Capital One Financial (NYSE:COF) Insider Neal Blinde Sells 38,135 Shares

Capital One Financial Corporation (NYSE:COF) insider Neal Blinde sold 38,135 shares of Capital One Financial stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $190.51, for a total transaction of $7,265,098.85. Following the completion of the transaction, the insider owned 33,551 shares in the company, valued at approximately $6,391,801.01. This trade represents a 53.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Capital One Financial Stock Up 1.3%

COF opened at $208.43 on Friday. The business has a 50 day simple moving average of $228.33 and a 200-day simple moving average of $223.04. Capital One Financial Corporation has a 12 month low of $143.22 and a 12 month high of $259.64. The stock has a market capitalization of $129.63 billion, a P/E ratio of 70.42, a P/E/G ratio of 0.61 and a beta of 1.14. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.04 and a quick ratio of 1.04.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $3.86 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 company posted $2.67 EPS. The firm’s revenue was up 53.3% on a year-over-year basis. On average, equities analysts anticipate that Capital One Financial Corporation will post 15.65 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 19th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.20 dividend on an annualized basis and a yield of 1.5%. Capital One Financial’s dividend payout ratio is presently 108.11%.

Institutional Investors Weigh In On Capital One Financial

Large investors have recently modified their holdings of the stock. Brighton Jones LLC grew its stake in Capital One Financial by 330.1% during the 4th quarter. Brighton Jones LLC now owns 13,587 shares of the financial services provider’s stock valued at $2,423,000 after acquiring an additional 10,428 shares in the last quarter. Intech Investment Management LLC boosted its holdings in Capital One Financial by 44.3% in the first quarter. Intech Investment Management LLC now owns 8,968 shares of the financial services provider’s stock worth $1,608,000 after purchasing an additional 2,753 shares in the last quarter. Sivia Capital Partners LLC increased its position in Capital One Financial by 118.3% during the second quarter. Sivia Capital Partners LLC now owns 3,300 shares of the financial services provider’s stock worth $702,000 after buying an additional 1,788 shares during the last quarter. AlphaQuest LLC raised its holdings in Capital One Financial by 99.2% during the second quarter. AlphaQuest LLC now owns 1,309 shares of the financial services provider’s stock valued at $279,000 after buying an additional 652 shares in the last quarter. Finally, Brookwood Investment Group LLC bought a new position in Capital One Financial during the second quarter valued at about $215,000. 89.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on COF shares. Wall Street Zen downgraded shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Citigroup lifted their price target on shares of Capital One Financial from $290.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, December 31st. Jefferies Financial Group increased their target price on shares of Capital One Financial from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. JPMorgan Chase & Co. raised their price objective on Capital One Financial from $237.00 to $256.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $275.00 target price on shares of Capital One Financial in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $274.70.

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.