Capital One Financial (NYSE:COF) Insider Lia Dean Sells 1,887 Shares of Company Stock

Key Points

• Capital One insider Lia Dean sold 1,887 shares at an average price of $195.86, worth approximately $369,588. The transaction, conducted under a Rule 10b5-1 trading plan, reduced her holdings by 3.08% to 59,308 shares.
• Capital One shares recently traded at $199.86, below their 50-day average of $208.08 but above their 52-week low of $174.24. The company’s latest quarterly results exceeded expectations, with EPS of $5.81 versus the $4.79 consensus and revenue up 26.9% year over year.
• Analysts maintain a “Moderate Buy” consensus rating, with 20 Buy ratings and five Holds and an average price target of $255.04. Institutional investors own approximately 89.84% of the company’s shares.

Capital One Financial Corporation (NYSE:COF) insider Lia Dean sold 1,887 shares of the company'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 $369,587.82. Following the completion of the transaction, the insider directly owned 59,308 shares in the company, valued at $11,616,064.88. This represents a 3.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, September 15th, Lia Dean sold 2,066 shares of Capital One Financial stock. The shares were sold at an average price of $206.07, for a total value of $425,740.62.
• On Monday, August 17th, Lia Dean sold 2,193 shares of Capital One Financial stock. The stock was sold at an average price of $225.52, for a total value of $494,565.36.

Capital One Financial Price Performance

Shares of COF traded down $1.88 during trading hours on Monday, hitting $199.86. 3,640,025 shares of the company were exchanged, 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 company has a market capitalization of $122.61 billion, a PE ratio of 12.37, a PEG ratio of 0.97 and a beta of 1.04. The firm has a fifty day simple moving average of $208.08 and a 200-day simple moving average of $200.39. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64.

Capital One Financial (NYSE:COF - Get Free Report) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.79 by $1.02. Capital One Financial had a return on equity of 11.28% and a net margin of 13.37%. The company had revenue of $15.83 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. As a group, sell-side analysts predict that Capital One Financial Corporation will post 20.36 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were paid a $0.80 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.6%. Capital One Financial's dividend payout ratio (DPR) is currently 19.80%.

Institutional Trading of Capital One Financial

Several hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp grew its holdings in shares of Capital One Financial by 107.9% during the second quarter. State Street Corp now owns 57,278,732 shares of the financial services provider's stock valued at $11,491,259,000 after buying an additional 29,724,829 shares in the last quarter. BlackRock Inc. raised its position in Capital One Financial by 0.5% during the second quarter. BlackRock Inc. now owns 51,054,869 shares of the financial services provider's stock valued at $10,242,628,000 after buying an additional 236,643 shares during the period. Bank of America Corp DE acquired a new position in Capital One Financial during the second quarter valued at $1,435,311,000. Wellington Management Group LLP lifted its stake in Capital One Financial by 36.2% in the 2nd quarter. Wellington Management Group LLP now owns 7,108,112 shares of the financial services provider's stock worth $1,426,029,000 after acquiring an additional 1,887,497 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Capital One Financial by 3.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,621,240 shares of the financial services provider's stock worth $1,127,733,000 after acquiring an additional 187,532 shares in the last quarter. Institutional investors and hedge funds own 89.84% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Capital One Financial in a research note on Thursday, August 20th. Piper Sandler lifted their target price on shares of Capital One Financial from $254.00 to $260.00 and gave the stock an "overweight" rating in a research report on Monday, September 28th. Wall Street Zen downgraded shares of Capital One Financial from a "buy" rating to a "hold" rating in a research report on Sunday, August 2nd. JPMorgan Chase & Co. cut their price target on shares of Capital One Financial from $246.00 to $227.00 and set an "overweight" rating on the stock in a report on Monday, October 12th. Finally, Morgan Stanley reduced their price target on shares of Capital One Financial from $273.00 to $267.00 and set an "overweight" rating for the company in a research report on Monday, October 12th. Twenty research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company 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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