Insider Selling: Capital One Financial Co. (NYSE:COF) Insider Sells $2,520,160.00 in Stock

Capital One Financial Co. (NYSE:COF) insider Frank G. LapradeIii sold 15,751 shares of the stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $160.00, for a total value of $2,520,160.00. Following the transaction, the insider now directly owns 44,711 shares of the company’s stock, valued at approximately $7,153,760. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Capital One Financial Stock Performance

Shares of COF opened at $154.23 on Thursday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.81. The stock has a 50-day moving average price of $147.07 and a 200-day moving average price of $142.68. The company has a market cap of $58.64 billion, a PE ratio of 12.08, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44. Capital One Financial Co. has a 12-month low of $88.23 and a 12-month high of $160.45.

Capital One Financial (NYSE:COF) last announced its earnings results on Tuesday, July 23rd. The financial services provider reported $3.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.28 by ($0.14). The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.57 billion. Capital One Financial had a net margin of 9.01% and a return on equity of 9.31%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.52 earnings per share. As a group, equities analysts forecast that Capital One Financial Co. will post 12.87 earnings per share for the current fiscal year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were given a $0.60 dividend. The ex-dividend date was Monday, August 12th. This represents a $2.40 annualized dividend and a yield of 1.56%. Capital One Financial’s dividend payout ratio (DPR) is presently 18.79%.

Analyst Ratings Changes

Several research analysts have recently weighed in on COF shares. Barclays increased their price target on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. JPMorgan Chase & Co. lifted their target price on shares of Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Citigroup started coverage on shares of Capital One Financial in a research note on Friday, September 20th. They set a “buy” rating and a $190.00 price target on the stock. Bank of America lifted their price objective on shares of Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Finally, Evercore ISI dropped their target price on Capital One Financial from $166.00 to $163.00 and set an “in-line” rating on the stock in a research report on Monday, October 7th. Twelve investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $151.56.

Institutional Investors Weigh In On Capital One Financial

A number of large investors have recently added to or reduced their stakes in COF. Financial Security Advisor Inc. raised its holdings in shares of Capital One Financial by 2.4% during the 1st quarter. Financial Security Advisor Inc. now owns 3,255 shares of the financial services provider’s stock valued at $485,000 after buying an additional 75 shares in the last quarter. Valley National Advisers Inc. lifted its holdings in shares of Capital One Financial by 0.5% in the 1st quarter. Valley National Advisers Inc. now owns 16,366 shares of the financial services provider’s stock worth $2,435,000 after acquiring an additional 75 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Capital One Financial by 11.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 75 shares in the last quarter. Bangor Savings Bank grew its holdings in shares of Capital One Financial by 20.8% during the 3rd quarter. Bangor Savings Bank now owns 448 shares of the financial services provider’s stock valued at $67,000 after purchasing an additional 77 shares during the last quarter. Finally, Grove Bank & Trust raised its position in Capital One Financial by 9.3% in the 3rd quarter. Grove Bank & Trust now owns 909 shares of the financial services provider’s stock worth $136,000 after purchasing an additional 77 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.