Capital One Financial (NYSE:COF) Insider Jason Hanson Sells 3,729 Shares

Capital One Financial Corporation (NYSE:COF) insider Jason Hanson sold 3,729 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $205.00, for a total transaction of $764,445.00. Following the completion of the sale, the insider owned 40,230 shares in the company, valued at $8,247,150. This represents a 8.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Capital One Financial Price Performance

Shares of Capital One Financial stock traded up $2.64 during mid-day trading on Thursday, reaching $208.43. 4,727,977 shares of the stock were exchanged, compared to its average volume of 5,874,402. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $259.64. The company has a market cap of $129.63 billion, a price-to-earnings ratio of 70.42, a price-to-earnings-growth ratio of 0.58 and a beta of 1.14. The firm has a 50-day simple moving average of $229.02 and a 200 day simple moving average of $223.14. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 EPS for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. The firm’s revenue was up 53.3% compared to the same quarter last year. During the same quarter last year, the business earned $2.67 earnings per share. On average, sell-side analysts predict that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 19th will be given a dividend of $0.80 per share. The ex-dividend date is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. Capital One Financial’s dividend payout ratio is 108.11%.

Hedge Funds Weigh In On Capital One Financial

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

Analyst Upgrades and Downgrades

A number of research firms have commented on COF. Evercore reduced their price objective on Capital One Financial from $290.00 to $265.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 27th. BTIG Research cut their price target on Capital One Financial from $308.00 to $270.00 and set a “buy” rating for the company in a report on Friday, January 23rd. Wells Fargo & Company increased their price objective on shares of Capital One Financial from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Morgan Stanley raised their price objective on shares of Capital One Financial from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $275.00 target price on shares of Capital One Financial in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $274.70.

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.