Celia Karam Sells 2,108 Shares of Capital One Financial (NYSE:COF) Stock

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 2,108 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $218.25, for a total value of $460,071.00. Following the completion of the transaction, the insider owned 59,269 shares of the company’s stock, valued at approximately $12,935,459.25. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Celia Karam also recently made the following trade(s):

• On Friday, January 2nd, Celia Karam sold 2,064 shares of Capital One Financial stock. The shares were sold at an average price of $244.35, for a total transaction of $504,338.40.
• On Monday, December 1st, Celia Karam sold 2,936 shares of Capital One Financial stock. The stock was sold at an average price of $218.15, for a total transaction of $640,488.40.

Capital One Financial Trading Down 3.9%

NYSE:COF opened at $216.78 on Friday. The firm has a market capitalization of $137.81 billion, a P/E ratio of 73.24, a PEG ratio of 0.66 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 Corporation has a one year low of $143.22 and a one year high of $259.64. The company’s 50-day simple moving average is $235.44 and its 200 day simple moving average is $223.45.

Capital One Financial (NYSE:COF) last released its earnings results on Thursday, January 22nd. The financial services provider reported $3.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.14 by ($0.28). The business had revenue of $15.62 billion for the quarter, compared to analysts’ expectations of $15.49 billion. Capital One Financial had a net margin of 3.54% and a return on equity of 10.68%. Capital One Financial’s revenue for the quarter was up 53.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.67 earnings per share. As a group, analysts forecast that Capital One Financial Corporation will post 15.65 EPS 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. Shareholders of record on Thursday, February 19th will be issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, February 19th. Capital One Financial’s payout ratio is 108.11%.

Institutional Investors Weigh In On Capital One Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Capital One Financial by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 56,897,238 shares of the financial services provider’s stock worth $13,789,615,000 after buying an additional 360,071 shares during the last quarter. State Street Corp lifted its holdings in Capital One Financial by 63.4% in the second quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock valued at $5,910,500,000 after acquiring an additional 10,776,843 shares during the period. Geode Capital Management LLC boosted its position in Capital One Financial by 64.1% in the second quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock worth $2,970,628,000 after purchasing an additional 5,474,328 shares during the last quarter. Franklin Resources Inc. boosted its position in Capital One Financial by 12.8% in the third quarter. Franklin Resources Inc. now owns 11,838,304 shares of the financial services provider’s stock worth $2,516,587,000 after purchasing an additional 1,339,215 shares during the last quarter. Finally, Davis Selected Advisers grew its stake in shares of Capital One Financial by 2.8% during the 4th quarter. Davis Selected Advisers now owns 8,614,766 shares of the financial services provider’s stock valued at $2,087,878,000 after purchasing an additional 234,649 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on COF shares. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $275.00 price target on shares of Capital One Financial in a research note on Monday, January 12th. Evercore ISI dropped their target price on shares of Capital One Financial from $290.00 to $265.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 27th. Wolfe Research reduced their price target on shares of Capital One Financial from $294.00 to $280.00 and set an “outperform” rating for the company in a research report on Friday, January 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Capital One Financial from $237.00 to $256.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Capital One Financial from $263.00 to $256.00 and set a “hold” rating on the stock in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and an average 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.