Capital One Financial (NYSE:COF) General Counsel Matthew Cooper Sells 3,500 Shares

Capital One Financial Corporation (NYSE:COF) General Counsel Matthew Cooper sold 3,500 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $183.93, for a total transaction of $643,755.00. Following the sale, the general counsel owned 97,194 shares of the company’s stock, valued at $17,876,892.42. This trade represents a 3.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Capital One Financial Stock Performance

NYSE COF opened at $185.62 on Friday. The firm has a market cap of $115.51 billion, a P/E ratio of 65.13, a P/E/G ratio of 0.66 and a beta of 1.05. Capital One Financial Corporation has a 52-week low of $174.98 and a 52-week high of $259.64. The business’s 50-day moving average price is $188.58 and its 200 day moving average price is $211.84. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.46.

Capital One Financial (NYSE:COF) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing the consensus estimate of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The company had revenue of $15.23 billion for the quarter, compared to analysts’ expectations of $15.68 billion. During the same period in the prior year, the company earned $4.06 earnings per share. The firm’s revenue was up 52.3% on a year-over-year basis. On average, equities research analysts expect that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Capital One Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Tuesday, May 19th. Capital One Financial’s dividend payout ratio is 112.28%.

Analysts Set New Price Targets

Several brokerages have issued reports on COF. Argus dropped their price objective on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. UBS Group lowered their target price on shares of Capital One Financial from $283.00 to $270.00 in a report on Wednesday, May 6th. BTIG Research reissued a “buy” rating and set a $224.00 price target on shares of Capital One Financial in a report on Wednesday, April 22nd. TD Cowen reduced their price objective on shares of Capital One Financial from $290.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Finally, Morgan Stanley lowered their price objective on Capital One Financial from $300.00 to $273.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Eighteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $257.52.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Evolution Wealth Management Inc. boosted its stake in shares of Capital One Financial by 529.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 90 shares in the last quarter. VSM Wealth Advisory LLC acquired a new position in Capital One Financial during the fourth quarter worth $27,000. Cherry Tree Wealth Management LLC raised its holdings in Capital One Financial by 1,312.5% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 105 shares during the last quarter. Strive Asset Management LLC purchased a new stake in Capital One Financial during the third quarter worth $28,000. Finally, Frazier Financial Advisors LLC purchased a new stake in Capital One Financial during the first quarter worth $29,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Capital One Financial Company Profile

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.