Insider Selling: Capital One Financial (NYSE:COF) Insider Sells 3,163 Shares of Stock

Capital One Financial Corporation (NYSE:COF) insider Lia Dean sold 3,163 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $244.35, for a total transaction of $772,879.05. Following the sale, the insider owned 66,692 shares in the company, valued at $16,296,190.20. The trade was a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Lia Dean also recently made the following trade(s):

• On Monday, December 1st, Lia Dean sold 3,269 shares of Capital One Financial stock. The stock was sold at an average price of $218.15, for a total transaction of $713,132.35.

Capital One Financial Stock Up 2.9%

Shares of COF traded up $7.21 during midday trading on Tuesday, reaching $257.72. The stock had a trading volume of 5,245,598 shares, compared to its average volume of 3,846,899. The company has a market cap of $163.84 billion, a price-to-earnings ratio of 108.74, a PEG ratio of 0.56 and a beta of 1.13. The company’s fifty day simple moving average is $227.70 and its two-hundred day simple moving average is $220.85. Capital One Financial Corporation has a 1-year low of $143.22 and a 1-year high of $259.64. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03.

Capital One Financial (NYSE:COF) last posted its quarterly earnings results on Monday, November 3rd. The financial services provider reported $5.95 earnings per share for the quarter. The company 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%. Equities research analysts expect that Capital One Financial Corporation will post 15.65 earnings per share for the current year.

Capital One Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, November 17th. This is an increase from Capital One Financial’s previous quarterly dividend of $0.60. This represents a $3.20 dividend on an annualized basis and a yield of 1.2%. Capital One Financial’s dividend payout ratio is 135.02%.

Institutional Investors Weigh In On Capital One Financial

Hedge funds have recently made changes to their positions in the business. Earned Wealth Advisors LLC bought a new stake in Capital One Financial during the 2nd quarter valued at approximately $254,000. Plancorp LLC acquired a new position in shares of Capital One Financial during the second quarter worth approximately $272,000. CIBC Asset Management Inc boosted its position in shares of Capital One Financial by 53.9% in the second quarter. CIBC Asset Management Inc now owns 88,505 shares of the financial services provider’s stock valued at $18,830,000 after acquiring an additional 30,991 shares during the period. Smith Chas P & Associates PA Cpas boosted its position in shares of Capital One Financial by 1,490.0% in the second quarter. Smith Chas P & Associates PA Cpas now owns 43,486 shares of the financial services provider’s stock valued at $9,252,000 after acquiring an additional 40,751 shares during the period. Finally, Montecito Bank & Trust acquired a new stake in shares of Capital One Financial in the third quarter worth $647,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on COF. Wells Fargo & Company increased their target price on shares of Capital One Financial from $265.00 to $280.00 and gave the company an “overweight” rating in a research report on Monday. Morgan Stanley reaffirmed an “overweight” rating and set a $280.00 price objective on shares of Capital One Financial in a report on Tuesday, December 16th. UBS Group cut their target price on Capital One Financial from $270.00 to $266.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. Cowen reissued a “buy” rating on shares of Capital One Financial in a research report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. raised their price target on Capital One Financial from $235.00 to $237.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $274.80.

About Capital One Financial

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.