Capital One Financial (NYSE:COF) Insider Sells $3,362,500.00 in Stock

Capital One Financial Corporation (NYSE:COF) insider Ravi Raghu sold 13,450 shares of Capital One Financial stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $250.00, for a total value of $3,362,500.00. Following the transaction, the insider owned 30,337 shares in the company, valued at approximately $7,584,250. This represents a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Capital One Financial Stock Up 2.9%

Shares of NYSE:COF traded up $7.21 during midday trading on Tuesday, reaching $257.72. 5,245,592 shares of the company were exchanged, compared to its average volume of 3,846,899. The stock has a fifty day simple moving average of $227.70 and a two-hundred day simple moving average of $220.85. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $259.64. The firm has a market cap of $163.84 billion, a PE ratio of 108.74, a P/E/G ratio of 0.56 and a beta of 1.13. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45.

Capital One Financial (NYSE:COF) last announced its earnings results on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The business had revenue of $15.46 billion during the quarter. As a group, sell-side analysts forecast that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were paid a dividend of $0.80 per share. The ex-dividend date was Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio is 135.02%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on COF shares. Wall Street Zen upgraded Capital One Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Truist Financial upped their price target on shares of Capital One Financial from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Citigroup raised their price objective on Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, December 31st. Jefferies Financial Group lifted their price objective on shares of Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, UBS Group dropped their target price on shares of Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research note on Tuesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $274.80.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of COF. Moisand Fitzgerald Tamayo LLC raised its holdings in shares of Capital One Financial by 103.3% during the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 62 shares during the last quarter. Olistico Wealth LLC grew its stake in shares of Capital One Financial by 439.1% during the 2nd quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 101 shares during the period. RMG Wealth Management LLC purchased a new stake in shares of Capital One Financial in the second quarter worth $27,000. Atlantic Edge Private Wealth Management LLC lifted its position in shares of Capital One Financial by 66.7% in the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 50 shares in the last quarter. Finally, Signature Resources Capital Management LLC bought a new position in Capital One Financial in the 2nd quarter worth approximately $28,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

About Capital One Financial

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.