Insider Selling: Capital One Financial Co. (NYSE:COF) Insider Sells 30,742 Shares of Stock

Capital One Financial Co. (NYSE:COF) insider Robert M. Alexander sold 30,742 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $150.00, for a total value of $4,611,300.00. Following the transaction, the insider now owns 73,734 shares of the company’s stock, valued at approximately $11,060,100. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Capital One Financial Trading Down 1.0 %

Shares of Capital One Financial stock traded down $1.45 on Friday, hitting $147.27. 2,176,226 shares of the company traded hands, compared to its average volume of 2,525,659. The stock’s 50 day moving average price is $138.81 and its 200-day moving average price is $138.13. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.86. Capital One Financial Co. has a 52 week low of $88.23 and a 52 week high of $153.35. The company has a market cap of $55.99 billion, a PE ratio of 11.58, a PEG ratio of 1.17 and a beta of 1.45.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.21 earnings per share for the quarter, missing the consensus estimate of $3.25 by ($0.04). Capital One Financial had a net margin of 10.19% and a return on equity of 9.74%. The company had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.35 billion. During the same period in the prior year, the firm posted $2.31 EPS. The business’s revenue was up 5.6% on a year-over-year basis. Equities research analysts predict that Capital One Financial Co. will post 13.4 EPS for the current year.

Capital One Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend was Friday, May 10th. Capital One Financial’s payout ratio is 18.79%.

Hedge Funds Weigh In On Capital One Financial

Several institutional investors have recently bought and sold shares of the business. Financial Security Advisor Inc. increased its holdings in Capital One Financial by 2.4% during the first quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock valued at $485,000 after buying an additional 75 shares during the period. Valley National Advisers Inc. grew its holdings in Capital One Financial by 0.5% in the first quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock worth $2,435,000 after purchasing an additional 75 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in Capital One Financial by 11.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 75 shares during the last quarter. Smith Chas P & Associates PA Cpas grew its holdings in Capital One Financial by 2.8% in the first quarter. Smith Chas P & Associates PA Cpas now owns 2,829 shares of the financial services provider’s stock worth $421,000 after purchasing an additional 76 shares during the last quarter. Finally, Marcum Wealth LLC grew its holdings in Capital One Financial by 3.6% in the second quarter. Marcum Wealth LLC now owns 2,295 shares of the financial services provider’s stock worth $318,000 after purchasing an additional 79 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on COF. BTIG Research began coverage on shares of Capital One Financial in a report on Friday, June 7th. They issued a “neutral” rating for the company. Wells Fargo & Company increased their price target on shares of Capital One Financial from $160.00 to $165.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. Jefferies Financial Group raised shares of Capital One Financial from a “hold” rating to a “buy” rating and increased their price target for the company from $145.00 to $165.00 in a report on Thursday, June 6th. Evercore ISI lowered their price target on shares of Capital One Financial from $155.00 to $154.00 and set an “in-line” rating for the company in a report on Tuesday, June 25th. Finally, Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $159.00 price target on shares of Capital One Financial in a report on Wednesday, March 27th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $141.35.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.