Jason Hanson Sells 3,729 Shares of Capital One Financial (NYSE:COF) Stock

Capital One Financial Corporation (NYSE:COF) insider Jason Hanson sold 3,729 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $205.00, for a total value of $764,445.00. Following the sale, the insider owned 40,230 shares in the company, valued at $8,247,150. The trade was a 8.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Capital One Financial Stock Performance

Shares of Capital One Financial stock opened at $195.26 on Friday. The firm has a market capitalization of $121.44 billion, a P/E ratio of 65.97, a PEG ratio of 0.62 and a beta of 1.14. Capital One Financial Corporation has a 52 week low of $143.22 and a 52 week high of $259.64. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.44. The company has a 50 day moving average price of $227.35 and a 200 day moving average price of $222.95.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.14 by ($0.28). Capital One Financial had a return on equity of 10.68% and a net margin of 3.54%.During the same quarter in the previous year, the firm posted $2.67 earnings per share. Capital One Financial’s revenue for the quarter was up 53.3% on a year-over-year basis. Sell-side analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 19th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.6%. The ex-dividend date is Thursday, February 19th. Capital One Financial’s payout ratio is presently 108.11%.

Analyst Ratings Changes

COF has been the subject of a number of research reports. Truist Financial decreased their target price on Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Monday, January 26th. HSBC decreased their price objective on shares of Capital One Financial from $234.00 to $226.00 and set a “hold” rating for the company in a research note on Tuesday, January 20th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $275.00 price objective on shares of Capital One Financial in a research note on Monday, January 12th. Citigroup raised their target price on shares of Capital One Financial from $290.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, December 31st. Finally, Jefferies Financial Group upped their price target on shares of Capital One Financial from $265.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $274.70.

Institutional Trading of Capital One Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in COF. Evolution Wealth Management Inc. boosted its stake in shares of Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 90 shares in the last quarter. VSM Wealth Advisory LLC acquired a new position in Capital One Financial in the 4th quarter worth about $27,000. Cherry Tree Wealth Management LLC boosted its position in Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares in the last quarter. Osterweis Capital Management Inc. acquired a new stake in Capital One Financial in the fourth quarter valued at approximately $29,000. Finally, CrossGen Wealth LLC purchased a new stake in shares of Capital One Financial in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Company Profile

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.