Celia Karam Sells 1,749 Shares of Capital One Financial (NYSE:COF) Stock

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 1,749 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the transaction, the insider directly owned 61,579 shares in the company, valued at approximately $11,858,883.82. This represents a 2.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, April 1st, Celia Karam sold 1,099 shares of Capital One Financial stock. The stock was sold at an average price of $185.61, for a total value of $203,985.39.

Capital One Financial Stock Down 0.1%

NYSE COF opened at $189.70 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46. Capital One Financial Corporation has a 52 week low of $174.98 and a 52 week high of $259.64. The firm has a market capitalization of $117.98 billion, a price-to-earnings ratio of 66.56, a PEG ratio of 0.69 and a beta of 1.05. The company has a fifty day moving average of $190.07 and a two-hundred day moving average of $213.26.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The firm had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.68 billion. During the same period in the prior year, the company posted $4.06 EPS. The company’s revenue was up 52.3% compared to the same quarter last year. On average, analysts predict that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on COF shares. Truist Financial cut their target price on Capital One Financial from $275.00 to $255.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. JPMorgan Chase & Co. raised their price target on Capital One Financial from $213.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Wells Fargo & Company dropped their price objective on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Wall Street Zen downgraded Capital One Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, Barclays boosted their price objective on shares of Capital One Financial from $226.00 to $250.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. Eighteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $258.14.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Evolution Wealth Management Inc. increased its position in shares of Capital One Financial by 529.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 90 shares in the last quarter. VSM Wealth Advisory LLC purchased a new position in Capital One Financial during the 4th quarter worth $27,000. Cherry Tree Wealth Management LLC increased its position in Capital One Financial by 1,312.5% during 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 in the last quarter. Strive Asset Management LLC acquired a new position in Capital One Financial during the 3rd quarter valued at about $28,000. Finally, Frazier Financial Advisors LLC purchased a new stake in Capital One Financial in the first quarter valued at about $29,000. Hedge funds and other institutional investors own 89.84% of the company’s stock.

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.