Capital One Financial (NYSE:COF) Insider Celia Karam Sells 1,888 Shares of Stock

Key Points

• Insider sale: Celia Karam sold 1,888 Capital One shares for approximately $425,782 under a pre-arranged Rule 10b5-1 plan, reducing her direct ownership by 3.07% to 59,708 shares.
• Strong quarterly performance: Capital One reported $5.81 in quarterly EPS, exceeding estimates by $1.02, while revenue rose 26.9% year over year to $15.83 billion.
• Dividend and analyst outlook: The company declared a quarterly dividend of $0.80 per share, equivalent to a 1.4% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $259.36.

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 1,888 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $225.52, for a total transaction of $425,781.76. Following the completion of the sale, the insider directly owned 59,708 shares in the company, valued at $13,465,348.16. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Capital One Financial Trading Down 0.1%

NYSE:COF traded down $0.22 on Tuesday, hitting $221.23. 3,082,079 shares of the stock were exchanged, compared to its average volume of 3,799,130. The stock has a market cap of $135.72 billion, a PE ratio of 13.69, a PEG ratio of 0.84 and a beta of 1.02. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.39. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The stock has a fifty day moving average of $206.52 and a 200-day moving average of $198.10.

Capital One Financial (NYSE:COF - Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (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 the consensus estimate of $15.76 billion. During the same period in the previous year, the firm earned $5.48 earnings per share. Capital One Financial's revenue for the quarter was up 26.9% on a year-over-year basis. As a group, equities analysts expect that Capital One Financial Corporation will post 20.29 earnings per share for the current fiscal year.

Capital One Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be given a dividend of $0.80 per share. The ex-dividend date is Monday, August 17th. This represents a $3.20 annualized dividend and a dividend yield of 1.4%. Capital One Financial's payout ratio is currently 19.80%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Evolution Wealth Management Inc. grew its position in shares of Capital One Financial by 529.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 90 shares during the period. VSM Wealth Advisory LLC bought a new position in Capital One Financial in the fourth quarter valued at approximately $27,000. Cherry Tree Wealth Management LLC lifted its stake 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 valued at $27,000 after buying an additional 105 shares in the last quarter. Osterweis Capital Management Inc. acquired a new position in shares of Capital One Financial in the fourth quarter valued at approximately $29,000. Finally, CrossGen Wealth LLC bought a new stake in shares of Capital One Financial during the fourth quarter worth $30,000. 89.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

COF has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on Capital One Financial from $215.00 to $245.00 and gave the stock an "overweight" rating in a report on Monday, July 13th. UBS Group upped their price target on shares of Capital One Financial from $275.00 to $280.00 and gave the company a "buy" rating in a report on Monday, August 3rd. Wall Street Zen cut Capital One Financial from a "buy" rating to a "hold" rating in a report on Sunday, August 2nd. Deutsche Bank Aktiengesellschaft dropped their price objective on Capital One Financial from $256.00 to $250.00 and set a "hold" rating on the stock in a report on Wednesday, April 22nd. Finally, Barclays lowered their price target 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. Twenty-one equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of $259.36.

Capital One Financial Company Profile

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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