Capital One Financial Corporation (NYSE:COF) insider Ravi Raghu sold 9,726 shares of the firm's stock in a transaction on Friday, July 31st. The stock was sold at an average price of $209.78, for a total value of $2,040,320.28. Following the completion of the transaction, the insider directly owned 26,328 shares of the company's stock, valued at approximately $5,523,087.84. This trade represents a 26.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Capital One Financial Trading Up 4.3%
COF stock opened at $217.93 on Tuesday. Capital One Financial Corporation has a 1-year low of $174.24 and a 1-year high of $259.64. The firm has a market cap of $133.70 billion, a P/E ratio of 13.49, a P/E/G ratio of 0.77 and a beta of 1.02. The business's 50 day moving average is $198.32 and its 200-day moving average is $198.69. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39.
Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.79 by $1.02. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The business had revenue of $15.83 billion during the quarter, compared to analysts' expectations of $15.76 billion. During the same quarter last year, the company posted $5.48 EPS. The firm's revenue for the quarter was up 26.9% on a year-over-year basis. Equities analysts anticipate that Capital One Financial Corporation will post 20.19 earnings per share for the current fiscal year.
Capital One Financial Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 17th. Capital One Financial's dividend payout ratio (DPR) is 19.80%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in COF. Wealth Enhancement Trust Services Inc. acquired a new position in Capital One Financial during the fourth quarter valued at approximately $1,303,000. HighTower Advisors LLC increased its position in shares of Capital One Financial by 18.1% during the 4th quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider's stock worth $85,739,000 after purchasing an additional 54,263 shares during the last quarter. Swiss Life Asset Management Ltd raised its stake in shares of Capital One Financial by 11.2% during the 4th quarter. Swiss Life Asset Management Ltd now owns 115,843 shares of the financial services provider's stock worth $28,076,000 after purchasing an additional 11,651 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Capital One Financial by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider's stock worth $13,789,615,000 after purchasing an additional 360,071 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in shares of Capital One Financial by 2.9% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 223,977 shares of the financial services provider's stock valued at $54,283,000 after buying an additional 6,225 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.
More Capital One Financial News
Here are the key news stories impacting Capital One Financial this week:
- Positive Sentiment: Strong momentum and analyst interest: Zacks identified Capital One as a strong momentum stock, while Goldman Sachs added a major financial company to its August conviction list. These endorsements may support investor sentiment and buying interest. Zacks momentum stock article Goldman Sachs conviction list article
- Positive Sentiment: Payments strategy remains a growth focus: Industry commentary highlighted Capital One’s efforts to expand beyond traditional payments, including capabilities tied to credentials, money movement, tokenization, data and value-added services. Such initiatives could strengthen long-term revenue growth and customer retention. Card networks growth strategy article
- Positive Sentiment: Recent financial performance provides support: Capital One’s latest reported quarter included earnings of $5.81 per share, ahead of the $4.79 consensus estimate, while revenue rose 26.9% year over year to $15.83 billion. The earnings beat and revenue growth reinforce the bullish case.
- Neutral Sentiment: Account closures draw political and regulatory attention: Capital One disclosed that it closed more than 300 Trump Organization-affiliated accounts in 2021 following an anti-money-laundering review. The disclosure could create reputational or political risks, although the stated compliance rationale may limit direct financial impact. CNN account closures article
- Neutral Sentiment: Insider sale has limited significance: Director Ravi Raghu sold 9,726 shares worth approximately $2.04 million under a pre-arranged Rule 10b5-1 trading plan. While insider selling can concern investors, the preset plan reduces its value as a discretionary bearish signal. SEC insider transaction filing
Analyst Ratings Changes
COF has been the subject of several analyst reports. The Goldman Sachs Group decreased their target price on Capital One Financial from $300.00 to $260.00 and set a "buy" rating for the company in a research report on Tuesday, April 7th. Morgan Stanley reduced their price target on shares of Capital One Financial from $300.00 to $273.00 and set an "overweight" rating on the stock in a research report on Thursday, April 16th. Bank of America decreased their price target on shares of Capital One Financial from $234.00 to $231.00 and set a "buy" rating for the company in a report on Thursday, July 9th. TD Cowen lowered their price objective on shares of Capital One Financial from $260.00 to $253.00 and set a "buy" rating for the company in a research report on Tuesday, July 7th. Finally, Argus dropped their price objective on Capital One Financial from $260.00 to $250.00 and set a "buy" rating on the stock in a research note on Thursday, April 23rd. Twenty investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Capital One Financial currently has a consensus rating of "Moderate Buy" and a consensus target price of $259.36.
Read Our Latest Research Report on COF
Capital One Financial Company Profile
(
Get Free Report)
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.
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