Capital One Financial (NYSE:COF) Director Peter Raskind Sells 1,681 Shares of Company Stock

Capital One Financial Corporation (NYSE:COF) Director Peter Raskind sold 1,681 shares of Capital One Financial stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $201.79, for a total transaction of $339,208.99. Following the transaction, the director owned 32,715 shares of the company’s stock, valued at $6,601,559.85. The trade was a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a legal 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 Down 1.6%

Shares of COF traded down $3.24 during mid-day trading on Monday, reaching $198.63. The company had a trading volume of 7,104,431 shares, compared to its average volume of 4,642,821. Capital One Financial Corporation has a 52 week low of $174.24 and a 52 week high of $259.64. 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 company has a market capitalization of $119.48 billion, a price-to-earnings ratio of 11.73, a price-to-earnings-growth ratio of 0.92 and a beta of 1.10. The firm has a 50-day moving average price of $203.60 and a 200 day moving average price of $200.92.

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

Capital One Financial Announces Dividend

The business 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 dividend of $0.80 per share. The ex-dividend date is Monday, November 16th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.89%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. UBS Group dropped their price target on shares of Capital One Financial from $280.00 to $274.00 and set a “buy” rating on the stock in a research note on Monday, November 2nd. Citigroup increased their price objective on shares of Capital One Financial from $280.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, October 21st. TD Cowen raised their price objective on shares of Capital One Financial from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, October 21st. Barclays lifted their target price on shares of Capital One Financial from $237.00 to $238.00 and gave the stock an “overweight” rating in a report on Wednesday, October 21st. Finally, Piper Sandler lifted their target price on shares of Capital One Financial from $260.00 to $269.00 and gave the stock an “overweight” rating in a report on Wednesday, October 21st. Twenty equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.50.

Institutional Trading of Capital One Financial

A number of institutional investors and hedge funds have recently modified their holdings of the business. Compass Wealth Management LLC bought a new position in Capital One Financial during the third quarter valued at approximately $25,000. Solstein Capital LLC bought a new stake in Capital One Financial during the second quarter valued at about $26,000. Torren Management LLC increased its holdings in Capital One Financial by 114.8% in the 3rd quarter. Torren Management LLC now owns 131 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 70 shares in the last quarter. Gilpin Wealth Management LLC purchased a new position in Capital One Financial during the third quarter valued at approximately $27,000. Finally, Ballast Advisors LLC bought a new position in shares of Capital One Financial in the first quarter worth approximately $27,000. Institutional investors own 89.84% of the company’s stock.

About Capital One Financial