Capital One Financial (NYSE:COF) Insider Celia Karam Sells 2,936 Shares

Capital One Financial Corporation (NYSE:COF) insider Celia Karam sold 2,936 shares of Capital One Financial stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $218.15, for a total value of $640,488.40. Following the sale, the insider directly owned 63,433 shares in the company, valued at approximately $13,837,908.95. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Capital One Financial Stock Performance

Capital One Financial stock traded up $3.09 during trading hours on Wednesday, hitting $227.09. The stock had a trading volume of 4,089,630 shares, compared to its average volume of 4,171,731. The company has a 50-day moving average of $215.47 and a two-hundred day moving average of $212.84. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. Capital One Financial Corporation has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The company has a market cap of $144.37 billion, a PE ratio of 95.82, a price-to-earnings-growth ratio of 0.52 and a beta of 1.16.

Capital One Financial (NYSE:COF) last released its quarterly earnings data on Monday, November 3rd. The financial services provider reported $5.95 earnings per share (EPS) for the quarter. The business had revenue of $15.46 billion for the quarter. Capital One Financial had a return on equity of 10.94% and a net margin of 2.24%. On average, equities research analysts anticipate that Capital One Financial Corporation will post 15.65 EPS for the current fiscal year.

Capital One Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a $0.80 dividend. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.4%. Capital One Financial’s payout ratio is presently 135.02%.

Institutional Investors Weigh In On Capital One Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of COF. Kingstone Capital Partners Texas LLC grew its holdings in shares of Capital One Financial by 588,668.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 117,447,497 shares of the financial services provider’s stock worth $24,988,129,000 after purchasing an additional 117,427,549 shares during the last quarter. Vanguard Group Inc. lifted its position in Capital One Financial by 74.8% during the 2nd quarter. Vanguard Group Inc. now owns 56,380,913 shares of the financial services provider’s stock worth $11,995,603,000 after buying an additional 24,129,990 shares in the last quarter. State Street Corp grew its holdings in Capital One Financial by 63.4% during the 2nd quarter. State Street Corp now owns 27,780,128 shares of the financial services provider’s stock worth $5,910,500,000 after acquiring an additional 10,776,843 shares during the last quarter. Norges Bank bought a new stake in Capital One Financial during the 2nd quarter worth about $1,701,511,000. Finally, Geode Capital Management LLC increased its position in Capital One Financial by 64.1% in the 2nd quarter. Geode Capital Management LLC now owns 14,008,841 shares of the financial services provider’s stock valued at $2,970,628,000 after acquiring an additional 5,474,328 shares in the last quarter. 89.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Capital One Financial from $224.00 to $240.00 and gave the stock a “hold” rating in a report on Wednesday, October 22nd. Morgan Stanley raised their price target on shares of Capital One Financial from $267.00 to $272.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. The Goldman Sachs Group upped their price objective on Capital One Financial from $266.00 to $276.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Truist Financial raised their target price on Capital One Financial from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Finally, HSBC upped their price target on Capital One Financial from $218.00 to $234.00 and gave the company a “hold” rating in a research report on Thursday, October 23rd. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $261.63.

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.