Insider Selling: Capital One Financial (NYSE:COF) Insider Sells $1,193,223.46 in Stock

by · The Markets Daily

Capital One Financial Corporation (NYSE:COF) insider Michael Zamsky sold 5,473 shares of Capital One Financial stock in a transaction on Monday, August 10th. The shares were sold at an average price of $218.02, for a total transaction of $1,193,223.46. Following the completion of the transaction, the insider directly owned 27,992 shares in the company, valued at $6,102,815.84. The trade was a 16.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Capital One Financial Stock Up 0.6%

Shares of NYSE:COF opened at $223.73 on Friday. The stock has a market cap of $137.25 billion, a P/E ratio of 13.84, a P/E/G ratio of 0.82 and a beta of 1.02. The firm has a fifty day moving average price of $204.00 and a 200 day moving average price of $198.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. Capital One Financial Corporation has a 1-year low of $174.24 and a 1-year high of $259.64.

Capital One Financial (NYSE:COF – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating 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 company had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. During the same period in the previous year, the business posted $5.48 earnings per share. Capital One Financial’s quarterly revenue was up 26.9% on a year-over-year basis. Sell-side analysts predict that Capital One Financial Corporation will post 20.19 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, August 17th. Capital One Financial’s payout ratio is 19.80%.

Analyst Upgrades and Downgrades

COF has been the subject of several analyst reports. Rothschild & Co Redburn reduced their price objective on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. UBS Group boosted their target price on Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a report on Monday, August 3rd. BTIG Research upped their price target on Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Morgan Stanley decreased their price target on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Finally, Citigroup decreased their price target on Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Twenty research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Capital One Financial currently has an average rating of “Moderate Buy” and a consensus target price of $259.36.

View Our Latest Stock Analysis on Capital One Financial

Institutional Investors Weigh In On Capital One Financial

A number of institutional investors have recently added to or reduced their stakes in COF. Evolution Wealth Management Inc. lifted its holdings in shares of Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after buying an additional 90 shares during the period. Solstein Capital LLC acquired a new position in Capital One Financial during the second quarter worth $26,000. VSM Wealth Advisory LLC acquired a new position in Capital One Financial during the fourth quarter worth $27,000. Cherry Tree Wealth Management LLC raised its position in Capital One Financial by 1,312.5% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 105 shares in the last quarter. Finally, Ballast Advisors LLC purchased a new position in Capital One Financial in the first quarter worth $27,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Company Profile

(Get Free Report)

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.

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