Insider Selling: Capital One Financial (NYSE:COF) Insider Sells $425,740.62 in Stock

Capital One Financial Corporation (NYSE:COF) insider Lia Dean sold 2,066 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $206.07, for a total value of $425,740.62. Following the sale, the insider owned 61,195 shares of the company’s stock, valued at $12,610,453.65. This trade represents a 3.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lia Dean also recently made the following trade(s):

• On Monday, August 17th, Lia Dean sold 2,193 shares of Capital One Financial stock. The shares were sold at an average price of $225.52, for a total transaction of $494,565.36.

Capital One Financial Stock Performance

Shares of COF opened at $201.91 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market capitalization of $123.87 billion, a P/E ratio of 12.49, a P/E/G ratio of 0.74 and a beta of 1.02. The company’s fifty day moving average is $213.03 and its two-hundred day moving average is $198.39. Capital One Financial Corporation has a 1 year low of $174.24 and a 1 year high of $259.64.

Capital One Financial (NYSE:COF) last released its 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. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company had revenue of $15.83 billion during the quarter, compared to analysts’ expectations of $15.76 billion. During the same quarter last year, the business earned $5.48 EPS. The business’s revenue was up 26.9% on a year-over-year basis. On average, sell-side analysts predict that Capital One Financial Corporation will post 20.3 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, August 17th. Capital One Financial’s payout ratio is presently 19.80%.

Analyst Ratings Changes

COF has been the topic of a number of research reports. BTIG Research upped their price target on Capital One Financial from $224.00 to $259.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Citigroup reduced their price objective on Capital One Financial from $310.00 to $295.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. JPMorgan Chase & Co. upped their target price on Capital One Financial from $215.00 to $245.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Bank of America dropped their price target on Capital One Financial from $234.00 to $231.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Finally, Barclays cut their price target on Capital One Financial from $242.00 to $240.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. Twenty-one investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $258.91.

Institutional Investors Weigh In On Capital One Financial

A number of institutional investors and hedge funds have recently bought and sold shares of COF. Security National Bank of SO Dak acquired a new position in Capital One Financial in the 2nd quarter valued at about $118,000. SkyView Investment Advisors LLC acquired a new stake in shares of Capital One Financial during the 2nd quarter worth about $150,000. Junto Capital Management LP boosted its stake in shares of Capital One Financial by 30.0% during the 2nd quarter. Junto Capital Management LP now owns 294,794 shares of the financial services provider’s stock worth $59,142,000 after purchasing an additional 68,036 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of Capital One Financial by 12.8% during the second quarter. Sequoia Financial Advisors LLC now owns 25,766 shares of the financial services provider’s stock worth $5,169,000 after buying an additional 2,917 shares in the last quarter. Finally, Van Hulzen Asset Management LLC purchased a new stake in shares of Capital One Financial during the second quarter worth about $202,000. 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 financial services company headquartered in McLean, Virginia. Founded in 1994, the company initially built its business as a credit card issuer and has since expanded into consumer banking, commercial banking and payments.

Capital One offers a range of credit card products for consumers and businesses, along with deposit accounts, savings products, auto loans and other consumer lending services. Through its commercial banking operations, the company provides financing, treasury management and related services to commercial real estate clients, middle-market companies and other businesses.

Capital One primarily serves customers in the United States, with additional operations and financial services activities in Canada and the United Kingdom.