Capital One Financial (NYSE:COF) Insider Sells 2,066 Shares of Stock

Key Points

• Capital One insider Lia Dean sold 2,066 shares at an average price of $206.07, totaling $425,740.62, under a pre-arranged Rule 10b5-1 trading plan. Dean retained 61,195 shares after the transaction.
• Capital One shares fell 1.7% to $203.24, while the company reported quarterly earnings of $5.81 per share—beating estimates by $1.02—and revenue rose 26.9% year over year to $15.83 billion.
• Analysts maintain a generally bullish view, with a “Moderate Buy” consensus rating and an average price target of $258.91; the company also pays a quarterly dividend of $0.80 per share, yielding approximately 1.6%.

Capital One Financial Corporation (NYSE:COF) insider Lia Dean sold 2,066 shares of the company's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $206.07, for a total transaction of $425,740.62. Following the completion of the sale, the insider directly owned 61,195 shares in the company, valued at $12,610,453.65. This represents a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 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 transaction of $494,565.36.

Capital One Financial Stock Down 1.7%

NYSE:COF traded down $3.61 during mid-day trading on Wednesday, hitting $203.24. 4,214,020 shares of the company's stock were exchanged, compared to its average volume of 4,740,019. The company has a market cap of $124.68 billion, a PE ratio of 12.58, a P/E/G ratio of 0.76 and a beta of 1.02. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.02 and a quick ratio of 1.02. Capital One Financial Corporation has a one year low of $174.24 and a one year high of $259.64. The business has a fifty day moving average price of $212.75 and a 200 day moving average price of $198.36.

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 for the quarter, beating analysts' consensus estimates 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 business had revenue of $15.83 billion during the quarter, compared to the consensus estimate of $15.76 billion. During the same quarter last year, the firm earned $5.48 earnings per share. The business's revenue for the quarter was up 26.9% on a year-over-year basis. Equities analysts predict that Capital One Financial Corporation will post 20.29 EPS for the current year.

Capital One Financial Announces Dividend

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

Institutional Investors Weigh In On Capital One Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in COF. Evolution Wealth Management Inc. raised its position in shares of Capital One Financial by 529.4% during 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. Solstein Capital LLC bought a new position in Capital One Financial in the 2nd quarter worth $26,000. VSM Wealth Advisory LLC purchased a new stake in Capital One Financial in the 4th quarter worth $27,000. Cherry Tree Wealth Management LLC increased its stake in Capital One Financial by 1,312.5% in the 4th 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. Finally, Ballast Advisors LLC bought a new stake in Capital One Financial during the first quarter valued at about $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Piper Sandler initiated coverage on Capital One Financial in a report on Monday, June 29th. They set an "overweight" rating and a $254.00 price target for the company. Wolfe Research lifted their price objective on Capital One Financial from $255.00 to $275.00 and gave the stock an "outperform" rating in a report on Tuesday, August 25th. Barclays decreased their target price on shares of 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. JPMorgan Chase & Co. raised their target price on Capital One Financial from $215.00 to $245.00 and gave the stock an "overweight" rating in a research report on Monday, July 13th. Finally, Citigroup reduced their price target on shares of Capital One Financial from $310.00 to $295.00 and set a "buy" rating for the company in a research report on Tuesday, July 28th. Twenty-one research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $258.91.

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.

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