Insider Selling: Capital One Financial Co. (NYSE:COF) Insider Sells $133,190.33 in Stock

Capital One Financial Co. (NYSE:COF) insider Kara West sold 721 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $184.73, for a total value of $133,190.33. Following the completion of the sale, the insider now directly owns 12,929 shares in the company, valued at approximately $2,388,374.17. The trade was a 5.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Capital One Financial Price Performance

Shares of COF stock opened at $183.00 on Friday. The firm has a market cap of $69.82 billion, a P/E ratio of 17.28, a P/E/G ratio of 1.38 and a beta of 1.43. Capital One Financial Co. has a fifty-two week low of $104.21 and a fifty-two week high of $198.30. The business’s 50 day moving average price is $156.00 and its 200-day moving average price is $145.81. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.00 and a current ratio of 1.00.

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

Capital One Financial Dividend Announcement

The company also recently declared 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. The ex-dividend date is Thursday, November 14th. This represents a $2.40 annualized dividend and a yield of 1.31%. Capital One Financial’s payout ratio is 22.66%.

Institutional Investors Weigh In On Capital One Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. LRI Investments LLC purchased a new stake in Capital One Financial in the first quarter worth $25,000. Y.D. More Investments Ltd purchased a new stake in Capital One Financial in the second quarter worth $28,000. Hobbs Group Advisors LLC purchased a new stake in Capital One Financial in the second quarter worth $29,000. Unique Wealth Strategies LLC bought a new stake in Capital One Financial in the second quarter worth $36,000. Finally, Catalyst Capital Advisors LLC bought a new stake in Capital One Financial in the third quarter worth $36,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

COF has been the topic of a number of research reports. Royal Bank of Canada raised their price objective on Capital One Financial from $150.00 to $160.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. Robert W. Baird raised their price objective on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Evercore ISI raised their price objective on Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. 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. Finally, Citigroup initiated coverage on Capital One Financial in a report on Friday, September 20th. They set a “buy” rating and a $190.00 price objective on the stock. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $156.35.

About Capital One Financial

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.