Capital One Financial Co. (NYSE:COF) Insider Sells $2,005,530.66 in Stock

Capital One Financial Co. (NYSE:COF) insider Michael Zamsky sold 10,541 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total value of $2,005,530.66. Following the transaction, the insider now owns 26,482 shares in the company, valued at $5,038,465.32. This trade represents a 28.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Capital One Financial Stock Performance

Shares of COF stock traded up $1.59 during mid-day trading on Friday, hitting $184.59. 414,230 shares of the stock were exchanged, compared to its average volume of 2,557,913. Capital One Financial Co. has a 12-month low of $104.21 and a 12-month high of $198.30. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $70.42 billion, a price-to-earnings ratio of 17.54, a P/E/G ratio of 1.38 and a beta of 1.43. The stock’s fifty day simple moving average is $156.81 and its two-hundred day simple moving average is $146.06.

Capital One Financial (NYSE:COF) last announced its earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. Capital One Financial had a net margin of 8.80% and a return on equity of 9.00%. The business had revenue of $10 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same period last year, the firm posted $4.45 earnings per share. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. On average, analysts forecast that Capital One Financial Co. will post 13.46 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

Hedge Funds Weigh In On Capital One Financial

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bleakley Financial Group LLC grew its holdings in shares of Capital One Financial by 20.6% during the first quarter. Bleakley Financial Group LLC now owns 7,054 shares of the financial services provider’s stock worth $1,050,000 after buying an additional 1,205 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in Capital One Financial by 21.4% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 27,493 shares of the financial services provider’s stock worth $4,093,000 after buying an additional 4,840 shares during the last quarter. SageView Advisory Group LLC purchased a new stake in Capital One Financial in the 1st quarter valued at about $313,000. Kingsview Wealth Management LLC increased its stake in shares of Capital One Financial by 4.6% during the 1st quarter. Kingsview Wealth Management LLC now owns 17,441 shares of the financial services provider’s stock valued at $2,597,000 after acquiring an additional 764 shares during the last quarter. Finally, Picton Mahoney Asset Management boosted its position in shares of Capital One Financial by 38.6% in the first quarter. Picton Mahoney Asset Management now owns 35,159 shares of the financial services provider’s stock worth $5,234,000 after acquiring an additional 9,794 shares during the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on COF shares. Royal Bank of Canada boosted their target price on shares of Capital One Financial from $150.00 to $160.00 and gave the stock a “sector perform” rating in a research note on Friday, October 25th. Citigroup started coverage on Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price objective for the company. Barclays raised their target price on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. Evercore ISI boosted their price target on Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Finally, Bank of America raised their price objective on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $156.35.

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.