Capital One Financial (NYSE:COF) Insider Ravi Raghu Sells 9,726 Shares

Capital One Financial Corporation (NYSE:COF) insider Ravi Raghu sold 9,726 shares of Capital One Financial stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $209.78, for a total transaction of $2,040,320.28. Following the transaction, the insider directly owned 26,328 shares in the company, valued at $5,523,087.84. This represents a 26.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Capital One Financial Price Performance

Shares of COF traded up $8.92 during mid-day trading on Monday, reaching $217.93. The stock had a trading volume of 4,225,836 shares, compared to its average volume of 5,093,737. The business has a fifty day moving average of $197.71 and a 200 day moving average of $198.78. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $133.70 billion, a price-to-earnings ratio of 13.49, a PEG ratio of 0.77 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.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating 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 firm had revenue of $15.83 billion for the quarter, compared to the consensus estimate of $15.76 billion. During the same period last year, the firm earned $5.48 EPS. The company’s revenue was up 26.9% on a year-over-year basis. Equities analysts predict that Capital One Financial Corporation will post 20.19 EPS for the current year.

Capital One Financial Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages have recently commented on COF. Wells Fargo & Company lowered their price objective on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft cut their target price on Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. TD Cowen decreased their target price on Capital One Financial from $260.00 to $253.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. Royal Bank Of Canada lowered their price target on Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating on the stock in a report on Friday, April 10th. Finally, 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 report on Tuesday, April 7th. Twenty equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus price target of $259.36.

Institutional Trading of Capital One Financial

Several hedge funds have recently modified their holdings of the company. Evolution Wealth Management Inc. raised its stake in Capital One Financial by 529.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 90 shares in the last quarter. VSM Wealth Advisory LLC purchased a new position in shares of Capital One Financial in the 4th quarter worth $27,000. Cherry Tree Wealth Management LLC grew its stake in shares of Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after buying an additional 105 shares in the last quarter. Ballast Advisors LLC bought a new stake in shares of Capital One Financial in the 1st quarter worth about $27,000. Finally, Strive Asset Management LLC bought a new stake in shares of Capital One Financial in the 3rd quarter worth about $28,000. 89.84% of the stock is owned by hedge funds and other 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.