Key Points
- Capital One insider Lia Dean sold 1,887 shares at an average price of $195.86, generating $369,587.82. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced her ownership by 3.08% to 59,308 shares.
- Capital One reported quarterly adjusted earnings of $5.81 per share, exceeding estimates of $4.79, while revenue rose 26.9% year over year to $15.83 billion.
- Wall Street maintains a “Moderate Buy” consensus on COF, with 20 Buy ratings and five Holds and an average price target of $255.04, compared with a recent share price near $199.86.
Capital One Financial Corporation (NYSE:COF) insider Lia Dean sold 1,887 shares of the company's stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $195.86, for a total transaction of $369,587.82. Following the sale, the insider directly owned 59,308 shares in the company, valued at approximately $11,616,064.88. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Lia Dean also recently made the following trade(s):
- On Tuesday, September 15th, Lia Dean sold 2,066 shares of Capital One Financial stock. The stock was sold at an average price of $206.07, for a total transaction of $425,740.62.
- On Monday, August 17th, Lia Dean sold 2,193 shares of Capital One Financial stock. The shares were sold at an average price of $225.52, for a total transaction of $494,565.36.
Capital One Financial Stock Performance
NYSE COF opened at $199.86 on Tuesday. The firm has a market cap of $122.61 billion, a P/E ratio of 12.37, a price-to-earnings-growth ratio of 0.97 and a beta of 1.04. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. The company's 50 day moving average is $207.70 and its 200-day moving average is $200.51. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64.
Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping the consensus estimate 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 company had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. During the same period last year, the firm earned $5.48 EPS. Capital One Financial's revenue for the quarter was up 26.9% on a year-over-year basis. Sell-side analysts predict that Capital One Financial Corporation will post 20.36 earnings per share for the current year.
Capital One Financial Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were given a dividend of $0.80 per share. The ex-dividend date was Monday, August 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. Capital One Financial's dividend payout ratio is currently 19.80%.
Institutional Investors Weigh In On Capital One Financial
A number of institutional investors and hedge funds have recently made changes to their positions in COF. CWA Asset Management Group LLC grew its holdings in shares of Capital One Financial by 5.7% during the third quarter. CWA Asset Management Group LLC now owns 3,858 shares of the financial services provider's stock worth $745,000 after purchasing an additional 208 shares in the last quarter. Investment Research Partners LLC increased its position in shares of Capital One Financial by 32.7% in the third quarter. Investment Research Partners LLC now owns 2,923 shares of the financial services provider's stock worth $564,000 after purchasing an additional 720 shares during the last quarter. AA Financial Advisors LLC raised its stake in Capital One Financial by 17.8% in the third quarter. AA Financial Advisors LLC now owns 2,192 shares of the financial services provider's stock valued at $423,000 after purchasing an additional 331 shares in the last quarter. Abel Hall LLC raised its stake in Capital One Financial by 16.2% in the third quarter. Abel Hall LLC now owns 2,256 shares of the financial services provider's stock valued at $436,000 after purchasing an additional 314 shares in the last quarter. Finally, Kaufman Rossin Wealth LLC purchased a new stake in Capital One Financial in the third quarter valued at approximately $405,000. Hedge funds and other institutional investors own 89.84% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the company. Barclays cut their price target on Capital One Financial from $240.00 to $237.00 and set an "overweight" rating for the company in a report on Monday, October 5th. TD Cowen decreased their price objective on Capital One Financial from $253.00 to $242.00 and set a "buy" rating on the stock in a research note on Tuesday, October 6th. Morgan Stanley dropped their price objective on Capital One Financial from $273.00 to $267.00 and set an "overweight" rating on the stock in a report on Monday, October 12th. HSBC raised Capital One Financial from a "hold" rating to a "buy" rating and increased their price objective for the stock from $226.00 to $229.00 in a report on Sunday, July 12th. Finally, Evercore set a $220.00 target price on Capital One Financial in a research note on Thursday, October 1st. Twenty equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $255.04.
Get Our Latest Stock Report on COF
Capital One Financial Company Profile
(
Get Free Report)
Capital One Financial Corporation is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company operates as a bank holding company through Capital One, N.A., providing financial products and services to consumers, small businesses and commercial customers.
Capital One is best known for its credit card business, which offers a range of consumer and business cards. Its other activities include consumer banking products such as checking and savings accounts, auto loans and retail banking services, as well as commercial banking services for businesses and institutions.
The company primarily serves customers in the United States through digital channels, branches and other distribution networks.
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