Capital One Financial (NYSE:COF) CAO Timothy Golden Sells 3,487 Shares of Stock

Capital One Financial Corporation (NYSE:COF) CAO Timothy Golden sold 3,487 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $211.00, for a total value of $735,757.00. Following the completion of the sale, the chief accounting officer directly owned 7,429 shares of the company’s stock, valued at approximately $1,567,519. The trade was a 31.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Capital One Financial Stock Performance

Shares of NYSE COF traded up $1.47 during midday trading on Thursday, hitting $210.18. 4,096,216 shares of the company’s stock were exchanged, compared to its average volume of 5,107,082. 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 firm has a market capitalization of $130.79 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 0.78 and a beta of 1.02. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The company’s 50 day moving average price is $196.82 and its 200 day moving average price is $199.23.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. During the same quarter in the prior year, the business earned $5.48 EPS. The firm’s revenue for the quarter was up 26.9% on a year-over-year basis. As a group, analysts predict that Capital One Financial Corporation will post 20.13 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, August 17th. Capital One Financial’s payout ratio is currently 19.80%.

Analysts Set New Price Targets

COF has been the subject of several research analyst reports. Barclays reduced their target price on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Wall Street Zen raised shares of Capital One Financial from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. The Goldman Sachs Group cut their price objective on shares of 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. UBS Group boosted their price objective on Capital One Financial from $270.00 to $275.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Finally, Evercore lowered their target price on Capital One Financial from $265.00 to $222.00 and set an “outperform” rating on the stock in a research note on Monday, April 6th. Twenty research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $259.14.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in COF. Wealth Enhancement Trust Services Inc. bought a new position in Capital One Financial in the fourth quarter valued at approximately $1,303,000. HighTower Advisors LLC raised its position in Capital One Financial by 18.1% during the fourth quarter. HighTower Advisors LLC now owns 353,767 shares of the financial services provider’s stock valued at $85,739,000 after purchasing an additional 54,263 shares in the last quarter. Swiss Life Asset Management Ltd lifted its stake in Capital One Financial by 11.2% during the fourth 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 during the last quarter. Vanguard Group Inc. lifted its stake in Capital One Financial by 0.6% during the fourth 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 during 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 purchasing an additional 6,225 shares in the last quarter. 89.84% of the stock is owned by institutional investors.

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.