Capital One Financial Co. (NYSE:COF) Insider Michael Zamsky Sells 9,560 Shares

Capital One Financial Co. (NYSE:COF) insider Michael Zamsky sold 9,560 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $199.40, for a total value of $1,906,264.00. Following the sale, the insider now directly owns 20,089 shares in the company, valued at $4,005,746.60. This trade represents a 32.24% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Capital One Financial Price Performance

Shares of COF stock opened at $196.59 on Thursday. The firm has a market cap of $75.32 billion, a P/E ratio of 16.96, a P/E/G ratio of 1.19 and a beta of 1.13. Capital One Financial Co. has a fifty-two week low of $128.23 and a fifty-two week high of $210.67. The business’s 50 day moving average price is $174.37 and its 200-day moving average price is $183.21. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 0.98.

Capital One Financial (NYSE:COF) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $4.06 earnings per share for the quarter, topping analysts’ consensus estimates of $3.75 by $0.31. The firm had revenue of $10 billion for the quarter, compared to analyst estimates of $10.07 billion. Capital One Financial had a return on equity of 9.45% and a net margin of 9.46%. On average, equities research analysts anticipate that Capital One Financial Co. will post 15.65 earnings per share for the current year.

Capital One Financial Dividend Announcement

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

Institutional Investors Weigh In On Capital One Financial

Several hedge funds have recently made changes to their positions in the company. OMERS ADMINISTRATION Corp boosted its position in shares of Capital One Financial by 49.1% during the first quarter. OMERS ADMINISTRATION Corp now owns 23,731 shares of the financial services provider’s stock valued at $4,255,000 after purchasing an additional 7,814 shares in the last quarter. Callodine Capital Management LP boosted its position in shares of Capital One Financial by 200.0% during the first quarter. Callodine Capital Management LP now owns 150,000 shares of the financial services provider’s stock valued at $26,895,000 after purchasing an additional 100,000 shares in the last quarter. Truvestments Capital LLC bought a new stake in shares of Capital One Financial during the first quarter valued at approximately $236,000. Silvant Capital Management LLC boosted its position in shares of Capital One Financial by 1,670.7% during the first quarter. Silvant Capital Management LLC now owns 7,862 shares of the financial services provider’s stock valued at $1,410,000 after purchasing an additional 7,418 shares in the last quarter. Finally, CreativeOne Wealth LLC boosted its position in shares of Capital One Financial by 4.6% during the first quarter. CreativeOne Wealth LLC now owns 4,903 shares of the financial services provider’s stock valued at $879,000 after purchasing an additional 217 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on COF. Wells Fargo & Company raised their price target on Capital One Financial from $210.00 to $225.00 and gave the company an “overweight” rating in a report on Thursday, April 24th. Robert W. Baird raised Capital One Financial from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $190.00 to $200.00 in a report on Tuesday, March 11th. JPMorgan Chase & Co. decreased their price objective on Capital One Financial from $198.00 to $170.00 and set a “neutral” rating on the stock in a report on Tuesday, April 8th. Barclays raised their price objective on Capital One Financial from $219.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Finally, BTIG Research raised Capital One Financial from a “neutral” rating to a “buy” rating and set a $208.00 price target on the stock in a research note on Tuesday, March 25th. Four equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.