Capital One Financial (NYSE:COF) Stock: Insider Richard Fairbank Sells 90,743 Shares

Capital One Financial Corporation (NYSE:COF) CEO Richard Fairbank sold 90,743 shares of Capital One Financial stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $202.86, for a total transaction of $18,408,124.98. Following the transaction, the chief executive officer owned 4,018,520 shares in the company, valued at approximately $815,196,967.20. This trade represents a 2.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Capital One Financial Trading Up 1.9%

COF stock traded up $3.82 during mid-day trading on Thursday, reaching $208.70. The company had a trading volume of 3,759,962 shares, compared to its average volume of 4,618,213. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a 50 day moving average of $205.06 and a 200 day moving average of $201.96. Capital One Financial Corporation has a 12 month low of $174.24 and a 12 month high of $259.64. The company has a market capitalization of $128.03 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 0.93 and a beta of 1.04.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $6.69 EPS for the quarter, topping the consensus estimate of $5.53 by $1.16. Capital One Financial had a net margin of 13.70% and a return on equity of 11.64%. The business had revenue of $16.31 billion during the quarter, compared to the consensus estimate of $16.25 billion. During the same period in the previous year, the firm posted $5.95 earnings per share. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. On average, equities analysts predict that Capital One Financial Corporation will post 21.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on COF shares. Piper Sandler raised their price target on Capital One Financial from $260.00 to $269.00 and gave the company an “overweight” rating in a report on Wednesday, October 21st. Wall Street Zen lowered shares of Capital One Financial from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Weiss Ratings raised shares of Capital One Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 21st. TD Cowen raised their price objective on shares of Capital One Financial from $242.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, October 21st. Finally, BMO Capital Markets increased their target price on shares of Capital One Financial from $219.00 to $225.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 21st. Twenty investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Capital One Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.77.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Woodmont Investment Counsel LLC increased its stake in shares of Capital One Financial by 5.4% during the third quarter. Woodmont Investment Counsel LLC now owns 2,420 shares of the financial services provider’s stock worth $467,000 after purchasing an additional 123 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its stake in shares of Capital One Financial by 8.5% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 415,178 shares of the financial services provider’s stock valued at $80,407,000 after buying an additional 32,676 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in Capital One Financial in the third quarter valued at approximately $34,470,000. Aviance Capital Partners LLC grew its stake in Capital One Financial by 0.5% in the third quarter. Aviance Capital Partners LLC now owns 12,414 shares of the financial services provider’s stock valued at $2,397,000 after acquiring an additional 57 shares during the period. Finally, Profund Advisors LLC boosted its position in shares of Capital One Financial by 9.5% during the third quarter. Profund Advisors LLC now owns 5,712 shares of the financial services provider’s stock valued at $1,103,000 after buying an additional 497 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Capital One Financial Company Profile

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.