Sheldon Hall Sells 14,504 Shares of Capital One Financial Co. (NYSE:COF) Stock

Capital One Financial Co. (NYSE:COF) insider Sheldon Hall sold 14,504 shares of Capital One Financial stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $125.00, for a total value of $1,813,000.00. Following the completion of the sale, the insider now directly owns 68,337 shares of the company’s stock, valued at approximately $8,542,125. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of NYSE:COF traded up $1.40 during mid-day trading on Tuesday, reaching $127.86. The stock had a trading volume of 3,750,519 shares, compared to its average volume of 2,932,575. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.79. The company has a market cap of $50.26 billion, a P/E ratio of 5.04, a price-to-earnings-growth ratio of 0.36 and a beta of 1.44. Capital One Financial Co. has a 1 year low of $110.29 and a 1 year high of $177.95. The business’s 50 day moving average price is $128.33 and its 200 day moving average price is $140.85.

Capital One Financial (NYSE:COF – Get Rating) last posted its earnings results on Tuesday, April 26th. The financial services provider reported $5.62 EPS for the quarter, topping analysts’ consensus estimates of $5.39 by $0.23. The company had revenue of $8.17 billion for the quarter, compared to the consensus estimate of $8.02 billion. Capital One Financial had a return on equity of 18.66% and a net margin of 34.71%. The firm’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same period in the previous year, the business earned $7.03 earnings per share. Analysts predict that Capital One Financial Co. will post 20.14 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 27th. Investors of record on Monday, May 16th were given a $0.60 dividend. The ex-dividend date was Friday, May 13th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.88%. Capital One Financial’s dividend payout ratio is currently 9.44%.

Several large investors have recently bought and sold shares of COF. Industrial Alliance Investment Management Inc. bought a new stake in Capital One Financial during the fourth quarter worth approximately $25,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. increased its stake in Capital One Financial by 566.7% during the first quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 200 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 170 shares during the last quarter. Zullo Investment Group Inc. bought a new stake in Capital One Financial during the fourth quarter worth approximately $27,000. Rock Creek Group LP increased its stake in Capital One Financial by 287.3% during the first quarter. Rock Creek Group LP now owns 213 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 158 shares during the last quarter. Finally, Covestor Ltd bought a new stake in Capital One Financial during the fourth quarter worth approximately $33,000. Institutional investors own 89.31% of the company’s stock.

COF has been the subject of several research analyst reports. Citigroup lifted their price objective on Capital One Financial from $185.00 to $189.00 and gave the stock a “buy” rating in a report on Thursday, March 24th. BMO Capital Markets cut their price target on Capital One Financial from $200.00 to $188.00 and set a “buy” rating for the company in a report on Wednesday, April 27th. Piper Sandler lowered Capital One Financial from an “overweight” rating to a “neutral” rating and cut their price target for the company from $164.00 to $143.00 in a report on Wednesday, April 27th. Wells Fargo & Company cut their price target on Capital One Financial from $180.00 to $165.00 and set an “overweight” rating for the company in a report on Wednesday, April 6th. Finally, Morgan Stanley cut their price target on Capital One Financial from $217.00 to $157.00 and set an “overweight” rating for the company in a report on Monday, March 28th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $168.83.

About Capital One Financial (Get Rating)

Capital One Financial Corporation operates as the financial services holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides 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.

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