Capital One Financial (NYSE:COF) Insider Lia Dean Sells 2,193 Shares of Stock

Capital One Financial Corporation (NYSE:COF) insider Lia Dean sold 2,193 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $225.52, for a total transaction of $494,565.36. Following the transaction, the insider owned 63,261 shares in the company, valued at $14,266,620.72. The trade was a 3.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Capital One Financial Trading Down 0.1%

Shares of Capital One Financial stock opened at $221.23 on Wednesday. The company has a 50-day moving average of $206.52 and a two-hundred day moving average of $198.10. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. The stock has a market cap of $135.72 billion, a PE ratio of 13.69, a price-to-earnings-growth ratio of 0.84 and a beta of 1.02.

Capital One Financial (NYSE:COF) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share for the quarter, topping analysts’ consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%.The business had revenue of $15.83 billion for the quarter, compared to analysts’ expectations of $15.76 billion. During the same quarter in the prior year, the firm posted $5.48 EPS. The company’s revenue was up 26.9% compared to the same quarter last year. On average, research analysts anticipate that Capital One Financial Corporation will post 20.29 EPS for the current fiscal year.

Capital One Financial Announces Dividend

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 issued a $0.80 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.20 annualized dividend and a yield of 1.4%. Capital One Financial’s dividend payout ratio is 19.80%.

Institutional Trading of Capital One Financial

Several institutional investors and hedge funds have recently made changes to their positions in COF. Beacon Pointe Advisors LLC purchased a new stake in Capital One Financial during the 2nd quarter worth about $13,446,000. Pin Oak Investment Advisors Inc. acquired a new position in Capital One Financial in the 2nd quarter valued at about $44,000. 49 Wealth Management LLC purchased a new position in Capital One Financial in the 2nd quarter valued at about $210,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in Capital One Financial in the 2nd quarter valued at about $726,000. Finally, Rakuten Investment Management Inc. acquired a new stake in shares of Capital One Financial during the 2nd quarter worth about $20,308,000. 89.84% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. TD Cowen cut their price target on 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. Wall Street Zen cut shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Bank of America dropped their target price on shares of Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a report on Thursday, July 9th. BTIG Research lifted their target price on shares of Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Finally, HSBC raised shares of Capital One Financial from a “hold” rating to a “buy” rating and upped their price target for the company from $226.00 to $229.00 in a report on Sunday, July 12th. Twenty-one research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $259.36.

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.