Insider Selling: Capital One Financial (NYSE:COF) Insider Sells $494,565.36 in Stock

Key Points

• Capital One insider Lia Dean sold 2,193 shares for approximately $494,565 under a pre-arranged Rule 10b5-1 trading plan, reducing her position by 3.35%.
• Capital One reported quarterly EPS of $5.81, beating estimates by $1.02, while revenue rose 26.9% year over year to $15.83 billion.
• The company declared a quarterly dividend of $0.80 per share, equivalent to a $3.20 annualized payout and 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 Lia Dean sold 2,193 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $225.52, for a total value of $494,565.36. Following the completion of the transaction, the insider owned 63,261 shares of the company's stock, valued at approximately $14,266,620.72. This trade represents a 3.35% decrease in their position. 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.

Capital One Financial Stock Down 0.1%

Shares of NYSE:COF traded down $0.22 during midday trading on Tuesday, reaching $221.23. The company's stock had a trading volume of 3,082,079 shares, compared to its average volume of 3,799,130. The firm has a 50 day moving average of $206.52 and a 200-day moving average of $198.10. The firm has a market capitalization of $135.72 billion, a P/E ratio of 13.69, a PEG ratio of 0.84 and a beta of 1.02. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.39. 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 issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $5.81 earnings per share (EPS) 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 company had revenue of $15.83 billion during the quarter, compared to analysts' expectations of $15.76 billion. During the same period last year, the company posted $5.48 EPS. Capital One Financial's revenue was up 26.9% on a year-over-year basis. On average, research analysts anticipate that Capital One Financial Corporation will post 20.29 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be paid a $0.80 dividend. 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 dividend payout ratio is presently 19.80%.

Analysts Set New Price Targets

COF has been the topic of a number of recent research reports. Weiss Ratings raised Capital One Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 13th. JPMorgan Chase & Co. lifted their price target 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. TD Cowen cut their price objective on shares of Capital One Financial from $260.00 to $253.00 and set a "buy" rating on the stock in a research report on Tuesday, July 7th. Truist Financial reduced their price objective on shares of Capital One Financial from $275.00 to $255.00 and set a "buy" rating for the company in a research note on Thursday, April 23rd. Finally, 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 report on Wednesday, July 22nd. Twenty-one equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Capital One Financial currently has an average rating of "Moderate Buy" and a consensus target price of $259.36.

Institutional Investors Weigh In On Capital One Financial

Institutional investors have recently modified their holdings of the business. Evolution Wealth Management Inc. boosted its holdings 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 acquiring an additional 90 shares during the last quarter. Solstein Capital LLC bought a new position in Capital One Financial during the second quarter valued at approximately $26,000. VSM Wealth Advisory LLC purchased a new stake in Capital One Financial in the fourth quarter worth approximately $27,000. Cherry Tree Wealth Management LLC boosted its holdings 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 purchasing an additional 105 shares during the last quarter. Finally, Ballast Advisors LLC bought a new stake in Capital One Financial in the 1st quarter worth approximately $27,000. 89.84% of the stock is owned by hedge funds and other institutional investors.

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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