Capital One Financial (NYSE:COF) Insider Celia Karam Sells 1,888 Shares

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 1,888 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $225.52, for a total value of $425,781.76. Following the completion of the transaction, the insider owned 59,708 shares in the company, valued at $13,465,348.16. This represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Capital One Financial Stock Performance

COF stock opened at $221.23 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $135.72 billion, a P/E ratio of 13.69, a P/E/G ratio of 0.84 and a beta of 1.02. The firm has a 50 day simple moving average of $206.52 and a 200 day simple moving average of $198.10. Capital One Financial Corporation has a 52 week low of $174.24 and a 52 week high of $259.64.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $15.83 billion for the quarter, compared to analyst estimates of $15.76 billion. During the same quarter in the prior year, the business earned $5.48 EPS. The company’s revenue for the quarter was up 26.9% compared to the same quarter last year. Research analysts anticipate that Capital One Financial Corporation will post 20.29 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

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

Wall Street Analysts Forecast Growth

COF has been the subject of several research reports. Truist Financial reduced their price target on Capital One Financial from $275.00 to $255.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. UBS Group raised their price objective on shares of Capital One Financial from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. TD Cowen reduced their target price on shares of Capital One Financial from $260.00 to $253.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Piper Sandler initiated coverage on shares of Capital One Financial in a research report on Monday, June 29th. They issued an “overweight” rating and a $254.00 target price for the company. Finally, Barclays dropped their price target on shares of Capital One Financial from $242.00 to $240.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Twenty-one analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Capital One Financial has a consensus rating of “Moderate Buy” and a consensus target price of $259.36.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in COF. Evolution Wealth Management Inc. raised its position in shares of Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 90 shares during the period. Solstein Capital LLC bought a new stake in shares of Capital One Financial during the 2nd quarter worth $26,000. VSM Wealth Advisory LLC acquired a new position in Capital One Financial in the 4th quarter valued at $27,000. Cherry Tree Wealth Management LLC grew its stake in Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $27,000 after buying an additional 105 shares during the last quarter. Finally, Ballast Advisors LLC bought a new position in Capital One Financial in the 1st quarter worth $27,000. 89.84% of the stock is owned by 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.