Capital One Financial (NYSE:COF) Insider Celia Karam Sells 1,927 Shares of Company Stock

Key Points

• Capital One insider Celia Karam sold 1,927 shares for approximately $377,422 at an average price of $195.86. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced her holdings by 3.34% to 55,774 shares.
• Capital One shares fell 0.9% to $199.86, with the stock trading below its 50-day moving average but near its 12-month midpoint. The company has a market capitalization of roughly $122.6 billion.
• The company reported quarterly EPS of $5.81, beating estimates by $1.02, while revenue rose 26.9% year over year to $15.83 billion. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $255.04, and Capital One pays a quarterly dividend of $0.80 per share.

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 1,927 shares of the firm's stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $195.86, for a total value of $377,422.22. Following the transaction, the insider owned 55,774 shares in the company, valued at approximately $10,923,895.64. This represents a 3.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through 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 Tuesday, September 15th, Celia Karam sold 2,017 shares of Capital One Financial stock. The stock was sold at an average price of $206.07, for a total transaction of $415,643.19.
• On Monday, August 17th, Celia Karam sold 1,888 shares of Capital One Financial stock. The stock was sold at an average price of $225.52, for a total transaction of $425,781.76.

Capital One Financial Stock Down 0.9%

NYSE COF traded down $1.88 during trading on Monday, reaching $199.86. 3,640,025 shares of the company's stock traded hands, compared to its average volume of 4,637,232. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market cap of $122.61 billion, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 0.97 and a beta of 1.04. The company's 50 day simple moving average is $208.08 and its two-hundred day simple moving average is $200.39. Capital One Financial Corporation has a 12-month low of $174.24 and a 12-month high of $259.64.

Capital One Financial (NYSE:COF - Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 EPS for the quarter, beating the consensus estimate of $4.79 by $1.02. The business had revenue of $15.83 billion during the quarter, compared to analyst estimates of $15.76 billion. Capital One Financial had a net margin of 13.37% and a return on equity of 11.28%. The company's quarterly revenue was up 26.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.48 EPS. As a group, sell-side analysts forecast that Capital One Financial Corporation will post 20.36 EPS for the current fiscal year.

Capital One Financial Announces Dividend

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 yield of 1.6%. The ex-dividend date of this dividend was Monday, August 17th. Capital One Financial's dividend payout ratio (DPR) is 19.80%.

Institutional Trading of Capital One Financial

Institutional investors have recently made changes to their positions in the business. Sculptor Capital LP acquired a new position in Capital One Financial in the first quarter valued at approximately $33,932,000. Krilogy Financial LLC increased its stake in Capital One Financial by 69.0% during the third quarter. Krilogy Financial LLC now owns 25,629 shares of the financial services provider's stock worth $4,948,000 after acquiring an additional 10,464 shares during the last quarter. Swiss National Bank increased its stake in Capital One Financial by 6.5% during the first quarter. Swiss National Bank now owns 1,865,716 shares of the financial services provider's stock worth $340,363,000 after acquiring an additional 113,200 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in Capital One Financial during the second quarter worth $73,364,000. Finally, Levin Capital Strategies L.P. raised its position in Capital One Financial by 3.3% in the first quarter. Levin Capital Strategies L.P. now owns 179,757 shares of the financial services provider's stock valued at $32,793,000 after purchasing an additional 5,707 shares during the period. Institutional investors and hedge funds own 89.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Piper Sandler boosted their price target on Capital One Financial from $254.00 to $260.00 and gave the stock an "overweight" rating in a research report on Monday, September 28th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Capital One Financial in a research report on Thursday, August 20th. Bank of America cut their target price on Capital One Financial from $234.00 to $231.00 and set a "buy" rating on the stock in a research note on Thursday, July 9th. Weiss Ratings downgraded shares of Capital One Financial from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, October 6th. Finally, Barclays decreased their price target on shares of Capital One Financial from $240.00 to $237.00 and set an "overweight" rating for the company in a research report on Monday, October 5th. Twenty investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $255.04.

About Capital One Financial

Capital One Financial Corporation is a diversified financial services company headquartered in McLean, Virginia. Founded in 1994, the company operates as a bank holding company through Capital One, N.A., providing financial products and services to consumers, small businesses and commercial customers.

Capital One is best known for its credit card business, which offers a range of consumer and business cards. Its other activities include consumer banking products such as checking and savings accounts, auto loans and retail banking services, as well as commercial banking services for businesses and institutions.

The company primarily serves customers in the United States through digital channels, branches and other distribution networks.

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