Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 1,888 shares of the business's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $225.52, for a total value of $425,781.76. Following the transaction, the insider directly owned 59,708 shares of the company's stock, valued at $13,465,348.16. This represents a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Capital One Financial Stock Performance
COF opened at $221.23 on Wednesday. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The firm has a market capitalization of $135.72 billion, a P/E ratio of 13.69, a price-to-earnings-growth ratio of 0.84 and a beta of 1.02. The stock's 50 day moving average price is $206.52 and its two-hundred day moving average price is $198.10. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39.
Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The company had revenue of $15.83 billion during the quarter, compared to analysts' expectations of $15.76 billion. During the same period in the prior year, the business earned $5.48 earnings per share. Capital One Financial's revenue for the quarter was up 26.9% compared to the same quarter last year. On average, equities analysts forecast that Capital One Financial Corporation will post 20.29 earnings per share for the current year.
Capital One Financial Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, August 17th. Capital One Financial's dividend payout ratio (DPR) is currently 19.80%.
Hedge Funds Weigh In On Capital One Financial
Hedge funds and other institutional investors have recently made changes to their positions in the business. Brighton Jones LLC increased its stake in Capital One Financial by 330.1% in the fourth quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider's stock valued at $2,423,000 after acquiring an additional 10,428 shares during the period. Intech Investment Management LLC lifted its stake in Capital One Financial by 44.3% during the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider's stock worth $1,608,000 after purchasing an additional 2,753 shares during the period. Sivia Capital Partners LLC lifted its stake in Capital One Financial by 118.3% during the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider's stock worth $702,000 after purchasing an additional 1,788 shares during the period. Flow Traders U.S. LLC acquired a new stake in Capital One Financial during the second quarter valued at approximately $218,000. Finally, Jump Financial LLC acquired a new stake in Capital One Financial during the second quarter valued at approximately $1,086,000. 89.84% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of research analysts have recently commented on the stock. Truist Financial cut their price objective on shares of Capital One Financial from $275.00 to $255.00 and set a "buy" rating for the company in a research report on Thursday, April 23rd. Piper Sandler assumed coverage on Capital One Financial in a research note on Monday, June 29th. They set an "overweight" rating and a $254.00 price target on the stock. Argus cut their price target on Capital One Financial from $260.00 to $250.00 and set a "buy" rating for the company in a report on Thursday, April 23rd. HSBC upgraded Capital One Financial from a "hold" rating to a "buy" rating and raised their price objective for the stock from $226.00 to $229.00 in a research report on Sunday, July 12th. Finally, BTIG Research lifted their price objective on Capital One Financial from $224.00 to $259.00 and gave the stock a "buy" rating in a report on Tuesday, June 30th. Twenty-one investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus price target of $259.36.
Check Out 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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