Capital One Financial Co. (NYSE:COF) insider Jory A. Berson sold 24,435 shares of the company’s stock in a transaction that occurred on Monday, June 7th. The stock was sold at an average price of $164.41, for a total value of $4,017,358.35. The sale was disclosed in a filing with the SEC, which is available at this link.
COF opened at $158.74 on Friday. The firm has a market cap of $71.67 billion, a price-to-earnings ratio of 10.42, a P/E/G ratio of 0.38 and a beta of 1.78. Capital One Financial Co. has a 52-week low of $57.30 and a 52-week high of $168.00. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.61. The stock’s fifty day moving average is $149.28.
Capital One Financial (NYSE:COF) last released its earnings results on Tuesday, April 27th. The financial services provider reported $7.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.17 by $2.86. The company had revenue of $7.11 billion for the quarter, compared to analyst estimates of $7.02 billion. Capital One Financial had a return on equity of 12.76% and a net margin of 23.91%. Capital One Financial’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the firm posted ($3.02) EPS. As a group, equities analysts anticipate that Capital One Financial Co. will post 18.81 EPS for the current year.
A number of brokerages have recently issued reports on COF. Bank of America initiated coverage on Capital One Financial in a research note on Friday, June 4th. They set a “buy” rating and a $192.00 price objective on the stock. Morgan Stanley increased their price target on Capital One Financial from $150.00 to $162.00 and gave the company an “overweight” rating in a research note on Wednesday, April 28th. Oppenheimer increased their price target on Capital One Financial from $130.00 to $155.00 in a research note on Wednesday, April 28th. Zacks Investment Research cut Capital One Financial from a “strong-buy” rating to a “hold” rating and set a $136.00 price target on the stock. in a research note on Tuesday, March 30th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Capital One Financial from $135.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, April 29th. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $147.63.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vantage Consulting Group Inc grew its holdings in shares of Capital One Financial by 4.1% during the 1st quarter. Vantage Consulting Group Inc now owns 1,767 shares of the financial services provider’s stock worth $225,000 after purchasing an additional 69 shares in the last quarter. Parsons Capital Management Inc. RI boosted its stake in Capital One Financial by 1.6% in the first quarter. Parsons Capital Management Inc. RI now owns 4,422 shares of the financial services provider’s stock valued at $563,000 after buying an additional 70 shares in the last quarter. Lindbrook Capital LLC boosted its stake in Capital One Financial by 28.2% in the first quarter. Lindbrook Capital LLC now owns 323 shares of the financial services provider’s stock valued at $41,000 after buying an additional 71 shares in the last quarter. AMG National Trust Bank boosted its stake in Capital One Financial by 0.7% in the first quarter. AMG National Trust Bank now owns 11,316 shares of the financial services provider’s stock valued at $1,440,000 after buying an additional 83 shares in the last quarter. Finally, Aspiriant LLC boosted its stake in Capital One Financial by 3.5% in the first quarter. Aspiriant LLC now owns 2,466 shares of the financial services provider’s stock valued at $314,000 after buying an additional 84 shares in the last quarter. 91.23% of the stock is currently owned by institutional investors.
Capital One Financial Company Profile
Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.
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