Capital One Financial (NYSE:COF) Stock: Insider Matthew Cooper Sells 3,500 Shares

Capital One Financial Corporation (NYSE:COF) General Counsel Matthew Cooper sold 3,500 shares of the company’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $196.22, for a total transaction of $686,770.00. Following the completion of the transaction, the general counsel owned 79,694 shares in the company, valued at $15,637,556.68. This trade represents a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Capital One Financial Stock Performance

NYSE:COF traded up $0.07 during mid-day trading on Wednesday, reaching $195.89. 3,216,178 shares of the company’s stock were exchanged, compared to its average volume of 4,660,937. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. 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 business’s fifty day simple moving average is $210.85 and its two-hundred day simple moving average is $199.42. The firm has a market capitalization of $120.17 billion, a PE ratio of 12.12, a price-to-earnings-growth ratio of 0.72 and a beta of 1.04.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $15.76 billion. During the same quarter in the prior year, the business posted $5.48 EPS. The business’s revenue was up 26.9% compared to the same quarter last year. Analysts anticipate that Capital One Financial Corporation will post 20.32 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were issued a $0.80 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $3.20 annualized dividend and a yield of 1.6%. Capital One Financial’s payout ratio is currently 19.80%.

Hedge Funds Weigh In On Capital One Financial

Institutional investors have recently modified their holdings of the business. Bank & Trust Co raised its stake in shares of Capital One Financial by 2.0% in the third quarter. Bank & Trust Co now owns 5,216 shares of the financial services provider’s stock valued at $989,000 after buying an additional 104 shares during the period. S.E.E.D. Planning Group LLC boosted its stake in Capital One Financial by 203.6% in the 3rd quarter. S.E.E.D. Planning Group LLC now owns 3,722 shares of the financial services provider’s stock worth $719,000 after purchasing an additional 2,496 shares during the period. Kwmg LLC boosted its holdings in Capital One Financial by 2.5% in the 3rd quarter. Kwmg LLC now owns 39,426 shares of the financial services provider’s stock valued at $7,612,000 after purchasing an additional 965 shares during the period. First Community Trust NA raised its position in shares of Capital One Financial by 76.9% in the third quarter. First Community Trust NA now owns 1,123 shares of the financial services provider’s stock worth $217,000 after buying an additional 488 shares in the last quarter. Finally, Legacy Private Trust Co. boosted its stake in Capital One Financial by 1,544.0% during the third quarter. Legacy Private Trust Co. now owns 22,983 shares of the financial services provider’s stock valued at $4,437,000 after buying an additional 21,585 shares during the period. 89.84% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on COF. JPMorgan Chase & Co. raised their price target on Capital One Financial from $215.00 to $245.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Bank of America decreased their price target on Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Piper Sandler increased their price objective on shares of Capital One Financial from $254.00 to $260.00 and gave the company an “overweight” rating in a research note on Monday, September 28th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Capital One Financial in a research note on Thursday, August 20th. Finally, Citigroup decreased their price objective on Capital One Financial from $295.00 to $280.00 and set a “buy” rating for the company in a report on Tuesday, September 29th. Twenty-one research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $257.77.

About Capital One Financial

Capital One Financial Corp. is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company provides credit cards, consumer banking products, auto financing and commercial banking services through its Capital One brand.

Capital One offers credit cards for consumers and businesses, checking and savings accounts, certificates of deposit, personal loans and auto loans. Its commercial banking operations serve businesses, institutions and commercial real estate clients with lending, deposit, treasury management and other financial services.

Capital One primarily serves customers in the United States, with additional operations in Canada and the United Kingdom.