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

Key Points

• Insider sale: Celia Karam sold 1,749 Capital One shares on May 1 at an average $192.58 for about $336,822 under a pre-arranged Rule 10b5-1 plan, trimming her stake by 2.76% to 61,579 shares (≈$11.86M).
• Earnings miss and market reaction: Capital One reported $4.42 EPS vs. a $5.08 consensus and $15.23B revenue vs. $15.68B, and COF traded down about 1% to $190.08 (market cap ~$118.2B) following the results.
• Dividends and analyst view: The company pays a $0.80 quarterly dividend ($3.20 annualized, 1.7% yield) with a high payout ratio (112.3%), while analysts show a consensus “Moderate Buy” and a target price around $258.14.

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 1,749 shares of the company'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 completion of the transaction, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. This trade represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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 shares were sold at an average price of $185.61, for a total value of $203,985.39.

Capital One Financial Stock Down 1.0%

COF stock traded down $1.83 during midday trading on Monday, hitting $190.08. The company's stock had a trading volume of 3,531,191 shares, compared to its average volume of 5,330,146. The company has a market cap of $118.22 billion, a PE ratio of 66.70, a P/E/G ratio of 0.70 and a beta of 1.05. Capital One Financial Corporation has a 12 month low of $174.98 and a 12 month high of $259.64. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46. The firm's 50-day moving average is $190.44 and its 200-day moving average is $213.44.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.08 by ($0.66). The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The business's revenue was up 52.3% compared to the same quarter last year. During the same period last year, the company posted $4.06 earnings per share. On average, equities research analysts forecast that Capital One Financial Corporation will post 19.17 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 19th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, February 19th. Capital One Financial's dividend payout ratio is presently 112.28%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Capital One Financial in a report on Friday, March 27th. Wall Street Zen cut Capital One Financial from a "buy" rating to a "hold" rating in a report on Saturday, January 10th. BTIG Research reissued a "buy" rating and set a $224.00 price target on shares of Capital One Financial in a report on Wednesday, April 22nd. Jefferies Financial Group reissued a "buy" rating and set a $300.00 price target on shares of Capital One Financial in a report on Monday, March 16th. Finally, The Goldman Sachs Group lowered their price target on Capital One Financial from $300.00 to $260.00 and set a "buy" rating on the stock in a report on Tuesday, April 7th. Eighteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Capital One Financial presently has an average rating of "Moderate Buy" and a consensus target price of $258.14.

Institutional Trading of Capital One Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of COF. Evolution Wealth Management Inc. increased its position in Capital One Financial by 529.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider's stock worth $26,000 after buying an additional 90 shares in the last quarter. VSM Wealth Advisory LLC purchased a new stake in Capital One Financial in the fourth quarter worth about $27,000. Cherry Tree Wealth Management LLC increased its position in Capital One Financial by 1,312.5% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider's stock worth $27,000 after buying an additional 105 shares in the last quarter. Strive Asset Management LLC purchased a new stake in Capital One Financial in the third quarter worth about $28,000. Finally, Osterweis Capital Management Inc. purchased a new stake in Capital One Financial in the fourth quarter worth 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.

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