued at $1,467,393,000 after buying an additional 207,427 shares in the last quarter. Westbourne Investments Inc. bought a new position in Capital One Financial in the 4th quarter worth approximately $410,000. Artemis Investment Management LLP purchased a new position in Capital One Financial in the 4th quarter valued at approximately $46,915,000. Finally, Lone Pine Capital LLC purchased a new position in Capital One Financial in the 4th quarter valued at approximately $577,012,000. Institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

COF has been the subject of a number of analyst reports. Truist Financial lifted their price target on Capital One Financial from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, April 25th. Baird R W raised Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 11th. BTIG Research raised Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target for the company in a research report on Tuesday, March 25th. Argus upgraded Capital One Financial to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Citigroup reduced their target price on shares of Capital One Financial from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and an average target price of $207.73.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.