Capital One Financial (NYSE:COF) CAO Sells $735,757.00 in Stock

Capital One Financial Corporation (NYSE:COF) CAO Timothy Golden sold 3,487 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $211.00, for a total transaction of $735,757.00. Following the transaction, the chief accounting officer owned 7,429 shares in the company, valued at approximately $1,567,519. The trade was a 31.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Capital One Financial Price Performance

COF opened at $208.90 on Friday. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64. The company’s 50 day simple moving average is $197.71 and its 200 day simple moving average is $199.02. The stock has a market capitalization of $128.16 billion, a PE ratio of 12.93, a P/E/G ratio of 0.77 and a beta of 1.02. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02.

Capital One Financial (NYSE:COF) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, topping the consensus estimate of $4.79 by $1.02. The firm had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. Capital One Financial’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.48 earnings per share. As a group, sell-side analysts expect that Capital One Financial Corporation will post 20.19 EPS for the current year.

Capital One Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s payout ratio is currently 19.80%.

Key Stories Impacting Capital One Financial

Here are the key news stories impacting Capital One Financial this week:

• Positive Sentiment: Capital One’s second-quarter results were substantially stronger, with net income of approximately $3.02 billion versus a loss a year earlier. The company also reaffirmed its $0.80 quarterly common dividend and declared preferred-stock dividends, supporting the capital-return outlook. Did Capital One’s Q2 Profit Rebound and Dividend Moves Just Shift Capital One Financial’s Investment Narrative?
• Positive Sentiment: Capital One’s purchase volume reportedly grew 26%, reinforcing the potential benefits of its Discover acquisition and expansion into card payment processing. However, legacy Discover purchase volume increased less than 2%, highlighting integration and growth challenges that investors will continue to monitor. Capital One’s Purchase Volume Grew 26%, but Legacy Discover Volume Rose Less Than 2%
• Neutral Sentiment: An investment analysis highlighted Capital One’s preferred-stock dividends and common dividend as potentially attractive sources of income. The company’s $0.80 quarterly dividend equates to $3.20 annually, with a reported yield of about 1.5%. Capital One Financial: Boosting The Income With Preferred Stock
• Negative Sentiment: Capital One said it closed more than 300 accounts affiliated with the Trump Organization following a months-long review by its anti-money-laundering team, according to a court filing reported by Reuters. The disclosure may raise reputational, political and regulatory concerns, potentially explaining the near-term weakness in COF. Capital One Says It Closed Trump Organization’s Accounts After Anti-Money-Laundering Probe
• Negative Sentiment: Chief Accounting Officer Timothy Golden sold 3,487 shares for approximately $735,757, reducing his direct holdings by nearly 32%. While a single insider sale does not establish a bearish trend, it may add modest negative sentiment. Timothy Golden Sells 3,487 Shares of Capital One Financial Stock

Hedge Funds Weigh In On Capital One Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the business. First Command Advisory Services Inc. raised its position in Capital One Financial by 4.5% in the fourth quarter. First Command Advisory Services Inc. now owns 1,067 shares of the financial services provider’s stock valued at $259,000 after purchasing an additional 46 shares during the period. Dogwood Wealth Management LLC boosted its position in shares of Capital One Financial by 26.0% in the fourth quarter. Dogwood Wealth Management LLC now owns 228 shares of the financial services provider’s stock worth $55,000 after buying an additional 47 shares during the period. Pflug Koory LLC boosted its position in shares of Capital One Financial by 1.6% in the fourth quarter. Pflug Koory LLC now owns 3,086 shares of the financial services provider’s stock worth $748,000 after buying an additional 48 shares during the period. High Note Wealth LLC boosted its position in shares of Capital One Financial by 44.9% in the fourth quarter. High Note Wealth LLC now owns 155 shares of the financial services provider’s stock worth $38,000 after buying an additional 48 shares during the period. Finally, Fiducient Advisors LLC grew its stake in shares of Capital One Financial by 4.2% in the fourth quarter. Fiducient Advisors LLC now owns 1,196 shares of the financial services provider’s stock valued at $290,000 after buying an additional 48 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on COF shares. TD Cowen cut their target price on Capital One Financial from $260.00 to $253.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. HSBC raised Capital One Financial from a “hold” rating to a “buy” rating and boosted their price target for the company from $226.00 to $229.00 in a research report on Sunday, July 12th. Bank of America cut their price objective on Capital One Financial from $234.00 to $231.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Barclays reduced their price objective on 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. Finally, Truist Financial decreased their target price 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. Twenty equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $259.14.

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.